Advertisement

Also

Share

* Raytheon Co. won a $55.7-million contract for 189 air-launched cruise missiles, an award that may lead to orders for as many as 3,000, the Navy said.

* Martha Stewart’s former stockbroker will report to prison early, but will continue to appeal his conviction for lying to investigators, his lawyer said. Peter Bacanovic will begin serving a five-month sentence on Jan. 18.

* Dutch food retailer Royal Ahold agreed to sell two of its U.S. supermarket chains, Bi-Lo and Bruno’s Supermarkets Inc., to Dallas-based Lone Star Funds for as much as $660 million in cash to pay down debt.

Advertisement
Advertisement