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$RCII said it promoted Jim York to EVP, RTO domestic operations. Reporting to CEO Robert Davis, York is now charged with oversight of the company's stores located throughout the United States, Canada and Puerto Rico. Most recently, York was divisional president of Rent-A-Center with oversight for about 615 stores.
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.