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$ILMN said microarray revenue grew 1% in 1Q16 versus 1Q15 to almost $90MM and orders exceeded the company's expectations with growth of 85%. Shipments to clinical customers grew approx. 20% in 1Q16. NIPT shipments grew 10% or 28% after adjusting for the shift versus the prior year.
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.