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$BLL 2Q15 Q&A: Dillon from Vertical Research Partners asked about capacity situation in Europe. John explained that as we go into 2016 some of the additional capacity; that will help to elevate the situation. Germany continues to be strong; I think that’s the biggest market.
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.