Henley Group, La Jolla, authorized the repurchase...

Henley Group, La Jolla, authorized the repurchase of up to 10 million shares of its common shares on the open market or in negotiated transactions. Henley has about 129 million common shares outstanding . . . Lockheed won a $1.1-billion addition to a Navy contract for Trident II submarine missiles . . . Piggly Wiggly Southern Inc. reported that it has signed an agreement to be acquired by an investor group that includes management, institutional investors and Riordan Freeman & Spogli, a Los Angeles-based merchant banking firm . . . In a move to curb a surge of imports and help a deteriorating trade balance, Peru’s central bank said it will devalue Peru’s national currency, the inti, by 2.2% each month next year . . . The Investment Company Institute reported that the assets of the nation’s 375 money-market mutual funds fell $1.03 billion in the week ended Dec. 3 . . . People Express Airlines said it will end its service to Brussels in mid-January because of a lack of advanced booking.