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For 4Q15, $UAL's total operating expense, excluding special charges, was $7.8Bil, down 8.1% YoverY. Including special charges, total operating expense was $8.0Bil, a decrease of 8.4% compared to a year ago period. The decrease was largely driven by lower oil prices.
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.