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$INTC 2Q15 PR: 3Q15 Guidance: Revenue $14.3Bil, plus or minus $500MM; GM 63% plus or minus a couple of percentage points; R&D plus MG&A spending approx. $4.9Bil; restructuring charges approx. $175MM; Amortization of acquisition-related intangibles approx. $70MM and depreciation approx. $2Bil.
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.