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During 3Q15, $PFE completed its previously announced acquisition of Hospira. America's largest drug-maker expects the transaction will deliver $800MM in annual cost synergies by 2018. On Sept 30, 2015, $PFE updated certain components of its 2015 financial guidance solely to reflect anticipated impact of Hospira operations on 2015 financial results.
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.