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$FE Management Update: Jersey Central Power & Light, a subsidiary of FirstEnergy, has named John Meehan to serve as area manager for portions of Monmouth and Ocean counties and his office is located in Lakewood. Meehan spent the last four years working in the New Jersey governor's office.
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.