Industry News

Lockheed Martin shares stumble. As Lockheed Martin closed on the sale of its information technology division last week, its shares fell 10 percent to a Friday close of $254.12 per share. The company announced last month it would sell its IT systems and services business to Leidos Holdings for $1.8 billion in cash and $2.8 billion in stock."/>
BRIEF: Lockheed shares slide on subdivision sale [The Times-Tribune, Scranton, Pa.]
Facebook page that read in part: "We are getting dangerously close to closing our doors for lack of business. I am asking for your help."/>
Customers answer restaurant's social media SOS [Lewiston Tribune, Idaho]
Business notebook: Patents, 8-21 [The Blade, Toledo, Ohio]
Microsoft has signed its first union contract with their employer, a rare feat in a technology industry typically unfriendly to organized labor. But the deal, sealed after almost two years of contentious talks, comes at a cost. This month more than a third of the union's 33 members, employed by Lionbridge Technologies in Bellevue, were laid off or agreed to leave voluntarily amid the threat of deeper cuts."/>
At Microsoft contractor, union win is a mixed result [The Seattle Times]
Facebook when a picture on one of the horse rescue pages she follows leapt off the screen and touched her heart."/>
Facebook post saves a horse and launches a school project: Take the Reins [Lexington Herald-Leader]
EasyJet. There is no evidence yet of a bid on the cards, but the speculation alone was enough to push shares up for a second consecutive day. While some have suggested US leasing company AerCap could make an offer, others have proposed that a private equity firm could bid up to pounds sterling 16 a share or that founder Stelios Haji-Ioannou might increase his stake."/>
Daily Mail, London, market report column [Daily Mail, London]

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