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Energy company $ESV said it named Jon Baksht as CFO, succeeding Jay Swent, who will retire at the end of the year. Baksht previously held the positions of VP, Finance and VP, Treasurer at $ESV. The supply chain and information services division will report to Swent in the near term until a new reporting structure is announced, $ESV said.
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.