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Financial services company $SEIC said it appointed Tom Reimer as Director of Institutional Sales for SEI's Institutional Group, and Michael Theodor as Director of Business Development for the Asset Management Distribution unit. Both of them will play a key role in expanding services available to Canadian investors.
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.