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$UTX 2Q15 Q&A: Epstein of BofA asked about the portfolio now and the long-term organic growth. Greg answered that shedding Sikorsky was a big decision on our portfolio. We shed $125Bil in sales since 2010. Pratt’s topline is going to go for $15-25Bil. You are going to see very solid organic growth there. The same is on Aerospace Systems side.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.