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$AN 2Q15 PR: Revenue in Domestic segment was $1.76Bil vs. $1.6Bil in 2Q14. Revenue in Import was $1.8Bil vs. $1.72Bil in 2Q14. Premium Luxury segment revenue was $1.63Bil vs. $1.43Bil in 2Q14. Domestic segment income increased to $85MM. Import segment income grew 2.6% from 2Q14 to $80MM. Premium Luxury segment income increased 8.6% to $94MM.
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.