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Oil and natural gas producer $CRC said William Albrecht will transition from Executive Chairman to Non-Executive Chairman at time of its annual stockholder meeting in May 2016. Frank Komin, EVP â?? Southern Operations, has elected to retire. $CRC said Robert Barnes, EVP, will oversee statewide operations upon Frank's retirement.
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.