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$UAL reduced its expectations of 1Q16 capacity and anticipates growing approx. 1.5-2.5%. The company said that it is addressing issues in areas that are experiencing economic slowdowns by repositioning capacity to the areas that are better performing. In 2016, $UAL expects sequential QoverQ capacity improvement and improvement in operations.
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.