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$BSX's 2015 R&D expenses rose $59MM, or 7% vs. 2014, and were 60 BP higher as a percentage of net sales. The increase was mainly due to investments across all businesses in order to maintain a healthy pipeline of new products believed to contribute to profitable sales growth and increased cost related to recent acquisitions and alliances.
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.