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$SPLS 2Q15 Call: Non-GAAP diluted EPS $0.12 was flat vs. 2Q14. This excludes pre-tax charges of $24MM related to restructuring & related activities, $34MM related to acquisition of Office Depot. On GAAP basis, net earnings were $0.06 per share. Gross profit margin increased 44BP to 25.6%, after excluding $5MM charge related to inventory write-downs
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.