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$DAL said that its 1Q16 revenues were roughly flat vs. 1Q15, including $125MM headwind from currency, a $5MM impact from the recent events in Brussels. The company is maintaining its top line performance despite a 40% dip in market fuel prices. Volume growth in the quarter was 2%, more than offset by lower yields.
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.