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Aerospace and defense technology company $OA said it entered into a long-term aerospace supply agreement with FLY S.p.A. of Italy, a division of the Forgital Group. Under the $68MM agreement, FLY will provide metallic case components through 2026 for the Rolls-Royce Trent XWB-84k engine that powers the Airbus A350-900.
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.