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Stock Market & Financial Investment News

News Breaks
December 3, 2012
18:03 EDTLMT, ORBLockheed Martin, Orbital Sciences, and private co. awarded $900M govt contract
Lockheed Martin (LMT); Oribital Sciences (ORB); and Space Exploration Technologies, is being awarded a $900M indefinite-delivery/indefinite-quantity, firm-fixed-price contract for the U.S. Air Force Rocket Systems Launch Program. Work is expected to be completed by Nov. 29, 2017.
News For LMT;ORB 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
16:35 EDTORBATK not issuing guidance due to pending closing of Orbital deal
Due to the pending closing of the anticipated transaction, Alliant Techsystems (ATK) is not discussing its outlook or issuing financial guidance. On the anticipated closing date, February 9, ATK stockholders as of the applicable record date, February 2, will receive two shares of Vista Outdoor (VSTO) common stock for every one share of ATK common stock they hold. In connection with the merger, Orbital (ORB) stockholders will receive 0.449 shares of ATK common stock for each share of Orbital common stock that they hold. Upon the closing of the transaction, ATK stockholders will own approximately 53.8% of Orbital ATK on a fully diluted basis and Orbital stockholders will own the remaining approximately 46.2% of Orbital ATK on a fully diluted basis.
09:05 EDTLMTExelis receives low rate initial production contract from Lockheed Martin
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January 27, 2015
10:34 EDTORBATK holders approve issuance of shares to Orbital
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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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08:01 EDTORBOrbital price target raised to $35 from $28 at Stifel
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January 23, 2015
06:15 EDTORBRoystone Capital reports 6.2% passive stake in Orbital
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January 22, 2015
14:27 EDTORBOrbital to host special shareholder meeting
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06:28 EDTLMTDefense and aerospace firms may see cybersecurity business boost, LA Times says
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