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$MDT Medtronic plc today announced that it has signed a definitive agreement to acquire Twelve, Inc., a privately-held medical device company based in Redwood City, California., focused on the development of a transcatheter mitral valve replacement device. Twelve is the twelfth company spun out from the premier medical device incubator The Foundry.
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.