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Artificial heart valve maker $EW reported higher 4Q15 results, mainly helped by demand for its transcatheter aortic valve replacement therapy. For the quarter, the company reported earnings of $140.7MM, or $0.64 per share, compared with earnings of $109.2MM, or $0.50 cents per share a year ago. Revenue rose 8.6% to $671.1MM.
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.