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$BDX said that there was a bipartisan agreement several weeks ago to suspend the Medical Device tax. The company intends to reinvest this tax back into the business further supporting its innovation strategy. $BDX said that it is maintaining adjusted EPS guidance, despite currency headwinds and is raising its currency neutral adjusted EPS for FY16.
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.