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Provider of engineering services to OEMs $BHE said that Paul J. Tufano is named as an Independent Director to the company's Board of Directors, effective immediately. The company also announced the retirement of Peter G. Dorflinger from the Board and has elected David Scheible as Non-Executive Chairman of the Board, effective immediately.
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.