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$CR said its BoD elected Peter Scannell as a Director, effective Dec. 7. Scannell founded Rockwood Service Corp. in 1990 and has been its CEO since that time. Scannell also founded and continues as Chairman of the Board of Kane Holding Companies, Erie, PA.
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.