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$R 2Q15 PR: Operating cash flow from continuing operations through June 30, 2015 was $646MM, up from $537MM in the same period of 2014 reflecting higher earnings and lower working capital needs. Total cash generated from continuing operations through June 30, 2015 was $1.05Bil compared with $845MM in the same period of 2014.
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.