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$SRDX acquired NorMedix for $14MM, including an upfront payment of $7MM, and up to $7MM based on the achievement of revenue and other value-creating milestones through Sept. 30, 2019. Other financial terms of the agreement were not disclosed.
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.