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$NSC's traffic volume for 4Q15 declined by 6% as a result of lower coal volumes and the effects of low commodity prices. Average revenue per unit decreased 6% as the effects of higher rates were more than offset by a $226MM, or 73%, decline in fuel surcharge revenues.
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.