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$NUVA said it agreed to buy Biotronic NeuroNetwork for $98MM in cash. Both companies' BoD unanimously approved deal. $NUVA expects transaction to immediately add to its non-GAAP EPS in 2016 and significantly add in 2017 and beyond. $NUVA sees deal to support 2016 non-GAAP operating margin guidance of 15.8% and longer-term revenue growth forecast.
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.