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Stock Market & Financial Investment News

News For HXL;CACI;BA;CRS;COL;RTI;LMT;CAE;ATI;ERJ;BEAV;XLS;LLL From The Last 14 Days
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September 29, 2014
16:13 EDTLMTLockheed Martin upgraded to Buy from Hold at Stifel
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September 28, 2014
12:30 EDTXLSExelis successfully completes spin-off of Vectrus
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September 26, 2014
18:01 EDTLMTLockheed Martin awarded $413.2M government contract modification
Lockheed Martin Corp., Marietta, Georgia, has been awarded a $413,158,693 definitization to previously awarded undefinitized contract FA8625-11-C-6597. The contract is for advance procurement funding action and subsuming the advance procurement effort into full production efforts for the purchase of one HC-130J aircraft and six MC-130J aircraft. Work will be performed at Marietta, Georgia, and is expected to be completed by Nov. 30, 2015. Fiscal 2012 and 2013 aircraft procurement funds in the amount of $413,158,693 are being obligated at the time of award. Air Force Life Cycle Management Center, Wright-Patterson Air Force Base, Ohio, is the contracting activity.
17:58 EDTBABoeing awarded $499.14M government contract
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11:56 EDTLLLL-3 Communications discloses accounting revisions, lowers Aerospace guidance
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10:58 EDTBAAir Berlin cancels $5B order with Boeing
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07:14 EDTCRSCarpenter Technology price target lowered to $57 from $69 at Credit Suisse
Credit Suisse lowered Carpenter Technology's price target to $57 following the negative Q1 pre-announcement. The firm believes shares now are near a floor and maintains its Outperform rating.
07:06 EDTBAFAA proposes 787 operators to replace parts near battery, Reuters says
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06:47 EDTLMTFAA drone decision could be milestone, NY Times says
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September 25, 2014
17:25 EDTLMTLockheed Martin awarded $331.41M government contract modification
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13:02 EDTLMTLockheed Martin raises quarterly dividend 13% to $1.50 per share
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13:01 EDTLMTLockheed Martin raises share repurchase authorization by $2B
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10:06 EDTCRSOn The Fly: Analyst Downgrade Summary
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08:07 EDTCRSCarpenter Technology downgraded to Neutral from Buy at Buckingham
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07:06 EDTBADucommun wins contract to produce spoilers for Boeing 737 MAX
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05:10 EDTBABoeing delivers first 777-300ER to China Eastern Airlines
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September 24, 2014
17:10 EDTBABoeing awarded $102M government contract
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17:06 EDTLMTLockheed Martin awarded $274.8M government contract modification
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11:30 EDTLMT, BAAAR Corp. plummets after results miss estimates, outlook lowered
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08:56 EDTCRSCarpenter Technology sees SAO issues negatively impacting Q1 earnings
Carpenter Technology announced that cost, output, and mix issues at its Specialty Alloys Operations, or SAO, locations in Reading and Latrobe, PA will negatively impact the company's Q1 earnings. In July and August, the Reading mill experienced unanticipated startup issues after scheduled summer shutdowns. In addition, earlier this month, the Latrobe location had an unplanned outage due to a cracked dome on its primary press. As a result, SAO experienced higher labor costs, increased maintenance/supply expenses and reduced output levels. While Carpenter's facility in Athens, AL continues to make progress in terms of increasing the number of customer approvals, it was only able to offset a limited portion of the lost Reading and Latrobe output. As a result, while customer demand remains high, SAO will sell less premium product in the quarter than anticipated, which will negatively impact overall segment mix.
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