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$XRAY, which competes with $PDCO, $MWIV and $HSIC, said the company is confident of delivering $125MM in synergies by year three of its merger with Sirona. The company will use its cash flow to make acquisitions, repurchase stock and support dividend going forward. Geographically, $XRAY had good growth across all regions in 1Q16.
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.