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$AA said that succeeding Karl Tragl as Group President of TCS is Tim Myers, currently President of Alcoa Wheel and Transportation Products (AWTP). In this new role, Myers' responsibilities will include oversight of AWTP and Alcoa Building & Construction Systems, both leaders in innovating aluminum solutions within their respective markets.
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.