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$MRCY said that it received a contract worth $4.7MM from a U.S. government facility for advanced digital transceivers for an electronic warfare application. The order was booked in $MRCY's 4Q16 and is expected to be shipped over the next several quarters.
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.