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$NWL 2Q15 Call: Reported net sales in our Commercial Products segment decreased 5.8% to $210.6MM. Core sales, which excludes the Rubbermaid Medical business, increased 1.6% driven by pricing & volume growth despite about a 10% core sales growth comp in the prior year. The core growth for the first half of the year was 5%.
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.