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$PLXS has promoted Steve Frisch to EVP and COO. With his promotion, Mr. Frisch assumes responsibilities for the company's global manufacturing and engineering operations, go-to-market, supply chain, and quality functions. Since 2014, Frisch served as EVP and Chief Customer Officer.
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.