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Foodservice retailer $MCD also announced that Doug Goare, in addition to being the President of International Lead Markets, will take on the role of Chief Restaurant Officer, overseeing some business functions managed by Pete Bensen who is retiring in Sept.
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.