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$GT 2Q15 Q&A: Brinkman from JPMorgan asked about raw materials prices. Richard replied in terms of where raw material will be, I would point you back toward the assumption page that we really haven’t changed much where we are. I think we said 8% reduction for the year.
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.