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Animal healthcare company $WOOF said it agreed to acquire an 80% ownership interest in Companion Animal Practices, North America (CAPNA) for $344MM. CAPNA, located in Las Vegas, Nevada operates a network of 56 free standing animal hospitals. The company said it expects the deal to add to its non-GAAP earnings in 2016.
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.