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$LSCC said that it has appointed Brian Beattie to its BoD and Audit Committee. Mr. Beattie brings to the Board more than 35 years' experience in finance, business operations, IT, corporate development and strategy. Mr. Beattie is currently EVP, Business Operations, and Chief Administrative Officer of $SNPS.
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.