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Banking company $STI said Kenneth Carrig, Chief Human Resources Officer, will retire from the company at year-end. Margaret Callihan, currently Chair, President and CEO of $STI in South Florida, will succeed Mr. Carrig, effective August 1. Manny Perdomo, currently Senior Commercial Credit Risk Manager for SunTrust Bank will succeed Ms. Callihan.
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.