Want to join the conversation?
$LUV said it generated strong free cash flow of $1.1Bil in 2015, allowing it to return $1.4Bil to shareholders. Based on current outlook, $LUV expects strong free cash flow to continue in 2016 and intends to repurchase an additional $500MM of its common stock under accelerated share repurchase program.
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.