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$AAL 2Q15 Q&A: DeNardi of Stifel asked about the PRASM benefit from some of the LCC markets. Scott replied that the relative RASM performance of local markets plus the connecting traffic flows on those segments got a little bit better and those markets have outperformed. AAL has won back some market share by not being price competitive, added Scott
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.