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Computer chipmaker $XLNX reported a 29% jump in 2Q17 earnings driven by higher Advanced Products sales as well as all three technology nodes achieved new sales records. Net income rose to $164.19MM or $0.61 per share from $127.3MM or $0.48 per share last year. Revenue grew 10% to $579.21MM.
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.