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Monitoring technologies company $MASI announced an amendment to its existing settlement agreement with $MDT on Nellcor. As per the amendment, $MDT will continue to pay $MASI a royalty of 7.75% for its current pulse oximetry products sold in the US through October 6, 2018, after which no further royalties will be due under the agreement.
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.