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Stock Market & Financial Investment News

News Breaks
March 10, 2014
07:53 EDTLDOSLeidos awarded contract by Naval Medical Logistics Command
Leidos was awarded a contract, Behavioral Epidemiology Assessment Research, by the Naval Medical Logistics Command to provide research services for multiple behavioral health and epidemiology projects that support the Naval Health Research Center's Behavioral Sciences and Epidemiology Department. The single-award cost-plus fixed-fee contract has a one-year base period of performance, four one-year options and a total contract value of approximately $7.3M, if all options are exercised. Work will be performed primarily in San Diego, California.
News For LDOS From The Last 14 Days
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September 22, 2014
16:08 EDTLDOSLeidos awarded $14M contract by Naval Medical Logistics Command
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September 15, 2014
17:38 EDTLDOSLeidos awarded $150.1M government contract modification
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September 12, 2014
12:25 EDTLDOSLeidos management to meet with Jefferies
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September 9, 2014
12:10 EDTLDOSOn The Fly: Midday Wrap
Stocks on Wall Street were lower at midday after opening in the red and trading in a narrow range throughout the morning. The domestic economic calendar only had two reports of consequence, and neither was particularly market moving. All eyes are on Cupertino, California, where Apple (AAPL) will shortly begin its much-anticipated product launch event. ECONOMIC EVENTS: In the U.S., the NFIB small business optimism survey for August came in at 96.1, which was above the expected 96.0 reading. The Job Openings and Labor Turnover Survey, or JOLTS report, showed job openings slipped 2K to about 4.67M in July. COMPANY NEWS: Shares of Apple were up 1% near noon ahead of the tech giant's latest product launch event, which is scheduled to begin at 1 pm ET. Expectations are for the company to introduce the iPhone 6, which has widely been speculated to be bigger than past members of the line-up and may come in 4.7 inch and 5.5 inch sizes. The company is also expected to unveil a wearable device, likely a smartwatch, and a mobile payment system integrated with both... Shares of fast food giant McDonald’s (MCD) slid 1% after reporting its comparable sales were down 3.7% worldwide in August and that its China supplier issue will negatively impact its Q3 EPS by 15c-20c. MAJOR MOVERS: Among the notable gainers was Annies (BNNY), which surged 38% after prepared foods giant General Mills (GIS) last night said that it had agreed to buy the mac and cheese maker for $820M, or $46 per share in cash. Shares of a number of other natural food makers climbed after the deal, as WhiteWave (WWAV) rose nearly 3% and Boulder Brands (BDBD) jumped over 8%. Following the deal announcement, shares of General Mills slipped about 0.5%. Among the noteworthy losers was Leidos (LDOS), which dropped 15% after the company reported lower than expected second quarter earnings and cuts its EPS view for the fiscal year. Also lower was MaxLinear (MXL), which fell 15% after the company said several of its cable and satellite customers have requested push-outs of shipments, resulting in the company lowering its Q3 revenue outlook and Needham downgrading the stock to Buy from Strong Buy. INDEXES: Near midday, the Dow was down 69.02, or 0.4%, to 17,042.40, the Nasdaq was down 14.93, or 0.33%, to 4,577.35, and the S&P 500 was down 6.74, or 0.34%, to 1,994.80.
11:58 EDTLDOSLeidos hits 52-week low as company cuts FY15 profit outlook
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11:16 EDTLDOSLeidos weakness likely due to uncertainty over cash return, says Wells Fargo
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06:03 EDTLDOSLeidos lowers FY15 EPS view to $2.10-$2.30 from $2.35-$2.55, consensus $2.47
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06:01 EDTLDOSLeidos reports Q2 EPS 61c, consensus 62c
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