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$L 2Q15 PR: Diluted income per share attributable to Loews Corporation was $0.46 compared to $0.30 in 2Q14. At June 30, 2015, there were 365.6MM shares of Loews common stock outstanding. During three and six months ended June 30, 2015, the Company repurchased 5.8MM and 7.6MM shares of its common stock at an aggregate cost of $233MM and $305MM.
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.