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$UNP's freight revenue for 3Q15 fell by 10% from last year. The decrease was due to a 6% decline in volume and lower average revenue per car (ARC) driven by lower fuel surcharge revenue and negative business mix, partially offset by core pricing gains. Lower energy prices continue to negatively impact the demand for coal and shale related products.
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.