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Specialty minerals products maker $ICL said its BoD has appointed Asher Grinbaum, most recently EVP and COO, as Interim CEO of the company, effective immediately. Grinbaum replaces Stefan Borgas who resigned as CEO and a member of $ICL's BoD.
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.