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Textron Systems Unmanned Systems, a business unit of $TXT, said that it has received a $116.5MM award from the U.S. Army for an additional 24 RQ-7B V2 Shadow Tactical Unmanned Aircraft System (TUAS) upgrades, an all-digital, modern system, optimized for new multi-mission. The 24 systems are expected to be delivered beginning 2018.
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.