Want to join the conversation?
As of Sept. 30, 2015, $LH had outstanding authorization to purchase up to $789.5MM of its common stock. Following the announcement of the acquisition of Covance Inc., $LH suspended its share repurchases. It does not anticipate resuming its repurchase activity until it approaches its targeted ratio of total debt to consolidated EBITDA of 2.5 to 1.0.
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.