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Pharmaceutical company $MYL said that the Renaissance business brings a complementary portfolio of about 25 branded and generic topical products, which when combined with Meda's offerings positions the company to be a leader in dermatology. Meda also positions $MYL at the top of the global respiratory and allergy markets.
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.