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$WERN said Marty Nordlund was promoted to Senior EVP and COO. Nordlund was previously Senior EVP of Specialized Services. Jim Schelble was promoted to EVP and CAO. Schelble was previously EVP of Marketing and Driver Resources. Gerald H. Timmerman was elected as a company director to fill an open position, effective May 10.
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.