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$PPG 2Q15 PR: Net sales from continuing operations of $4.1Bil, up $18MM, or about 1%, vs. the prior-year figure of $4.08Bil. Net sales in local currencies increased by 8%, or approx. $340MM. Net income from continuing operations was $337MM, or $1.23 per diluted share compared to $386MM, or $1.38 per diluted share in 2Q14.
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.