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$ALGT said its May revenue passenger miles grew by 16.3% to 819.16MM from the previous year period and its available seat miles increased 18.6% to 982.49MM. Load factor decreased to 83.4% from 85% last year. Passengers increased 18.1% and departures grew 20.3%.
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.