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Gross profit of $GME increased 5.4% for 2Q15 when compared to the same period a year ago. As a percentage of net sales there was a 3.45% increase in gross profit YoverY. This was driven by the growth in mobile and consumer electronics category related to $GME's Technology Brands segment, which on a YoverY basis increased gross profit by $22.9MM.
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.