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Railroad operator $KSU said that it has appointed the company's current President Patrick Ottensmeyer as CEO effective July 1, 2016. Mr. Ottensmeyer will be replacing the current CEO David Starling, who will be continuing as Senior Advisor to CEO until his retirement on December 31, 2016.
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.