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During 1Q16, $DVA concluded 4Q15 impairment assessment work on certain HCP reporting units with no material change. As a result of continued underperformance in recent quarters and further analyses performed during 1Q, $DVA recognized additional goodwill impairment charge of $77Mm for one of its HCP reporting units in 1Q16.
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.