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For 1Q16, $ADBE's R&D expense rose 10% to $237.2MM. The increase in R&D expense, sales and marketing and G&A expense was primarily due to the increase in costs associated with compensation and related benefits. This was driven by increased headcount and cash incentives due to higher costs associated with incentive compensation program in FY16.
$JCP shares rebounded and now in green territory after saying it will hire 800 consultants as part of a beauty expansion that will include 70 new Sephora store-in-store locations.
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.