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$NVDA's operating expenses for 3Q15 included $8MM of restructuring and other charges. The company expects to incur additional restructuring charges to operating expense of $25-35MM in 4Q16. These restructuring activities will impact approx. 5% of the global workforce, and $NVDA expects them to be substantially completed by FY16-end.
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.