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$GD said that Firat H. Gezen has been elected VP of the corporation and appointed as President of General Dynamics Ordnance and Tactical Systems, effective May 1, 2016, following the retirement of Michael S. Wilson. Gezen will report to Mark C. Roualet, EVP of the company's Combat Systems group.
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.