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Bell Helicopter, part of $TXT has named Mitch Snyder as its new President and CEO, succeeding John Garrison, who is leaving to become the new President and CEO of $TEX. Snyder has been with Bell Helicopter since 2004. Prior to joining Bell, Snyder served for $LMT's engineering, business & manufacturing areas in senior leadership positions.
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.