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Home fixtures and hardware maker $FBHS said it has created a new Global Plumbing Group (GPG) as a first step to accelerate growth opportunities and transform its plumbing business. Company has named its Global Growth & Development team leader, Nicholas Fink, as President of GPG.
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.