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$HSP 2Q15 PR: Net sales increased 4.2% to $1.2Bil from $1.14Bil in 2Q14. Net income was $145.1MM or $0.82 per diluted share vs. $70.9MM or $0.42 per diluted share in 2Q14. On a GAAP basis, income from operations was $219MM vs. $100MM in 2Q14.
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.