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$RTN said that R&D reached 3% of sales in 2015, and the company is expecting a similar level in 2016. Strong demand from global customers drove 2015 bookings of $25.2Bil, up 5% vs. 2Q14. Domestic bookings were strong with book-to-bill ratio of 1.04, while International book-to-bill ratio was 1.19, comprising 34% of total bookings for 2015.
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.