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Stock Market & Financial Investment News

News Breaks
October 31, 2012
08:40 EDTLPTH, RTNLightPath Raytheon updates infrared initiatives
LightPath (LPTH) continues to develop its thermal imaging business and is currently in the later stages of upgrading manufacturing capabilities to support the anticipated growth in its thermal infrared product lines. LightPath has received initial orders from three OEMs for prototypes of optical assemblies for their respective thermal imaging systems and expects significant orders from these and other customers in 2H 2013. The infrared development program with Raytheon (RTN) Vision Systems continues to progress and work is now shifting from producing initial prototypes to developing the necessary production-scale cost reductions to meet the program's cost and performance goals.
News For LPTH;RTN From The Last 14 Days
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May 20, 2013
08:31 EDTRTNRaytheon awarded contract by U.S. Air Force to build ATC systems
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May 13, 2013
11:29 EDTRTNPentagon contracts tumbled in April, Washington Post says
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May 10, 2013
07:53 EDTRTNRaytheon price target raised to $73 from $63 at Stifel
Stifel increased its price target on Raytheon after meeting with the company's management, as the firm is upbeat on the company's business trends. The firm is confident about Raytheon's ability to sustain its margins and generate growth from international deals, and it expects the stock's multiple to rise later this year. The firm keeps a Buy rating on the shares.
May 8, 2013
09:05 EDTRTNITT Exelis selected to provide anti-jam GPS antennas
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May 7, 2013
07:21 EDTLPTHTaglich to host a conference
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