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LMI Aerospace, Inc. Announces New Chief Operating Officer
Friday, August 1, 2014 - 3:11pm | 388Read More...LMI Aerospace, Inc. (Nasdaq: LMIA), a leading provider of design engineering services and supplier of structural assemblies, kits and components to the aerospace and defense markets, today announced that Joseph DeMartino has been named Chief Operating Officer, effective July 31. "I am thrilled to...
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UPDATE: Lockheed Martin Posts Upbeat Q2 Earnings, Lifts 2014 Forecast
Tuesday, July 22, 2014 - 6:59am | 225Read More...Lockheed Martin (NYSE: LMT) reported a 3.5% gain in its second-quarter profit and lifted its 2014 earnings forecast. Lockheed Martin's quarterly profit surged to $889 million, versus a year-ago profit of $859 million. Its earnings per share rose to $2.76 from $2.64. The recent quarter net earnings...
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Earnings Scheduled For July 22, 2014
Tuesday, July 22, 2014 - 4:19am | 958Read More...The Coca-Cola Company (NYSE: KO) is projected to report its Q2 earnings at $0.63 per share on revenue of $12.83 billion. McDonald's (NYSE: MCD) is estimated to report its Q2 earnings at $1.44 per share on revenue of $7.29 billion. Microsoft (NASDAQ: MSFT) is projected to post its Q4 earnings at $0....
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Lockheed Martin on Team to Provide Mission Planning Support to the International Space Station
Monday, July 21, 2014 - 8:30am | 240Read More...As part of an SGT, Inc.-led team, Lockheed Martin (NYSE: LMT) will provide mission and flight crew operations support to NASA for the International Space Station (ISS) and future human space exploration. These support services within the Integrated Mission Operations Contract II (IMOC II) are...
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Lockheed Martin To Freeze Pension Plan For U.S.-Based Salaried Employees
Tuesday, July 1, 2014 - 7:33am | 261Read More...Lockheed Martin (NYSE: LMT) announced today that it will freeze its salaried defined benefit pension plan and transition employees to an enhanced defined contribution retirement plan. The change will take effect in a two-step approach, beginning on January 1, 2016 with the freeze of pay-based...
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Morning Market Movers
Thursday, May 29, 2014 - 8:38am | 301Read More...xG Technology (NASDAQ: XGTI) jumped 70% to $2.89 after the company announced a new patent award for interference mitigation techniques. Astrotech (NASDAQ: ASTC) jumped 29.02% to $2.89 after Lockheed Martin (NYSE: LMT) announced its plans to buy Astrotech space operations business from Astrotech...
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L-3 Announces Conversion Rate Adjustment for Its 3% Convertible Contingent Debt Securities ("CODES") Due 2035
Monday, May 19, 2014 - 7:30am | 360Read More...L-3 Communications Holdings, Inc. (the “Company”) (NYSE: LLL) announced today that it has adjusted the conversion rate for its 3% Convertible Contingent Debt Securities (the “CODES”) due 2035 (CUSIP Numbers: 502413AW7 and 502424AE4; ISIN Numbers: US502413AW73 and US502424AE49) (the “Securities”) in...
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Benzinga's Top Upgrades
Thursday, May 15, 2014 - 6:41am | 139Read More...Analysts at Bank of America upgraded L-3 Communications Holdings (NYSE: LLL) from “underperform” to “buy.” The target price for L-3 Communications has been raised from $117 to $146. L-3 Communications' shares closed at $117.35 yesterday. Goldman Sachs upgraded Range Resources (NYSE: RRC) from “...
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Benzinga's Top Upgrades
Monday, May 5, 2014 - 6:35am | 145Read More...Analysts at Bank of America upgraded Informatica (NASDAQ: INFA) from “underperform” to “neutral.” The target price for Informatica is set to $37. Informatica's shares closed at $35.91 on Friday. Bernstein upgraded Oracle (NYSE: ORCL) from “market perform” to “outperform.” The target price for...
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Lockheed Announces Three Acquired Systems Move from R&D Phase to Operational Readiness
Tuesday, April 29, 2014 - 12:01pm | 416Read More...Three systems acquired by Lockheed Martin (NYSE: LMT) have progressed from their research and development phase to operational readiness. The Indago vertical take-off and landing (VTOL) quad-rotor, accompanied by its handheld ground control station (GCS) will offer a robust, mobile surveillance...
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UPDATE: Lockheed Martin Posts Rise In Q1 Profit, Raises 2014 Forecast
Tuesday, April 22, 2014 - 6:53am | 64Read More...Lockheed Martin (NYSE: LMT) reported a gain in its first-quarter profit and lifted its 2014 earnings forecast. Lockheed Martin's quarterly profit surged to $933 million, versus a year-ago profit of $761 million. Its per-share earnings rose to $2.87 versus $2.33. Its sales fell to $10.65 billion...
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US Stock Futures Edge Higher Ahead Of McDonald's Earnings
Tuesday, April 22, 2014 - 6:31am | 480Read More...Pre-open movers US stock futures gained in early pre-market trade, ahead of earnings from McDonald's (NYSE: MCD) and Lockheed Martin (NYSE: LMT). The FHFA house price index for February will be released at 9:00 a.m. ET, while existing home sales data for March and the Richmond Fed manufacturing...
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Earnings Scheduled For April 22, 2014
Tuesday, April 22, 2014 - 4:14am | 808Read More...Harley-Davidson (NYSE: HOG) is projected to report its Q1 earnings at $1.08 per share on revenue of $1.53 billion. Lockheed Martin (NYSE: LMT) is estimated to report its Q1 earnings at $2.53 per share on revenue of $10.89 billion. AT&T (NYSE: T) is projected to post its Q1 earnings at $0.70...
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Stocks To Watch For April 22, 2014
Tuesday, April 22, 2014 - 3:17am | 236Read More...Some of the stocks that may grab investor focus today are: Wall Street expects McDonald's (NYSE: MCD) to report its Q1 earnings at $1.24 per share on revenue of $6.73 billion. McDonald's shares gained 0.58% to $100.25 in after-hours trading. Analysts are expecting Yum! Brands (NYSE: YUM) to have...
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Morning Market Losers
Monday, March 17, 2014 - 8:45am | 228Read More...VeriSign (NASDAQ: VRSN) dipped 9.77% to $49.49 after Cowen & Company downgraded the stock from Outperform to Market Perform and cut the price target from $63.00 to $49.00. LMI Aerospace (NASDAQ: LMIA) shares fell 9.75% to $13.52 after the company suspended its annual forecast and withdrew its...
