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$DOV's revenue from Energy for 3Q16 was up 5% sequentially, largely within its drilling and production markets. This was driven by rises in the North American rig count, principally in the Permian. The recent rig count and oil price trends are constructive and supportive of continued near-term improvement in its early cycle businesses.
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.