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Stock Market & Financial Investment News

News Breaks
May 29, 2014
08:05 EDTLMT, ASTCLockheed Martin to acquire Astrotech Space Operations business
Lockheed Martin (LMT) has entered into a definitive agreement to acquire the assets of the Astrotech Space Operations business of Astrotech Corporation (ASTC). The terms of the agreement are not material to Lockheed Martin. Subject to the satisfaction of customary closing conditions, including approval by the Astrotech Corporation shareholders, the transaction is expected to close in the third quarter of 2014. Upon closing, Astrotech Space Operations will be operated as a wholly-owned subsidiary of Lockheed Martin and managed by the corporation's Space Systems business area.
News For LMT;ASTC From The Last 14 Days
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January 29, 2015
06:33 EDTLMTBoeing, Lockheed Martin get $383M deal from Air Force, Reuters says
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January 28, 2015
09:05 EDTLMTExelis receives low rate initial production contract from Lockheed Martin
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January 27, 2015
07:36 EDTLMTLockheed Martin reports Q4 Aeronautics sales $4.14B
Reports Q4 Information Systems & Global Solutions sales $1.99; Reports Q4 Missiles and Fire Control sales $2.01B; Reports Q4 Mission Systems and Training sales $2.07B. Reports Q4 Space Systems sales $2.32B.
07:34 EDTLMTLockheed Martin sees FY15 EPS $10.80-$11.10, consensus $11.49
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07:33 EDTLMTLockheed Martin reports Q4 EPS cont ops $2.82, consensus $2.85
Reports Q4 revenue $12.53B, consensus $11.89B; Fourth quarter net earnings from continuing operations included a special charge for a non-cash goodwill impairment of $119M, which decreased net earnings by $107M, or 33c per diluted share, partially offset by a decrease in income tax expense due to the retroactive reinstatement of the U.S. research and development tax credit for 2014, which increased earnings $45 million, or 14c per diluted share.
January 26, 2015
15:40 EDTLMTNotable companies reporting before tomorrow's open
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January 22, 2015
06:28 EDTLMTDefense and aerospace firms may see cybersecurity business boost, LA Times says
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January 20, 2015
09:05 EDTASTCAstrotech receives initial orders for disruptive mass spectrometry technology
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