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$CBS 2Q15 PR: Segment Revenues: Entertainment revenues were $1.79Bil compared to $1.84Bil in 2Q14. Cable Networks revenues were $615MM, up 19% from $516MM in the same prior-year period. Publishing revenues were $199MM compared with $211MM in 2Q14. Local Broadcasting revenues of $654MM, decreased 2% from $665MM in the same prior-year period.
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.