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Quick-service hamburger company $WEN said Gunther Plosch, most recently VP of Global Business Services at $K, will join the company on May 2, 2016 as CFO. Plosch's appointment is as per previously announced succession plan for current CEO Emil Brolick, who will retire at the Annual Meeting of Stockholders on May 26, 2016.
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.