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$CMG 2Q15 10-Q: Effective tax rate was 38.8% vs. 39.1% in 2Q14 and FY15 ETR is expected to be 38.7% vs. 37.6% in 2014. As of July 17, 2015, outstanding shares were 31,141,775. Total number of shares purchased in 2Q15 was 149,129 with average price of $624. As of June 30, 2015, CMG announced that BoD authorized repurchases of shares up to $900MM.
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.