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$LMT said it completed the separation of its Information Systems & Global Solutions (IS&GS) business segment and merged it with a subsidiary of $LDOS. The transaction concludes $LMT's portfolio reshaping strategy announced last year, the company said.
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.