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$MAC 2Q15 PR: Total revenues of $322.79MM decreased $68.45MM compared to $254.34MM in 2Q14. Net income attributable to the Company was $14.4MM for the quarter ended June 30, 2015 compared to net income for the quarter ended June 30, 2014 of $16.1MM. Diluted funds from operations of $151MM vs. $129.8MM 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.