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$MRK 2Q15 Q&A: Bristow of BofAML asked about the opportunity in Hep C market and Adam told Hep C market represents a very significant opportunity for Merck. At past, around 100,000 to 120,000 at maximum were treated, but now it’s 170,000 to 200,000. Hep C market remains very attractive and Merck is excited about getting into that market place.
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.