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$RECN announced the planned retirement of its Nathan Franke, Executive Vice President and Chief Financial Officer. Franke will continue to remain in his current position until the end of July. The company said it has started the search for his successor.
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.