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$GNW 2Q15 Call: Looking at key performance metrics, sequential operating revenue results reflect three main drivers. 1) Earned premiums continued to be favorably impacted by long-term care rate actions. 2) Investment income is up slightly from $13MM of higher gains related to limited partnership performance. 3) FX had an unfavorable impact of $8MM.
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.