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$MO 2Q15 Call: Smokeable products segment continues to expand margins. Adjusted OCI margins increased by 3.3% to 47.5% for 2Q15 and by 3% to 47% for 1H15. L&M also turned in another strong performance despite a declining discount segment. PM USA's reported cigarette shipment volume growth benefited from trade inventory movements.
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.