Want to join the conversation?
$ABT, which competes with $MDT, $JNJ, and $BSX, said for 2Q16 the company expects an adjusted gross margin ratio of somewhat above 57%, adjusted R&D investment somewhat above 6.5% of sales and adjusted SG&A expense of around 31.5% of sales. The company also expects specified items of $0.14 in 2Q16.
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.