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$ADS 2Q15 Call: Core EPS was up 14% to $3.32 vs. $2.90 in 2Q14. ADS bought 451,000 shares for total consideration of $134MM in 2Q15 and bought 2.5MM shares for total consideration of $699MM YTD. BrandLoyalty revenue up 41% and adjusted EBITDA, net is up 29% for 1H15 vs. 1H14 on a constant currency basis.
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.