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Dallas, Texas-based $HEP said its BoD appointed Mark Plake as President of Holly Logistic Services (HLS), the general partner of $HEP, effective February 15, 2016. Plake will replace Mike Jennings who will resign as President of HLS, but will continue to serve as CEO and Director of HLS and Executive Chairman of $HFC.
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.