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Airline company $AAL said its total revenue passenger miles (RPMs) or traffic rose by 1.6% to 17.1Bil in Jan. 2016 from last year. Total capacity or available seat miles (ASMs) slid by 0.3% to 21.4Bil. Total passenger load factor rose by 1.5 percentage points to 79.7% from 78.2%.
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.