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$LMT said it is exploring options to bring its weapons integration expertise to bear on the European-built S-70 BLACK HAWK helicopters made by Sikorsky, a $LMT company. The goal is to produce an armed kit scalable to the requirements of customers that procure International BLACK HAWK aircraft direct from $LMT.
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.