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$UNM said Josh Nelson will be joining the company as CFO of its Colonial Life business. Nelson will focus on driving financial results as a key strategic partner to corporate and business leaders at Colonial Life and across Unum Group. Most recently, he served as VP and CFO of regional markets and sales for group, voluntary and worksite of $MET.
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.