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$MCHP FY15 10-K: 2015 total OpEx increased 20% to $803.94MM vs. $669.88MM in 2014. Total OpEx in 2013 was $659.91MM. R&D expenses increased 14.6% to $349.54MM vs. $305.04MM in 2014. 2013 R&D expenses were $254.72MM vs. $182.65MM in 2012. SG&A expenses increased approx. 3% to $274.82MM vs. $267.28MM in 2014.
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.