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Stock Market & Financial Investment News

News Breaks
February 25, 2013
15:41 EDTCOLRockwell Collins selected to provide rudder/brake pedal assembly for A350 XWB
Rockwell Collins (COL) announced that it has been selected by Airbus to provide the rudder/brake pedal assembly for the A350 XWB family of aircraft. "This win tops off a comprehensive suite of offerings for the A350 XWB, which represents the most content we've ever had on an Airbus platform," said Kent Statler, executive vice president and chief operating officer, Commercial Systems for Rockwell Collins. "Airbus's confidence in us to design, produce and implement innovative solutions for this new-generation aircraft was a key factor in this latest award." The previously announced Rockwell Collins-supplied products and solutions for the A350 XWB, including the aircraft's communications, information management, landing and navigation systems, are valued at $2.5B over the life of the program. More than 600 A350 XWBs have been ordered by airlines throughout the world.
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April 17, 2014
07:32 EDTCOLRockwell Collins updates FY14 EPS view to $4.40-$4.55 from $4.35-$4.55
Consensus is $4.45. Guidance has been updated due to lower than previously estimated intangible asset amortization expense for ARINC. Still sees FY14 total sales $4.95B-$5.05B, consensus $5.02B, CapEx about $160M, income tax rate about 30%.
07:31 EDTCOLRockwell Collins reports Q2 EPS $1.08, consensus $1.07
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