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Stock Market & Financial Investment News

News Breaks
February 19, 2014
07:53 EDTLDOSLeidos CEO John Jumper retiring
Leidos CEO John Jumper will retire as CEO, beginning a planned leadership transition over the next several months. The company's board of directors has launched a process to select a successor. The comprehensive search will evaluate both internal and external candidates. Jumper will continue as CEO until a successor is appointed. He will remain the chairman of the board following the transition.
News For LDOS From The Last 14 Days
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December 12, 2014
10:01 EDTLDOSOn The Fly: Analyst Initiation Summary
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06:17 EDTLDOSLeidos initiated with a Buy at Citigroup
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December 11, 2014
16:13 EDTLDOSLeidos awarded $!1M contract by U.S. Army
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07:52 EDTLDOSLeidos awarded $37M contract by U.S. Army
Leidos was awarded a prime contract by U.S. Army Space and Missile Defense Command/Army Forces Strategic Command and support of the U.S. Army Aviation and Missile Research Development and Engineering Center effort. The single-award firm-fixed-price, level-of-effort has a one-year based period of performance and a total contract value of approximately $37M.
December 4, 2014
07:57 EDTLDOSLeidos price target raised to $54 from $50 at Cowen
Cowen raised its price target on Leidos to $54 from $50 citing the company's robust free cash flow, dividend yield, business strategy, and valuation. Cowen reiterated its Outperform rating on Leidos shares.
07:51 EDTLDOSLeidos awarded $49M contract by Air Force Research Laboratory
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