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In 1Q16, operating segments of $MDT, CVG and Diabetes grew in the high single digits, while RTG and MITG grew in the mid-single digits after adjusting the growth rates for the extra selling week. Geographically, after adjusting for the extra week, $MDT’s US performance was strong with high-single digit revenue growth.
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.