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$NE 2Q15 PR: Net cash from operating activities totaled $399MM in 2Q15 and $768MM for 1H15. CapEx was $81MM and totaled $170MM through June 30, 2015. Total debt at June 30, 2015 was $4.8Bil, essentially flat with the $4.9Bil in debt reported at March 31, 2015.
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.