Want to join the conversation?
$UNP said its 2Q16 business volumes, as measured by total revenue carloads, declined 11% compared to the same period last year. The volume declines in coal, intermodal, industrial products, chemicals and automotive more than offset growth in agricultural products. The company repurchased 7MM shares in 2Q16 at an aggregate cost of $602MM.
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.