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Southwest Airlines

Southwest Airlines (LUV) reported flat EPS of 9 cents, beating views by a penny. Revenue was up 2% to $4.17 bil, just shy of estimates for $4.2 bil. The low-cost carrier said the average ticket price rose $8 and passengers flew 1.4% fewer miles on the airline. But fuel spending rose only 0.7%. Shares rose 0.8%.