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$HOT 2Q15 Call: The reorganization changes we’ve made in the second quarter will reduce our SG&A expense by $25MM in run rate annual savings. Yesterday, development group signed the first Tribute Portfolio in Europe, planning the Tribute Portfolio flag in Central London.
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.