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$PFG 2Q15 PR: Assets under management as of 2Q15 were a record $539.9Bil, with net cash flows for 2Q15 of $8.2Bil & $17.6Bil YTD. Retirement & Investor Services Accumulation sales were $7.6Bil. Record account values of $266.9Bil, included sales of $1.6Bil for Full Service Accumulation, $5.4Bil for Principal Funds & $0.8Bil for Individual Annuities.
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.