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$MKC 2Q15 Call - Alan, CEO: Our 2Q15 results demonstrate effectiveness of our sales & profit growth strategies, & continued the momentum that we established in 1Q15. While sales decline 1%, in constant currency sales we achieved a 5% YonY increase. We achieved higher constant-currency sales in both our business segments & across geographic regions.
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.