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$SYK said the acquisition of Physio-Control, expected to close at the beginning of 2Q16, will slightly add to its adjusted earnings per share in 2016. The company now expects adjusted earnings per share of $5.57-5.77, up 8.8-12.7% which includes a 2.5% negative foreign exchange rate impact on its adjusted earnings per share.
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.