HRS News Alert Harris Corp (HRS) 77.73 02/14/2015 05:09:33

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Ericsson-Unitel Fosters Innovation in African LTE Network - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Feb 13, 2:26PM CST
The joint venture partnership of Ericsson (ERIC) and Unitel have successfully demonstrated super fast end-to-end LTE-Advanced Carrier Aggregation (CA) solution, with an impressive data speed of up to 450Mbps in Angola.
HRS: 77.73 (+0.42), ERIC: 12.77 (-0.02), IDCC: 50.26 (-0.10), JNPR: 23.84 (+0.19)

EXELIS INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
Business Wire - Fri Feb 13, 10:03AM CST
Rigrodsky & Long, P.A.:
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Launches an Investigation of the Board of Directors of Exelis Inc. Regarding the Fairness of the Sale of the Company to Harris Corporation - XLS
PR Newswire - Fri Feb 13, 9:06AM CST
The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Exelis Inc. (NYSE: XLS) ("Exelis" in connection with the sale of the Company to Harris Corporation.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Exelis, Inc.
Business Wire - Thu Feb 12, 8:15PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Exelis, Inc. ("Exelis" or "the Company" (NYSE: XLS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Harris Corporation ("Harris" .
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

WeissLaw LLP: Exelis Inc. Acquisition By Harris Corporation May Not Be In The Best Interest of Exelis Shareholders
PR Newswire - Thu Feb 12, 1:40PM CST
The fairness of the proposed acquisition of Exelis Inc. ("XLS" or the "Company" by Harris Corporation ("Harris" is being investigated by WeissLaw LLP, a national class action, shareholder rights law firm. The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of XLS for agreeing to sell the Company to Harris. On February 6, 2015, the Company announced a definitive agreement for Harris to acquire XLS in a transaction valued at approximately $4.75 billion. Under the terms of the agreement, XLS shareholders will receive $16.25 in cash and 0.1025 share of Harris for each XLS share they own. This represents a consideration of $23.75 per share, based on Harris' February 5, 2015 closing price.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

Will Harris (HRS) Continue to Surge Higher? - Tale of the Tape
Zacks Equity Research - Zacks Investment Research - Thu Feb 12, 6:38AM CST
Will Harris (HRS) Continue to Surge Higher?
HRS: 77.73 (+0.42)

UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of Exelis Inc. In Connection With the Fairness of the Sale of the Company to Harris Corporation
Business Wire - Wed Feb 11, 11:45AM CST
Levi & Korsinsky is commencing an investigation into the Board of Directors of Exelis Inc. ("Exelis" or "the Company" (NYSE: XLS) in connection with possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Harris Corporation.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

Harris - Investors Celebrate The Purchase Of Exelis
The Value Investor - at Seeking Alpha - Tue Feb 10, 4:05PM CST

HRS: 77.73 (+0.42), XLS: 24.15 (+0.04), GD: 137.61 (-0.54), LMT: 196.95 (-0.53), RTN: 107.03 (-0.37), NOC: 167.14 (-0.15), BA: 149.73 (+1.64)

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Exelis, Inc. -XLS
PR Newswire - Mon Feb 09, 9:10PM CST
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Exelis, Inc. ("Exelis" or "the Company" (NYSE-XLS-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Harris Corporation ("Harris" .
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

EXELIS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Exelis, Inc.
PR Newswire - Mon Feb 09, 5:38PM CST
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF" are investigating the proposed sale of Exelis, Inc. ("Exelis" or the "Company" (NYSE: XLS) to Harris Corporation (NYSE: HRS). Under the terms of the proposed transaction, shareholders of Exelis will receive only $16.625 in cash and 0.1025 of a share of Harris common stock for each share of Exelis common stock that they own. Based on the closing price of Harris common stock on February 5, 2014, this represents an implied consideration of $23.75 per share of Exelis common stock. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

Harris Corporation CEO William M. Brown to Speak at Barclays Industrial Select Conference
Business Wire - Mon Feb 09, 2:05PM CST
William M. Brown, chairman, president and chief executive officer of Harris Corporation (NYSE: HRS), will be a featured speaker at Barclays Industrial Select Conference on Thursday, Feb. 19, 2015 in Miami beginning at 10:35 a.m. Eastern Time. A live webcast and replay of the presentation will be available on the Internet at harris.com.
HRS: 77.73 (+0.42)

INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of Exelis Inc. In Connection With the Fairness of the Sale of the Company to Harris Corporation -- XLS
PR Newswire - Mon Feb 09, 10:19AM CST
Levi & Korsinsky is commencing an investigation into the Board of Directors of Exelis Inc. ("Exelis" or "the Company" (NYSE: XLS) in connection with possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Harris Corporation.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

Stock Market News for February 30, 2015 - Market News
Zacks Equity Research - Zacks Investment Research - Mon Feb 09, 9:10AM CST
Benchmarks ended in the red on Friday after fresh concerns about Greece’s debt negotiations offset encouraging job report
HRS: 77.73 (+0.42), EXC: 33.51 (-0.93), PFE: 34.64 (-0.23), ORLY: 205.55 (-1.02), DIS: 104.17 (+0.59), DTE: 81.56 (-2.43), HSP: 87.35 (unch), ETR: 79.12 (-1.53), XLS: 24.15 (+0.04), LNKD: 269.00 (+1.83), EXPE: 89.49 (-0.08), GM: 37.62 (-0.40), EL: 82.49 (+1.58), TWTR: 48.50 (+0.55), AEE: 41.54 (-1.12)

Factors Moving Markets: Special Research on Exelis, Twitter, Cambrex, CME Group, and Harris
PR Newswire - Mon Feb 09, 8:30AM CST
Editor Note: For more information about this release, please scroll to bottom.
HRS: 77.73 (+0.42), CME: 93.92 (-1.39), XLS: 24.15 (+0.04), CBM: 32.96 (+0.09), TWTR: 48.50 (+0.55)

Jim Cramer on the Stock Market: Spinoffs Are in Vogue
at The Street - Mon Feb 09, 8:16AM CST
The logic of owning the pure play is attractive.
HYH: 44.50 (+0.52), HRS: 77.73 (+0.42), XLS: 24.15 (+0.04), ABT: 46.09 (+0.87), BDX: 143.71 (+0.72), CFN: 59.81 (+0.01), CAH: 86.08 (+0.04), PFE: 34.64 (-0.23), KMB: 111.00 (+0.82), ITT: 41.93 (+2.51), TWTR: 48.50 (+0.55), HSP: 87.35 (unch)

EXELIS INC. MERGER INVESTIGATION ALERT - Andrews & Springer LLC is Seeking More Cash for Shareholders of Exelis Inc.
GlobeNewswire - Mon Feb 09, 7:07AM CST
Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Exelis Inc. ("Exelis" or the "Company" relating to the sale of the Company to Harris Corporation ("Harris" . On February 6, 2015, the two companies announced the signing of a definitive merger agreement pursuant to which Harris will acquire Exelis in a merger worth $4.75 billion. As a result of the merger, Exelis shareholders are only anticipated to receive $16.625 per share in cash and 0.1025 shares of Harris in exchange for each share of Exelis.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)

Harris Q2 2015 revenue level YOY
M2 - Mon Feb 09, 6:06AM CST
Harris Corporation (NYSE: HRS) said its second quarter revenue of fiscal 2015 was USD1.21 billion and income from continuing operations was USD140 million, or USD1.32 per diluted share.
HRS: 77.73 (+0.42)

Harris posts net income of USD140m in Q2 fiscal 2015
M2 - Mon Feb 09, 5:14AM CST
Communications and IT company Harris Corporation (NYSE:HRS) on Friday reported net income of USD140m, or EPS of USD1.32 per diluted share, in the second quarter of fiscal 2015, ended 2 January 2015.
HRS: 77.73 (+0.42)

Harris to acquire Exelis in cash and stock deal valued at USD4.75bn
M2 - Mon Feb 09, 4:48AM CST
Communications and IT company Harris Corporation (NYSE:HRS) and Exelis Inc (NYSE:XLS), a diversified, global aerospace, defence, information and services company, announced on Friday a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at USD23.75 per share, or approximately USD4.75bn in enterprise value.
HRS: 77.73 (+0.42), XLS: 24.15 (+0.04)




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