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$WEC 2Q15 Call: During the second quarter of 2015, we recognized an incremental gain of $15.2MM on the sale of a legacy asset. The purchase & sale of assets is a regular part of our business. In fact, we have a real estate development subsidiary & this quarter sale was part of our financial plan for the year.
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.