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$WHR promoted Marc Bitzer to President and COO, effective immediately. In this new role, Bitzer will be responsible for all global operations. Bitzer has also been appointed to $WHR's BoD. $WHR also announced Vice Chairman Michael Todman will begin his planned retirement at end of year after 22 years of service.
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.