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$ALK said that on a combined basis, for Feb. 2016, Air Group reported a 13.8% increase in traffic on an 18% increase in capacity compared to Feb. 2015. Load factor fell 3 points to 80.4%. These statistics include flights operated by Alaska, Horizon, and those under third-party capacity purchase agreements.
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.