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$JWN said that it has appointed Gordon Smith, CEO of Consumer & Community Banking of $JPM to the company's Board of Directors. The addition of Gordon brings the total number of directors to 15 and the number of independent directors to 12. Gordon will join the Compensation, Corporate Governance and Nominating Committees.
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.