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$HD 2Q15 Call: Sales for the second quarter were $24.8Bil, up 4.3% from last year. Comp sales were up 4.2% from last year. Diluted earnings per share were $1.73 in the second quarter, and our U.S. stores had a positive comp of 5.7%. For the first half, sales grew over $2.2Bil or 5.1%, exceeding our plan even in the face of a stronger US dollar.
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.