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$WM 2Q15 Call: SG&A cost declined $31MM vs. 2Q14. Net cash provided by operating activities was $816MM vs. $555MM in 2Q14, up $261MM. Free cash flow was $579MM, up $245MM YoverY. For 2015, expects CapEx to be at the high end of the guidance range of $1.2-1.3Bil and free cash flow between $1.4-1.5Bil.
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.