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$HRS said that it received a contract worth $66MM to provide Falcon III wideband tactical radios and accessories to Middle East nation. The order is part of an initiative to transition from conventional voice radios to high-bandwidth tactical communication systems. Additional contract details including the delivery schedule remain undisclosed.
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.