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$DGX 2Q15 PR: Reported operating income was $301MM, or 15.6% of revenues, compared to $262MM, or 13.8% of revenues in 2014. Adjusted operating income was $321MM, or 16.7% of revenues, compared to $296MM, or 15.5% of revenues for 2Q14. Reported cash provided by operations was $275MM, and was negatively impacted by after tax cash charges of $49MM.
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.