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$VMC 2Q15 Call: Overall average shipments were lower than expected due to wet weather, but continued to see expanding gross profit margin and expanding EBITDA margins during the quarter. Overall gross profit margins increased by more than 450 BP and gross profit increased 34%. Same-store shipments were up 5% and same-store pricing were up over 6%.
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.