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Stock Market & Financial Investment News

News Breaks
January 27, 2014
06:02 EDTLMT, EMCLockheed, EMC invest $1M to set up joint Israeli center, Globes says
Lockheed Martin (LMT) and EMC (EMC) are reportedly investing $1M to establish a joint Israeli center, according to Globes, citing EMC Israel Center's general manager. Reference Link
News For LMT;EMC From The Last 14 Days
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March 6, 2015
06:57 EDTLMTGoogle pursues commercialization rather than DARPA contract for robot, WSJ says
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March 5, 2015
10:49 EDTEMCEMC to hold a forum
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07:20 EDTEMCEMC won't address VMware spinoff at upcoming forum, says UBS
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06:16 EDTLMTPentagon delays bomber contract until summer, WSJ says
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06:15 EDTEMCEMC unlikely to announce VMware spin in near-term, says Citigroup
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March 4, 2015
06:33 EDTLMTHP, IBM, others could be interested in Novetta, Reuters reports
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06:05 EDTLMTLockheed Martin, Raytheon compete for Europe missile deals, Financial Times says
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March 2, 2015
08:30 EDTEMCFBR keeps Outperform on EMC after report says no spin-off
FBR Capital maintains an Outperform rating on shares of EMC (EMC) after Reuters reported Friday that the company's management has deciding against spinning off its stake in VMware (VMW). FBR says that while the news is disappointing, it is not surprising. It also thinks the report could be a near-term positive for VMware, since it could remove the spin-off uncertainty. FBR notes EMC is having an analyst day on March 10.
February 27, 2015
18:10 EDTLMTLockheed Martin, United Technologies JV awarded $2B government contract
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16:29 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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15:57 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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09:16 EDTEMCEMC to hold a conference call
VP-Product Management Josh Goldstein holds a conference call to discuss EMC XtremIO on February 27 at 1 pm. Webcast Link
February 26, 2015
05:47 EDTEMCAtos and EMC to further strengthen strategic alliance
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February 25, 2015
12:31 EDTLMTLockheed Martin awarded two Navy contracts totalling $90M
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February 24, 2015
17:19 EDTLMTLockheed Martin awarded $129M government contract modification
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February 23, 2015
13:30 EDTLMTIsrael to purchase another 14 of Lockheed Martin's F-35s, Globes says
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06:42 EDTLMTLockheed Martin to pay $62M to settle retirement plan lawsuit, WSJ says
Lockheed Martin will pay $62M to settle a civil suit alleging its 401(k) plan charged unreasonable fees, reports the Wall Street Journal, citing legal filings and company statements. As part of the settlement, Lockheed will also have to submit monthly evaluations of certain aspects of its plan, offer new low-cost funds, and solicit bids from at least three large firms to serve as administrative managers of the company's retirement plans. Reference Link

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