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$HALO 2Q15 Call: Selling, general and administrative expenses for 2Q15 were $9.8MM, compared to $8.8MM in 2Q14. The increase was primarily due to an increase in personnel expenses, including stock compensation, for the period. Net income for 2Q15 was $3MM or $0.02 per share vs. a net loss of $16.3MM or $0.13 per share 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.