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$BRKL said Russell Cole, President & CEO of its North Shore subsidiary, First Ipswich Bank, will retire to attend to family matters. Cole, who for the past 10 years has been at the helm of First Ipswich Bank, will step down effective Oct. 1. James McCarthy of Middleton has been appointed to replace Cole.
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.