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Insurance holding company $GNW said that it has named Kevin Schneider as the company's COO, effective Jan. 1, 2016. Kevin will report to Tom McInerney, President and CEO. In this role, Kevin will be responsible for all the daily operations and operating performance of the company, including driving business improvement, growth and resourcing.
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.