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Stock Market & Financial Investment News

News Breaks
August 25, 2014
09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
Lockheed Martin completed the acquisition of substantially all of the assets of Sun Catalytix of Cambridge, Massachusetts, complementing existing Lockheed Martin capabilities in the area of energy management and efficiency. The purchase includes certain intellectual property, contracts, facilities and the transfer of the company's approximately 25 employees to Lockheed Martin. The terms of the agreement were not disclosed and are not material to Lockheed Martin. Going forward, the operation will be known as Lockheed Martin Advanced Energy Storage and will be a wholly-owned subsidiary of Lockheed Martin reporting through the corporation's Missiles and Fire Control business area.
News For LMT From The Last 14 Days
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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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