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Stock Market & Financial Investment News

News For DYN;PATH;ARB;LIFE;GD From The Last 14 Days
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February 24, 2015
17:02 EDTDYNDynegy reports Q4 net loss $104M vs. $91M last year
Dynegy reported Q4 consolidated Adjusted EBITDA of $67M, compared to $63M last year. Dynegy updated its 2015 guidance target using February 10 price curves. It said, "Given the later than expected acquisition closing dates, Dynegy has revised its 2015 guidance targets to a range of $825 million to $1,025 million in consolidated full year Adjusted EBITDA and $100 million to $300 million in Free Cash Flow, prior to acquisition-related costs and discretionary capital expenditures. Whereas prior guidance estimates assumed a January 1 close, new guidance estimates assume an April 1 close for the pending Duke Midwest, EquiPower and Brayton Point transactions."
February 23, 2015
10:21 EDTGDGeneral Dynamics awarded $415M contract by US Army
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February 19, 2015
07:46 EDTGDAustralia opens bids for $8B armored vehicle defense contract, WSJ says
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February 17, 2015
12:49 EDTGDSpirit AeroSystems likely to collect some funds from Gulfstream,says Wells Fargo
After Spirit AeroSystems (SPR) disclosed in a February 13 regulatory filing that it had settled its dispute with General Dynamics' (GD) Gulfstream unit with respect to amounts due on G650 deliveries from 2010 through Q3 2013, Wells Fargo expects Spirit to collect some of the $135M that it held n retainage in accounts receivable for Gulfstream underpayments as of the end of last year. The firm says it cannot estimate the amount that Spirit will collect. It keeps an Outperform rating on Spirit.
10:01 EDTGDGeneral Dynamics awarded $50M for Abrams tank production
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