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$FE 2Q15 Q&A: Eggers from Credit Suisse asked about cash flow improvement, opportunities going forward. Chuck explained there are few opportunities for us to add to this over time, particularly in supply chain area. We set a 12 week time frame to complete the study. We’ve got number of items in the queue that we are still working on.
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.