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$REGN 2Q15 PR: Net sales of EYLEA in the US grew 58% to $655MM from $415MM in 2Q14. Overall distributor inventory levels remained within the one- to two-week targeted range. Net sales of EYLEA outside the US were $338MM vs. $247MM in 2Q14. REGN recognized $107MM from its share of net profit from EYLEA sales outside the US compared to $67MM 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.