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Medical device maker $MDT said it acquired Aircraft Medical, a privately-held medical device company, for $110MM. $MDT said it does not expect the deal to add or reduce its earnings in FY16. The company expects the deal to be neutral to earnings accretive thereafter.
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.