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Computer chip-maker $XLNX reported a rise in its 4Q16 earnings. $XLNX said its 4Q16 net income increased to $145MM, or $0.54 per diluted share from $134MM, or $0.50 per diluted share during 4Q15. Revenue came in at $571MM, up 1% sequentially and 1% up from 4Q15.
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.