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Medical equipment, supplies & distribution company $IART said that the U.S. FDA has approved the PMA Supplement for Integra Dermal Regeneration Template for the treatment of diabetic foot ulcers. The advanced active healing dressings market is about $3Bil in the U.S., of which nearly $600MM is in cellular and tissue-based products.
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.