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$ANTM’s total expenses increased 7.25% YoverY and there was a significant increase in income tax expense of 31.2% from 2Q14. Cash dividends paid for 1H15 by $ANTM was $330.5MM, up $86.5MM YoverY. SG&A expense increased $438.7MM, or 7.6%, primarily due to higher administrative costs to support growth in membership, and increase in HIP Fee.
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.