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$LEN 2Q15 Q&A Update – Bruce, CFO: On other expenses of JV line, we did have some start-up expenses with shipyard community as we’re just at very beginning of that and that was the bulk of the offset and that’s something you’re seeing at beginning of that community. As deliveries start to kick later this year, we don’t expect that to continue.
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.