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$LLY 2Q15 Call: In emerging markets, revenue declined 15% driven by negative FX of 12%. On a performance basis, emerging market sales declined 4% driven by lower sales in China and the negative effect of the Brazil Humulin tender LLY had last year. This quarter, Pharma revenue in China declined 16% driven by lower volume.
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.