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$MHK 2Q15 Call: To maximize growth, invested more into the businesses including developing differentiated products, hire more sales people, increasing product sampling and merchandising. Capital investments are adding capacity where needed to meet growing demand and increasing margins through improved efficiencies and reduced costs.
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.