Want to join the conversation?
$COF 2Q15 PR: Cash and cash equivalents were $7.15Bil vs. $6.73Bil in 2Q14. Total other debt was $31.98Bil vs. $29.10Bil in 2Q14. Net interest margin was 6.56%, down 1 BP. Net interest margin excluding the contra-revenue impact of the build in the UK PPI reserve was 6.58%.
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.