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$ZBH expects 1H16 reported sales to be higher than 1H15, as the Biomet merger was completed midway through 2015. Pro forma revenue is expected to be about flat in 2016. Interest expense is expected to rise in 2016 versus 2015 due to the debt borrowed in 2015 to fund the Biomet merger.
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.