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$MRO 2Q15 Q&A: For the question on asset sale asked by Singer of Goldman Sachs, Lee replied that the one transaction that was announced in the quarter was the non-core natural gas that was sold for very compelling economics for $100MM, step one in the company’s target of achieving greater than $500MM of asset sale.
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.