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Medical devices company $CYNO said Stephen J. Webber will join the company on October 10, 2016 as EVP. Mr. Webber will then become CFO and Chief Accounting Officer effective upon the filing of $CYNO's Form 10-Q in November. He will succeed Timothy W. Baker, who will be retiring from the company.
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.