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$RTN said that the US Army Research Laboratory has entered into a collaborative alliance via a $1.1MM grant with the company to develop Scalable, Agile, Multimode, Front End Technology, or SAMFET, for the Army's Next Generation Radar program. This grant will bring game-changing gallium nitride technology to more military radars.
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.