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$TWC 2Q15 PR: Residential Services were $4,758MM compared to $4,662MM in 2Q14; Business Services were $803MM compared to $691MM in 2Q14. Other Operations were $431MM compared to $436MM in 2Q14. Adjusted OIBDA was $2Bil, decrease 1.2% YoverY as result of continued aggressive investments, as well as higher programming costs & pension expense.
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.