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Stock Market & Financial Investment News

News Breaks
September 26, 2012
09:07 EDTTSYS, NOC, LMTTCS, Northrop, Lockheed to partner on LCT satellite terminals
TeleCommunication Systems (TSYS), Northrop Grumman (NOC) and Lockheed Martin (LMT) announced that they have teamed to produce affordable satellite terminals for protected communications on the move and at the halt. The Low Cost Terminal, or LCT, solution addresses the military's need for lower cost technologies and systems to enable protected and secure communications for tactical warfighters in theater. The three companies are operating under a collaborative agreement signed earlier this year for TCS to manufacture, market and sell LCT products under license from Northrop Grumman and Lockheed Martin.
News For TSYS;NOC;LMT From The Last 14 Days
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September 2, 2014
10:02 EDTTSYSOn The Fly: Analyst Initiation Summary
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10:02 EDTNOCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Cabot Oil & Gas (COG) upgraded at Stifel... Century Aluminum (CENX) upgraded to Overweight from Equal Weight at Morgan Stanley... Groupon (GRPN) upgraded at RBC Capital... Hawaiian Electric (HE) upgraded to Neutral from Cautious at ISI Group... Life Time Fitness (LTM) upgraded to Overweight from Neutral at Piper Jaffray... Live Nation (LYV) upgraded to Buy from Neutral at Northcoast... Northrop Grumman (NOC) upgraded at RBC Capital... Panasonic (PCRFY) upgraded to Buy from Sell at CLSA... Progressive (PGR) upgraded at Goldman... RCS Capital (RCAP) upgraded to Buy from Neutral at Citigroup... SandRidge Energy (SD) upgraded at Stifel... Staples (SPLS) upgraded to Outperform from Neutral at Credit Suisse... Statoil (STO) upgraded to Buy from Hold at Deutsche Bank... Tenaris (TS) upgraded to Neutral from Sell at UBS... Tesla (TSLA) upgraded at Stifel... Ultratech (UTEK) upgraded to Outperform from Market Perform at Barrington... Volkswagen (VLKAY) upgraded to Outperform from Neutral at Exane BNP Paribas... Waddell & Reed (WDR) upgraded to Buy from Hold at Jefferies... Willis Group (WSH) upgraded to Outperform from Market Perform at Keefe Bruyette... zulily (ZU) upgraded to Buy from Fair Value at CRT Capital.
09:08 EDTTSYSTeleCommunication Systems initiated with a Buy at Ladenburg
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07:16 EDTNOCNorthrop Grumman upgraded at RBC Capital
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06:08 EDTNOCNorthrop Grumman upgraded to Outperform from Sector Perform at RBC Capital
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August 27, 2014
17:33 EDTLMTLockheed Martin awarded $122.22M government contract modification
Lockheed Martin is being awarded a $122.22M modification to a previously awarded F-35 Lightning II Low Rate Initial Production, or LRIP, Lot VI cost-plus incentive fee contract for the procurement of support equipment for the F-35 aircraft such as sensor covers, tool sets, vacuum clamp sets, and heat gun assemblies. Work is expected to be completed in November 2016. Fiscal 2012 aircraft procurement funds in the amount of $122.22M will be obligated at time of award, all of which will expire at the end of the current fiscal year.
August 25, 2014
18:03 EDTLMTLockheed Martin and Electro Optic Systems to develop space debris tracking site
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09:01 EDTLMTLockheed Martin buys Sun Catalytix assets, terms not disclosed
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August 22, 2014
07:16 EDTLMTLockheed, suppliers aim to cut F-35 expenses, Reuters says
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August 21, 2014
05:11 EDTNOCNorthrop Grumman confirms award of U.S. Navy CANES contract
The U.S. Navy has selected Northrop Grumman as one of five contractors for the Consolidated Afloat Networks and Enterprise Services, or CANES, full deployment production contract to upgrade cybersecurity, command and control, communications and intelligence systems across the fleet. The indefinite delivery, indefinite quantity multiple award contract has a potential value of $2.5B over eight years.
August 20, 2014
17:21 EDTNOCBAE Systems, General Dynamics, three others awarded $2.53B government contract
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14:07 EDTLMTAstrotech Corporation to sell assets of Astrotech Space Operations business unit
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