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$THG said Andrew Robinson, EVP and president, specialty insurance, has decided to leave $THG to pursue other opportunities, effective Sept. 1, 2016. Robinson's responsibilities have been reassigned temporarily to John Roche, EVP and president, business insurance, while $THG continues to evaluate strategic and business needs.
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.