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$DAL said it expects Revenue per Available Seat Miles (RASM) results for July and August to be weak. The company expects a marked improvement in September monthly numbers as it implements its capacity changes and sees benefits from domestic revenue management initiatives, easing of FX headwinds and improvements in the pricing environment.
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.