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$AMAT said it grew Semiconductor Systems revenue to the highest level in 15 years. In Applied Global Services, the company set a new revenue record of $657MM. In Display, $AMAT had record orders of $803MM, with more than half coming from projects in China. 4Q16 Display revenue grew by 67% sequentially.
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.