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$DAL said its consolidated passenger unit revenue (PRASM) for the month of June declined 5% YoverY due to close-in domestic yield weakness and continued pressures from foreign exchange. For June quarter, unit revenues declined about 5%, including about 1 point of pressure from foreign exchange.
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.