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$MSI 2Q15 PR: Net Sales of $1.4Bil, down 2%, including $53MM of unfavorable foreign currency impact. North America sales grew 5%, driven primarily by Product segment sales. Net earnings attributable to Motorola Solutions, Inc. were $142MM compared to $824MM in 2Q14. GAAP operating margin was 18.6% of sales in 2Q15 compared with 9.9% 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.