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$GE 2Q15 Call: Revenues of $32.8Bil were up 2% in the quarter. Industrial revenues, including corporate, were up 1% to $26.9Bil. Industrial segments were flat on revenue for the quarter, but up 5% organically. Industrial operating plus Verticals EPs was $0.31, up 19% YoverY; driven by Industrial up 18% and the Verticals up 25%.
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.