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Stock Market & Financial Investment News

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January 23, 2014
08:49 EDTCOLRockwell Collins upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Rockwell Collins following the company's Q1 results and raised its price target for shares to $95 from $82.
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July 25, 2014
18:02 EDTCOLRockwell Collins sells military ground-based satellite communications business
Rockwell Collins announced it has completed the sale of its satellite communications business. The business, which designs, manufactures and services ground-based satellite communication systems primarily for military customers, will be renamed DataPath, Inc. The sale includes operations in Duluth, Georgia, and Stockholm, Sweden, and includes approximately 365 employees.
July 22, 2014
07:36 EDTCOLRockwell Collins now sees FY14 EPS $4.45-$4.55, consensus $4.50
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07:34 EDTCOLRockwell Collins to sell satellite communications systems business
The company announced it entered into an agreement to sell its satellite communications systems business formerly known as Datapath, which designs, manufactures and services ground-based satellite communication systems primarily for military customers. The sale is subject to customary closing conditions and is expected to close in the fourth quarter of fiscal 2014.
07:33 EDTCOLRockwell Collins reports Q3 continuing ops EPS $1.19 consensus $1.17
Reports Q3 revenue $1.26B, consensus $1.3B.

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