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$EBAY 2Q15 PR: eBay Inc.’s earnings per diluted share were $0.07, a decrease of 87% when compared to $0.53 in 2Q14. GAAP effective tax rate for continuing operations was 21.3% compared to 16.7% in 2Q14. GAAP operating margin decreased to 16.9% compared to 20.8% in 2Q14.
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.