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$IFF 2Q15 PR: Net sales for Flavors segment were $372.48MM vs. $375.51MM in 2Q14 and segment profit decreased 7%, or $6.8MM, to $84MM. Fragrances net sales were $395.06MM vs. $412.91MM in 2Q14 and segment profit decreased 6%, or $5.6MM, to $79.9MM.
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.