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$VRTX expects to provide net product revenue guidance for Orkambi during 2016. As of Dec. 31, more than 4,500 people had begun treatment in the U.S. since approval. $VRTX sees vast majority of eligible patients in the U.S. will begin treatment by end of 2016. $VRTX will recognize revenues from Orkambi sales in the U.S. and Germany 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.