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$LUV said 1Q16 economic fuel costs were $1.78 per gallon, compared with $2.00 per gallon a year ago. Based on the company's existing fuel derivative contracts and market prices as of April 18, 2Q16 economic fuel costs are estimated to be in the $1.75 to $1.80 per gallon range, as compared with $2.02 per gallon a year ago.
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.