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$CGNX said that in the semiconductor and electronics capital equipment market revenue fell 10% YoverY in 1Q16. The company entered into two new markets in FY16, increasing the total addressable market by more than 25%; ruggedized mobile terminal market and market of reading bar-codes on airport baggage.
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.