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$WGO said it has appointed Michael Happe as its President & CEO and a member of its Board, effective Jan. 18, 2016. Michael will succeed outgoing interim CEO, Larry Erickson. Larry will continue to remain Chairman of the company's Board. Before joining $WGO, Michael was with $TTC as Group Vice President, Residential & Contractor Businesses.
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.