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$TMK 2Q15 Call: Total underwriting margin was $73MM, on premium revenue of $227MM. Life premiums of $207MM were up 9% & life insurance underwriting margin of $64MM, up 6%. The average producing agent count was 6,603, up 15% from a year ago & up 5% from the 1Q15. Net life sales were $50MM, up 13%
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.