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$GS 2Q15 Call – Harvey Schwartz, CFO: Net revenues $9.1Bil. Net earnings, $1Bil. Diluted EPS $1.98. Annualized return on common equity 4.8%. YTD: Net revenues $19.7Bil. Net earnings $3.9Bil. Diluted EPS $7.93. Annualized return on common equity 9.7%. In 2Q15, recorded net provisions for mortgage-related litigation & regulatory matters of $1.45Bil.
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.