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$LUV 2Q15 Q&A: On the question about the mix between pricing and load factors, asked by Kim of Goldman Sachs, Gary said that LUV is looking to be the low fare carrier going forward and working hard to support that by being low cost per user. The current load factors are the highest in the company’s history.
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.