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$AWK said it has appointed Deborah Dewey as president of Indiana American Water and Michigan American Water effective June 20, 2016. Dewey is replacing Deron Allen, who has decided to leave $AWK. Dewey most recently served as the vice president of Operations for Indiana American Water.
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.