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$HAL 2Q15 Call: HAL is fully committed to its target of closing the Baker Hughes acquisition in late 2015 and will be extended if necessary. HAL reduced global headcount by over 16%. Corporate and other expenses were $70MM and expecting approx. $75MM in 3Q15. Effective tax rate was 26% and expected to be 26-27% for remainder of FY15.
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.