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Stock Market & Financial Investment News

News Breaks
April 9, 2012
13:02 EDTLMTCanada to limit spending on F-35 planes, Defense News reports
The Canadian government has decided to limit the amount it will spend on Lockheed Martin's (LMT) F-35 planes to $8.9B, after an audit found that the country's Department of National Defense withheld key information from Parliament about the proposed acquisition of the plane, Defense News reported yesterday. Reference Link
News For LMT From The Last 14 Days
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July 29, 2014
10:02 EDTLMTGeneral Dynamics awarded $25.4M contract from Lockheed
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July 28, 2014
10:02 EDTLMTLockheed completes GMLRS Alternative Warhead operational flight tests
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08:38 EDTLMTNational Contract Management Association to hold a conference
World Congress 2014 to be held in Washington, D.C. on July 27-30.
July 23, 2014
06:23 EDTLMTAirbus group submits bid as Denmark looks to replace F-16s, WSJ reports
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July 22, 2014
11:03 EDTLMTFord announces retirement of Chief Technical Officer Mascarenas
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09:08 EDTLMTOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Chipotle (CMG), up 10.7%... Crocs (CROX), up 5%... Lockheed Martin (LMT), up 1.4%. ALSO HIGHER: GreenHunter Resources (GRH), up 10.3% after announcing intent to form MLP... TG Therapeutics (TGTX), up 9.5% after reporting Q2 results, preclinical study results, price target on shares raised to $19 from $13 at Brean Capital... FuelCell (FCEL), up 5.4% after announcing German government support, EUR 4.9M in research awards... Apache (APA), up 5.2% after Bloomberg says activist investor JANA Partners disclosed $1B position in the stock. DOWN AFTER EARNINGS: Harley-Davidson (HOG), down 4.1%... Travelers (TRV), down 3.4%... McDonald's (MCD), down 2.3%... Coca-Cola (KO), down 2.5%. ALSO LOWER: Amazon.com (AMZN), down 1% following downgrade to Neutral rating at Citigroup.
07:30 EDTLMTLockheed Martin reports Q2 Aeronautics sales up 13% to $3.86B
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07:27 EDTLMTLockheed Martin raises FY14 EPS to $10.85-$11.15 from $10.50-$10.80
FY14 EPS consensus of $10.96; Backs FY14 revenue to $44B-$45.5B, consensus $44.77B; Backs FY14 orders 41.5B-$43B; Raises FY14 cash from operations to approximately $4.8B from $4.7B
07:25 EDTLMTLockheed Martin reports Q2 EPS $2.76, consensus $2.66
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July 21, 2014
15:30 EDTLMTNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Verizon (VZ), consensus 90c; Coca-Cola (KO), consensus 63c; Comcast (CMCSA), consensus 72c; United Technologies (UTX), consensus $1.70; McDonald's (MCD), consensus $1.44; Altria Group (MO), consensus 66c; du Pont (DD), consensus $1.17; Lockheed Martin (LMT), consensus $2.66; Kimberly-Clark (KMB), consensus $1.50; Travelers (TRV), consensus $2.07; Ingersoll-Rand (IR), consensus $1.11; State Street (STT), consensus $1.26; TD Ameritrade (AMTD), consensus 34c; Harley-Davidson (HOG), consensus $1.46; Polaris Industries (PII), consensus $1.39; Crocs (CROX), consensus 31c.
09:31 EDTLMTLockheed to provide mission, flight crew operations support to NASA
As part of an SGT-led team, Lockheed Martin will provide mission and flight crew operations support to NASA for the International Space Station and future human space exploration. These support services within the Integrated Mission Operations Contract II are critical to the operation of all NASA human spaceflight missions. Under IMOC II, Lockheed Martin will provide expertise to support mission planning and preparation, crew and flight controller training and real-time mission execution at NASA's Johnson Space Center in Houston. Lockheed Martin also will provide ground-based human spaceflight services for the Orion Multi-Purpose Crew Vehicle, for which Lockheed Martin is the prime contractor, and new commercial cargo vehicles.
July 18, 2014
17:27 EDTLMTLockheed Martin awarded $564.7M government contract modification
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July 17, 2014
06:41 EDTLMTDefense Department to seek rival bids for satellite launches, WSJ reports
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July 16, 2014
08:03 EDTLMTLockheed Martin receives letter of intent for up to 10 LM-100J freighters
Lockheed Martin signed a Letter of Intent with ASL Aviation Group for an order of up to 10 LM-100J commercial freighters, a civil-certified variant of the C-130J Super Hercules .
July 15, 2014
18:41 EDTLMTF-35 Farnborough debut cancelled due to engine fire, WSJ says
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11:21 EDTLMTLockheed Martin opens U.K. space technology office
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07:17 EDTLMTFarnborough International to hold air show
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06:56 EDTLMTU.S. officials remove grounding order for Lockheed F-35s, Reuters says
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