Want to join the conversation?
$TXT's unit Textron Specialized Vehicles Inc. has acquired, through its Swedish affiliate, Textron Sweden AB, the assets of Safeaero i Trelleborg AB, a Swedish manufacturer of premium de-icers for the aviation industry. Going forward, Safeaero's business will operate as part of Textron Specialized Vehicles's Ground Support Equipment business.
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.