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$AIRM's Board will seek shareholder approval at the 2016 Annual Meeting to adopt a proposal to amend its bylaws to declassify its BoD, so that all directors will be elected annually starting with Class II directors up for re-election at the 2017 meeting. CEO Aaron Todd will again be Class II director and stand for re-election at the 2017 meeting.
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.