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In 1Q16, for $LH's LabCorp Diagnostics segment, revenue was $1.6Bil, an increase of 7.2% over last year. The increase in revenue was the result of organic volume growth, Beacon LBS, price, mix and tuck-in acquisitions, partially offset by currency. For Covance Drug Development, revenue was $703MM, an increase of 12.6% over last year.
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.