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News Breaks
10:16 EDTLLL
theflyonthewall.com: L-3 Comm awarded $76.6M contract by University of Washington
L-3 Communications announced that its MariPro division has been awarded a $76.6M contract by the University of Washington. The company will design, build and install the Regional Scale Nodes component of the National Science Foundation's Ocean Observatories Initiative. The cabled ocean observing system will be located on the Juan de Fuca Plate off the Washington and Oregon coasts. :theflyonthewall.com



News For LLL From The Last 14 Days
Check below for free stories on LLL the last two weeks.
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February 3, 2010
12:00 EDTLLL
theflyonthewall.com: Pentagon would like competition for new aerial refueling tankers, Reuters says
U.S. Defense Secretary Gates said that the Pentagon would like a competition for a new aerial refueling tankers. At the same time, he says the process will move forward "even if there is only one bidder," Reuters reports. :theflyonthewall.com

February 2, 2010
15:38 EDTLLL
theflyonthewall.com: L-3 Comm increases dividend 14% to 40c from 35c per share

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February 1, 2010
12:42 EDTLLL
theflyonthewall.com: Obama kills NASA shuttle, lunar plans, Fox News reports
The Obama administration is canceling NASA's current space shuttle replacement- and lunar exploration-plan and is prepared to fight any congressional effort to save it, Fox News reports. Their plan is to kill NASA's Constellation program, a five-year-old effort to replace the aging space shuttle fleet with new rockets and spacecraft with the intent to return astronauts to the moon. Reference Link :theflyonthewall.com

January 28, 2010
16:43 EDTLLL
theflyonthewall.com: Analogic announces agreement with L-3 Comm to upgrade entire EDS line

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11:34 EDTLLL
theflyonthewall.com: L-3 Comm sees Q1 EPS $1.75, sales of $3.7B, Bloomberg reports

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07:26 EDTLLL
theflyonthewall.com: L-3 Comm raises FY10 EPS guidance to $8-$8.20 from $7.85-$8.05

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07:25 EDTLLL
theflyonthewall.com: L-3 Comm raises FY10 guidance

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07:25 EDTLLL
theflyonthewall.com: L-3 Comm reports Q4 EPS $1.93 vs. consensus of $1.86

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January 27, 2010
16:43 EDTLLL
theflyonthewall.com: On The Fly: U.S. Market Wrap-Up for Wednesday 1/27
The markets opened slightly lower but quickly advanced into positive territory. The move, however, was short-lived. After a disappointing new home sales report brought out the sellers, the markets drifted lower. Once they crossed back into negative territory, the selling accelerated until each of the major indices was lower by at least 0.50%. The averages sat in a narrow range until the release of the FOMC rate decision. The knee jerk reaction was to sell on the news, but the averages quickly reversed and pushed into positive territory by the close…The Dow rose 41.87 to 10,236.16, the S&P gained 5.33 to 1,097.50, and the Nasdaq added 17.68 to 2,221.41…Among the biggest gainers: Sanmina-SCI Corp. (SANM) surged 15% to $14.15 after beating Q1 EPS estimates by a wide margin. Super Micro Computer (SMCI) soared 16.3% to $13.50 after forecasting better-than-expected Q3 EPS estimates…The losers included: Caterpillar (CAT) which slumped 4.3% to $53.44 after reporting Q4 earnings that fell 65%. The company also issued a disappointing FY10 forecast. Jackson Hewitt (JTX) dropped 16.5% to 2.94 after reporting that it does not believe it can finance its refund anticipation loans…CURRENCY: The dollar closed 0.36% higher on the yen at 89.93 and 0.41% lower on the euro at 0.7132…COMMODITIES: Crude oil closed down 1.05 to 73.66...Natural gas lost 0.19 to 5.24...Gold was lower by 13.00 to 1,086.50…ECONOMIC DATA: New Home Sales for December fell 7.6% to an annual sales rate of 342K versus a consensus range of 350K to 385K. MBA Purchase Applications for the week of 1/22 fell 3.3%. Crude Inventories for the week of January 22 were down -3.88M vs. consensus of 1.5M build. Gasoline inventories 1.99M vs. consensus of 900K build. Distillates 358K vs. consensus of 1.8M draw. The FOMC left interest rates unchanged between 0%-0.25% and expects rates to remain low for “an extended period.” They also said that MBS purchases will end in March as scheduled. Tomorrow…Durable Goods Orders, Jobless Claims, and EIA Natural Gas Report are due…Notable companies reporting Thursday before the opening bell include: Altria Group (MO), AT&T (T), Ball Corporation (BLL), Becton Dickinson and Company (BDX), Bemis (BMS), Bristol-Myers Squibb (BMY), Cardinal Health (CAH), Celgene (CELG), Consol Energy (CNX), Dominion Resources (D), Eastman Kodak (EK), EQT Corporation (EQT), Ford (F), Franklin Resources (BEN), Goodrich (GR), Invesco (IVZ), Janus Capital (JNS), L-3 Communications (LLL), Life Technologies (LIFE), Lockheed Martin (LMT), Motorola (MOT), Raytheon (RTN), Rockwell Collins (ROK), Textron (TXT), The Estee Lauder Companies (EL), Timer Warner Cable (TWC), Xcel Energy (XEL), and Zimmer Holdings (ZMH). :theflyonthewall.com
15:32 EDTLLL
theflyonthewall.com: Companies reporting Before the Market Open on Thursday, January 28

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