L-3 Communications approves $1.5B repurchase program L-3 Communications board of directors authorized a new share repurchase program allowing the company to repurchase up to an additional $1.5B of the company's common stock through June 30, 2015. This new share repurchase initiative is effective immediately and represents L-3's sixth repurchase program.
News For LLL From The Last 14 Days
Check below for free stories on LLL the last two weeks.
L-3 Communications should be down 'big', says CRT Capital CRT Capital said L-3 Communications should be down "big" following the announcement of the Aerospace segment internal accounting review and the $84M pre-tax charge. The analyst does not think the issues will be cleared up quickly and recommends avoiding shares. Shares are Fair Value rated with a $102 price target.