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Downers Grove, Illinois-based company $DOV said it closed four acquisitions which are expected to generate well over $0.5Bil in 2016. In 4Q15, on the revenue side, $DOV estimates to have generated 5% growth from new business, mainly driven by new product introductions and strong service levels.
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.