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$LECO's unit Lincoln Electric Co. said it promoted Michele Kuhrt to EVP and Chief Information Officer (CIO), effective July 1, 2016. As CIO, Kuhrt will have oversight of enterprise information technology (IT) systems and will be responsible for managing a global team and a broad range of global IT initiatives.
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.