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$TSLA 2Q15 Q&A: Commenting to the question from Murphy of BofAML about pre-owned program, Deepak told the Company kicked off the program in April and selling cars at a faster rate through it. This program is creating good demand for pre-owned side and as it picks up, it’s going to be a successful program, he added.
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.