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Sensor systems maker $FLIR said it has acquired Armasight, developer of precision sporting and military optics products, for about $41MM. The combined business, named FLIR Outdoor and Tactical Systems, will be reported within $FLIR's Surveillance segment. Company expects the deal to be neutral to 2016 earnings and add to earnings thereafter.
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.