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Stock Market & Financial Investment News

News Breaks
May 20, 2014
11:10 EDTMIELY, XLSExelis wins multimillion-dollar commercial contract
Exelis (XLS) has been awarded a multimillion-dollar commercial contract to build the primary payload for the Greenhouse Gas Observing Satellite-2, which Mitsubishi Electric (MIELY) will build for the Japanese Aerospace Exploration Agency. The Exelis-built payload known as TANSO-FTS, short for Thermal and Near Infrared Sensor for carbon Observation-Fourier Transform Spectrometer, will measure the density of greenhouse gases in the atmosphere. The satellite is planned for launch in FY18.
News For XLS;MIELY From The Last 14 Days
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August 19, 2015
08:34 EDTXLSHarris discount to peers to decline, says Sterne Agee CRT
Sterne Agee CRT says that Harris' (HRS) acquisition of Exelis (XLS) gives it the opportunity to divest its non-core assets. The firm thinks that these divestments would decrease Harris' valuation discount versus its peers. The firm keeps a $90 price target and Buy rating on Harris.

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