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$THC 2Q15 PR: Net operating revenues, after the provision for doubtful accounts, grew by $454MM, or 11.2%, to $4.492Bil vs. $4.038Bil in 2Q14. Including continuing and discontinued operations, reported net loss attributable to common shareholders of $61MM after-tax, or $0.61 per share vs. $26MM after-tax, or $0.27 per share in 2Q14.
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.