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$ALK's Alaska Airlines reported a 9.8% rise in revenue passenger miles or traffic to 2.69Bil in Dec. from 2.45Bil last year. Available seat miles or capacity grew 12.1% to 3.22Bil. However, passenger load factor fell by 1.8 points to 83.6% from 85.4%. Revenue passengers rose 7.4% to 1.97MM.
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.