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$SLB 2Q15 Call: Operating margin was 24.5%, up 35 bps sequentially and 44% YoverY. North America revenue fell 27% sequentially, while International revenue was 5% lower, impacted by customer budget cuts and pricing concessions. US land activity was down in oil basins with the rig count dropping below 860 for most of the month of June.
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.