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Specialty healthcare company $ENDP reported an increase in 4Q15 earnings from continuing operations driven by revenues from acquisition of Par Pharmaceutical. Income from continuing operations rose to $443.71MM or $1.97 per share from $19.48MM or $0.12 per share last year. Revenue jumped 62% to $1.07Bil. Adjusted EPS climbed 42% to $1.36.
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.