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$LVLT appointed Andrew Dugan as Chief Technology Officer (CTO), and Atilla Tinic as Chief Information Officer, effective immediately. As CTO, Dugan will continue to lead $LVLT's Global Technology Organization. Tinic has responsibility for global IT organization and its critical role in innovating services for customers.
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.