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$SWK expects the Newell Tools acquisition to be about $0.15 accretive to EPS in year one post-closing and increasing to about $0.50 per share by year three, excluding approx. $125-140MM of restructuring and other deal related costs and approx. $40MM of non-cash inventory step-up charges, which will largely be incurred during years one and two.
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.