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$AMGN's OpEx decreased 4% YoverY in 4Q15 and remained flat for the full year. R&D expenses fell 10% YoverY in 4Q15, driven by savings from transformation and process improvement efforts, as well as a $60MM upfront payment in 4Q14 related to its cancer immunotherapy collaboration with $KITE.
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.