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$PCAR 2Q15 Call: Parts: strong results were driven by economic growth in US and Europe, and many innovative products and services offered by PACCAR parts and dealers. Financial Services: pre-tax income was $91MM vs. $92MM in 2Q14. Foreign currency translation reduced profit by $4MM. The portfolio continues to grow and perform well.
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.