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$YHOO 2Q15 PR: GAAP revenue by segment: Americas $992.21MM; EMEA $85.83MM; and Asia Pacific $165.23MM. Cash, cash equivalents, and marketable securities were $7Bil at 2Q15-end vs. $10.2Bil as of December 31, 2014. "In addition to revenue outperformance, we reduced $30MM in sequential cash operating expenses," said CFO Ken Goldman.
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.