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$DHR said it expects to complete the spin-off of Fortive Corp. on July 2. Upon completion of the spin-off, $DHR common stockholders will receive a stock dividend of one share of Fortive common stock for every two shares of $DHR common stock they hold as of the spin-off record date, which is expected to be June 15.
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.