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$KNDI's research and development expenses for 9 months ended Sept. 30, 2015 fell by 23.9% from last year. The decrease was primarily due to lower expenses on China Auto Research Centre for EV testing, lower depreciation expenses, and rise in material spending for battery pack research and development.
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.