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$THC 2Q15 Call: Volume growth was strong and in line with expectations. EBITDA exceeded the high end of guidance even after excluding earnings of USPI and Aspen. Expects to generate approx. $1Bil in net cash proceeds from previously disclosed portfolio activities. Excluding earnings, delivered EBITDA of $552MM which exceeded guidance of $500-550MM.
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.