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$PSX's BoD elected Denise Ramos and Gary Adams to serve as independent directors. This increases total number of $PSX's directors to 10. Ramos will serve on Audit and Finance Committee, the Nominating and Governance Committee and Public Policy Committee. Adams will serve on Human Resources and Compensation Committee and Public Policy Committee.
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.