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$APA’s oil and gas production revenues in 2Q15 were $2Bil, down 44% from last year, which reflected the significant decrease in realized commodity prices. During 2Q15, $APA completed the sale of its 50% interest in Kitimat LNG project and related upstream acreage in Horn River & Liard basins to Woodside Petroleum Ltd. for total proceeds of $854MM.
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.