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Stock Market & Financial Investment News

News Breaks
February 3, 2014
09:16 EDTLLLL-3 Communications wins $73M contract
L-3 Communications announced that its Coleman Aerospace business has been awarded a new, competitively won contract from the U.S. Department of Defense’s Missile Defense Agency to provide Medium-Range Ballistic Missile target vehicles for use in tests of missile defense systems. The initial value of the award is approximately $73M, with additional options valued at more than $400M over the next five years.
News For LLL From The Last 14 Days
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July 31, 2014
12:29 EDTLLLOn The Fly: Midday Wrap
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09:38 EDTLLLL-3 Communications downgraded to Hold from Buy at Drexel Hamilton
08:48 EDTLLLL-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.
08:48 EDTLLLL-3 Communications cuts FY14 EPS to $7.90-$8.10 from $8.20-$8.40
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08:45 EDTLLLL-3 Communications reports Q2 funded orders down 6% to $3.3B
The book-to-bill ratio was 1.08 for the second quarter.
06:34 EDTLLLL-3 Communications expects to incur charge of $84M against operating income
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06:33 EDTLLLL-3 Communications reports Q2 preliminary EPS $1.75, consensus $2.02
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July 30, 2014
15:40 EDTLLLNotable companies reporting before tomorrow's open
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