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$NI's 3Q15 operating expenses were $498.4MM, a drop of $6.3MM from last year. This drop was mainly due to lower operation and maintenance expenses of $16.3MM, partly offset by increased depreciation and amortization of $8.7MM. The drop in operation and maintenance expenses was mainly due to decreased employee and administrative expenses of $12MM.
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.