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$TRIP 2Q15 PR: Diluted earnings per share were $0.40 vs. $0.47 in 2Q14. Free cash flow was $177MM, or 44% of revenue, up 160% QoverQ and up 30% YoverY. TRIP enhanced its financial position by entering into a $1Bil five-year credit facility, which will be used for corporate purposes. Average monthly unique visitors grew 30% vs. 2Q14 to 375MM.
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.