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Short-line railroad holding company $GWR said its traffic in May 2016 was 232,747 carloads, down 9,215 carloads or 3.8% from May 2015. Traffic in 2Q16 through May 2016 was 462,719 carloads, a decrease of 30,940 carloads or 6.3% from 2Q15 through May 2015.
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.