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Electronic component maker $ALOG's 4Q16 revenue decreased versus 4Q15, with security delays accounting for 5% of the decline and legacy OEM probes accounting for 2%. GAAP GM rose 2.3 points to 45% and GAAP operating margin fell 2.6 points to 5%.
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.