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$HIG 2Q15 PR: Diluted EPS was $0.96 compared to net loss per share of $1.00 in 2Q14. Weighted average diluted common shares outstanding were 428.1MM compared to $467.9MM in 2Q14. As of July 24, 2015, HIG spent $2.377Bil for equity repurchases, including $81MM since June 30, 2015, leaving approx. $2Bil for equity repurchases through Dec. 31, 2016.
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.