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$JNJ said it has agreed to buy NeoStrata Company for undisclosed terms. The acquisition will include NeoStrata's affiliates and parent company TriStrata. NeoStrata develops and markets a range of clinically-proven, dermatologist-developed, skin care products that meet the needs of every skin type. The acquisition is expected to close in 1H16.
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.