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$WMB 1Q15 10-Q: Revenues were $1,716MM vs. $1,749MM in 1Q14. Operating income was $227MM vs. $420MM in 1Q14. Net income was $70MM vs. $140MM in 1Q14. Costs and expenses were $1,489MM vs. $1,329MM in 1Q14. Diluted earnings per share were $0.09 vs. $0.2 in 1Q14. Comprehensive income was $16MM vs. $101MM in 1Q14.
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.