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$ABBV said that its adjusted R&D expense was 15.9% of net revenues in 4Q15, reflecting funding actions in support of its mid- and late-stage pipeline. The company's adjusted operating margin in during quarter was 40.1%, compared to 35.8% in 4Q14. On a GAAP basis, the operating margin was 33%.
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.