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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:36 EDTDCO, COL, XLS, AYR, NOCRBC Capital to hold a conference
Aerospace & Defense Investor Day to be held in New York on May14-15.
News For AYR;COL;NOC;XLS;DCO From The Last 14 Days
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May 22, 2015
09:21 EDTXLSExelis shareholders approve acquisition by Harris
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09:04 EDTXLSExelis says DHS, Coast Guard to trial eLORAN
Exelis, UrsaNav, the Department of Homeland Security’s Science and Technology Directorate and the U.S. Coast Guard have entered into a cooperative research and development agreement for testing and demonstration at former LORAN-C sites. These sites are the legacy ground-based radio navigation infrastructure of the decommissioned LORAN-C service that could be retained and upgraded to provide eLORAN low frequency service. The team will evaluate eLORAN as a potential complementary system to the current Global Positioning System currently in wide use throughout the United States. The capabilities and potential utilization methods of eLORAN will be explored in depth to identify all strengths, capacities, and potential vulnerabilities of the technology.
May 21, 2015
12:20 EDTXLSExelis to host special shareholder meeting
Special shareholder meeting to approve the merger agreement with Harris Corporation will be held in McLean, Virginia on May 22 at 9 am.
May 20, 2015
11:45 EDTXLSExelis, Leidos selected for five-year DARPA ARC subcontract
Exelis (XLS) and Leidos (LDOS) have been selected to continue to evolve advanced technology development for the Defense Advanced Research Projects Agency's Adaptive Radar Countermeasures program. The five-year subcontract from Leidos could be worth up to $15.6M if all options are exercised. During this second phase of the program, Exelis will demonstrate the Leidos software-based algorithms with Exelis electronic warfare hardware in the loop test environment, showcasing an enhanced capability to electronically defend against emerging radar threats. The ARC program will enable U.S. airborne EW systems to detect and adaptively counter radar systems whose waveforms and behaviors are new, unknown or ambiguous.
07:01 EDTNOCNorthrop Grumman increases quarterly dividend by 14% to 80c
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May 19, 2015
07:01 EDTDCODucommun receives multiyear contracts from Gulfstream
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May 18, 2015
14:03 EDTNOCNorthrop Grumman says U.S. Navy approves use of VMS in nuclear submarines
Northrop Grumman reports that the U.S. Navy has approved the use of the company's voyage management system 9.3 onboard SSN and SSGN nuclear powered submarines. The VMS software will be installed on 55 SSNs and four SSGNs. Installations have already begun and will be completed by the end of 2016.
07:46 EDTXLSExelis achieves factory acceptance testing for Aireon's ADS-B system
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May 13, 2015
07:10 EDTDCOB. Riley to hold a conference
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May 12, 2015
16:08 EDTDCODucommun announces additional headcount reductions
The company said, "We are very disappointed in our 2015 first quarter financial and operational performance and are taking swift action to resolve or mitigate the factors that impeded our execution during the quarter. The lost revenue from the decline in our military and space business, particularly in our AeroStructures operating segment, caused us to incur higher relative indirect costs at a faster rate than we were able to offset with our cost reduction initiatives. This, coupled with production inefficiencies in certain legacy programs and one-time development costs related to new technology applications, adversely impacted our gross margin. To address these issues, we are working on specific plans to lower operating costs and improve profitability, including additional headcount reductions, where appropriate."
16:07 EDTDCODucommun reports Q1 EPS (18c), consensus 30c
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15:00 EDTDCONotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include McKesson (MCK), consensus $2.75... Zillow (Z), consensus (12c)... GoDaddy (GDDY), consensus 35c... RSP Permian (RSPP), consensus 17c... Parsley Energy (PE), consensus 0c... Vivint Solar (VSLR), consensus (38c)... New Relic (NEWR), consensus (25c)... Hortonworks (HDP), consensus (86c)... SunOpta (STKL), consensus 7c... OPOWER (OPWR), consensus (16c)... JP Energy Partners (JPEP), consensus (4c)... TubeMogul (TUBE), consensus (18c)... Ducommun (DCO), consensus 30c.
08:07 EDTNOCNorthrop Grumman wins contract to provide forensic, biometric capability in UK
Northrop Grumman has been awarded a GBP 28.8M contract by the United Kingdom Home Office to provide service and systems operations and maintenance to the Forensic and Biometric Interim Capability, otherwise known as FABrIC. Under the two-year FABrIC contract, a recompete of IDENT1, Northrop Grumman will maintain and enhance the IDENT1 core software. IDENT1 provides identity management and crime scene forensic systems, which use fingerprints to provide the principal means of forensically verifying or resolving identities in the United Kingdom for law enforcement. It is a bespoke service that is a critical part of the national infrastructure for policing.

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