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$VECO, a manufacturer of thin film equipment, said it signed a joint development project agreement with IMEC, Belgium-based nano-electronics research center. This collaboration will help increase the development of Gallium Nitride (GaN) based power electronic 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.