Want to join the conversation?
A corporate restructuring was also announced by $BIIB in 3Q15 that included the termination of a number of pipeline programs and an 11% reduction in workforce. On guidance $BIIB said, revenue growth for FY15 is expected to be approx. 8-9% vs. 2014; R&D expense to be approx. 19-20% of total revenue; and GAAP diluted EPS to be between $14.65-14.95.
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.