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$LMT expects sales in 2016 to be comparable to the current outlook for 2015, but is driven mainly by Aeronautics and Information Systems & Global Solutions (IS&GS) moving in opposite directions. Aeronautics is expected to grow at a high single-digit rate over 2015 and IS&GS is expected to decline in 2016 by an even greater rate.
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.