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$PHM's BoD has unanimously appointed President Ryan Marshall as CEO effective immediately. Marshall, who has also become a member of the Board, succeeds Richard Dugas Jr., who earlier this year announced his intent to retire. Dugas will continue as Executive Chairman of the Board through 2017 annual meeting.
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.