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$BLL 2Q15 Call: CapEx will likely be in range of $450MM, up $50MM from previous estimate, given YTD project dollars spent. Interest expense will be roughly $150MM excluding debt refinancing and other costs. Effective tax rate is now expected to be 28%, due primarily to geography of earnings & corporate undistributed will come in just below $90MM.
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.