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$CMI 2Q15 Call: Cash flow generated from operations through 1H15 was $569MM and expect operating cash flow to be in the range of 10% to 15% of sales for 2015 with strong flow generation in 2H15 than 1H15. CapEx will be between $700MM and $800MM for 2015. The Analyst Day event will be held in New York on Nov. 10, 2015.
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.