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$STJ said that it is on track to close the transaction with $ABT by the end of 2016. The company recently announced that it will sell its Angio-Seal and Femoseal vascular closure devices, which are also expected to close by the end of 2016. Until that time, $STJ will continue to manufacture and sell these devices.
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.