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$HCP said its CFO and EVP Timothy Schoen is leaving the company to become President of BioMed Realty, a real estate company serving life science industry. Schoen will remain in his current role at $HCP through May 22 to oversee reporting of 1Q earnings and to ensure a smooth transition of his duties.
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.