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$HOG 2Q15 Call: During the quarter, HDFS’ operating profit increased 10.0% compared to last year. Net interest income was favorable to prior year driven by higher receivables, partially offset by lower yields on receivables due to increased competition. Also HDFS had increase in insurance & credit card licensing revenue during the second quarter.
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.