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$ROST 2Q15 Call: Reported that earnings per share for the second quarter 2015 increased 11% to $0.63, up from $0.57 in the prior year. Net earnings grew to $259MM, compared to $240MM for the same period in 2014. Sales for the fiscal 2015 second quarter rose 9% to $2.968Bil, with comparable store sales up 4% over the prior year.
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.