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$SYK 1Q15 10-Q: Research, development and engineering expenses increased 1.3% to $152MM in 2015 or 6.4% of net sales compared to 6.5% in 2014. The increased spending levels in 2015 were driven by the timing of projects and Stryker’s continued investment in new technologies. SG&A expenses were 37.5% of net sales in 2015 vs. 37.3% in 2014.
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.