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$CL 2Q15 PR: Net sales for the quarter were $4,066MM compared to $4,352MM in 2Q14, a decrease of 6.5%. Global unit volume grew 3.0%, pricing increased 2.5% and foreign exchange was negative 12.0%. Organic sales grew 5.5%. Net income attributable to Colgate-Palmolive Company for the quarter was $574MM compared to $622MM in the same period last year.
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.