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$WHR 2Q15 Call: We launched Whirlpool laundry product with smart load system that reduces water consumption in addition to delivering best-in-class capacity & superior washing results. Asia region net sales were $381MM vs. $211MM in 2Q14, primarily driven by the impact of the integration. Delivered record ongoing profit of $31MM vs. $4MM 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.