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$LMT said it has received a $302.2MM Lot 14 contract from the U.S. Air Force for continued production of the Joint Air-to-Surface Standoff Missile (JASSM) & its Extended Range (ER) version. The contract includes 146 baseline JASSMs for U.S. & international partners, 140 JASSM-ER missiles for the U.S., as well as data, tooling & test equipment.
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.