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Textron Systems part of $TXT promoted Brian Sinkiewicz to SVP and GM of its Weapon & Sensor Systems business. In this role, Brian sets the strategic path for the Weapon & Sensor Systems business, supervises development of new products and oversees the execution of customer programs. Brian will report to Ellen Lord, CEO.
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.