Stock Market & Financial Investment News

News Breaks January 30, 2013 07:48 EDT NOC Northrop says 2013 view assumes no government shutdown, no sequestration Wes Bush, chairman and CEO said, "As we look ahead, we expect challenges, but we are confident in our team's ability to address those challenges and continue to create value for all our stakeholders." The company said its 2013 financial guidance is based on the assumption that the current six-month Continuing Resolution, or CR, will be immediately followed by appropriations, which, even if in the form of a full-year CR, will provide for program spending levels consistent with those set forth in the President's FY 2013 Budget request and that support and fund the company's programs. Guidance for 2013 also assumes there is no disruption or shutdown of government operations resulting from a federal government debt ceiling breach or lack of immediate appropriations following the current CR, that sequestration is not triggered, and any budgetary approach agreed by Congress to address longer term spending does not result in significant reductions to our customers' FY13 budget levels. News For NOC From The Last 14 Days Check below for free stories on NOC the last two weeks. Sign up for a free trial to see the rest of the stories you've been missing. May 23, 2013 18:23 EDT NOC Northrop Grumman increases investment in Australia Subscribe for More Information May 20, 2013 17:09 EDT NOC Northrop Grumman awarded $113.72M U.S. Navy contract Northrop Grumman is being awarded an $113.72M advance acquisition contract with fixed-price line items for long lead materials and related support for the Full Rate Production of five E-2D Advanced Hawkeye Lot 2 aircraft. Work is expected to be completed in March 2014. 10:11 EDT NOC On The Fly: Analyst Upgrade Summary Subscribe for More Information 07:21 EDT NOC Northrop Grumman upgraded to Buy from Hold at Drexel Hamilton Subscribe for More Information 06:28 EDT NOC Northrop Grumman upgraded to Fair Value from Sell at CRT Capital May 17, 2013 16:21 EDT NOC On The Fly: Closing Wrap Subscribe for More Information 12:05 EDT NOC On The Fly: Midday Wrap Subscribe for More Information May 16, 2013 17:01 EDT NOC Northrop Grumman announces additional $4B share repurchase authorization Subscribe for More Information 07:28 EDT NOC RBC Capital to host a conference Subscribe for More Information May 15, 2013 07:01 EDT NOC Northrop Grumman increases dividend by 11% to 61c The increase to 61c per share from 55c per share is payable June 12 to shareholders of record as of the close of business May 28. May 13, 2013 17:18 EDT NOC Northrop Grumman awarded $555.6M Air Force contract Northrup Grumman is being awarded a maximum ceiling $555.6M indefinite-delivery/indefinite-quantity contract for Global Hawk modernization. Work is expected to be completed by May 14, 2015. 11:29 EDT NOC Pentagon contracts tumbled in April, Washington Post says Subscribe for More Information 08:02 EDT NOC Northrop Grumman demonstrates positive results for production facility Subscribe for More Information Sign up for a free trial to see the rest of the stories you've been missing.