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The U.S Air Force has awarded $RTN $4.8MM to continue the Counter-Electronics High Power Microwave Advanced Missile, known as CHAMP, aboard the Conventional Air-Launched Cruise Missile. Raytheon Missile Systems Ktech will refurbish the CHAMP payload and a pair of CALCMs and deliver them to the Air Force Research Laboratory.
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.