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Medical devices manufacturer $VAR appointed Rafael Torres as SVP, Business Development & Strategy. Torres will lead $VAR's strategic plans for growth through acquisitions, investments, and partnerships. He will report to Dow Wilson, President and CEO. Prior to joining $VAR, Torres worked as Global Head of Healthcare for GE Ventures and GE Equity.
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.