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News Breaks
January 6, 2014
06:57 EDTCOLRockwell Collins added to short-term buy list at Deutsche Bank
News For COL From The Last 14 Days
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November 20, 2015
07:30 EDTCOLUBS to hold a conference
Industrials & Transportation Conference is being held in Boca Raton, FL on November 18-20 with webcasted company presentations to begin on November 20 at 8 am; not all company presentations may be webcasted. Webcast Link
November 18, 2015
08:07 EDTCOLViaSat and Rockwell Collins partner for in-flight connectivity
ViaSat (VSAT) is working with Rockwell Collins (COL) to integrate the ViaSat VMT-1500 terminal and its global Ku-band internet service with Rockwell Collins' eRouter smart cabin routers and its ARINCDirect flight support services. ViaSat's global Ku-band in-flight technology and internet service allows those on board to send and receive emails, establish VPN connections, watch streaming video and participate in video conferencing and Voice over Internet Protocol phone calls with the ADConnect VoIP app for iOS and Android.
November 16, 2015
07:46 EDTCOLRockwell Collins named a top three pick at Cowen
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November 13, 2015
17:20 EDTCOLRockwell Collins: Q1 estimated charge raised to 18c-24c from 10c-15c per share
As contemplated in the Company's September 18 earnings guidance press release for its 2016 fiscal year, in October 2015 the Company initiated certain restructuring actions primarily as a result of continued weakness in the business aviation market. The Company offered certain eligible U.S. employees an opportunity to receive a separation benefit if they elected between October 5, 2015 and November 9, 2015 to voluntarily terminate their employment on or before December 18, 2015. The voluntary elections became irrevocable on November 9, 2015 and 468 employees elected to participate. As a result of these elections and other restructuring actions, the Company expects to record a pre-tax restructuring charge in the first quarter of its 2016 fiscal year in the range of $35M-$45M primarily consisting of employee severance costs. The estimated charge increased from a range of 10-15 cents per share that was included in the Company's earnings guidance on September 18, 2015 to a range of 18c-24c of earnings per share primarily due to a higher than expected number of employees electing the voluntary separation benefit.

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