Defense Stock Roundup: BA Incurs a Loss; GD, NOC, LLL, RTN, UTX Beat on Earnings
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 5:36PM CDT
Earnings dominated the major stories in the defense and aerospace sector over the past five trading sessions. Among the defense biggies, Boeing (BA), the world's largest plane maker, reported its first quarterly net loss in nearly seven years.
HII: 172.60 (-0.14), GD: 148.22 (-0.87), RTN: 141.20 (+0.96), UTX: 106.27 (-0.67), NOC: 218.68 (+1.99), TGI: 29.57 (-0.65), SPR: 42.96 (-0.49), TXT: 38.21 (-0.46), BA: 131.60 (-1.61), LLL: 150.26 (-1.25)
Defense Stocks to Watch for Earnings on Aug 3: ATRO & SPR
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:18AM CDT
We have seen Q2 results from 95.6% of the defense sector's total market cap, as of Jul 29. Let's take a look at a couple of defense stocks that are scheduled to report second-quarter earnings on Aug 3.
GD: 148.22 (-0.87), LMT: 257.00 (+2.16), RTN: 141.20 (+0.96), NOC: 218.68 (+1.99), ATRO: 38.17 (-0.89), SPR: 42.96 (-0.49), BA: 131.60 (-1.61), LLL: 150.26 (-1.25)
L-3 Communications (LLL) Tops Q2 Earnings, Ups '16 View
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 8:53AM CDT
L-3 Communications Holdings Inc. (LLL) posted second-quarter 2016 adjusted earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.68 by 11.9%.
LMT: 257.00 (+2.16), NOC: 218.68 (+1.99), BA: 131.60 (-1.61), LLL: 150.26 (-1.25)
L-3 Communications (LLL) Beats on Q2 Earnings & Revenues
Zacks Equity Research - Zacks Investment Research - Thu Jul 28, 7:31AM CDT
L-3 Communications Holdings Inc. (LLL) posted second-quarter 2016 adjusted earnings of $1.88 per share, beating the Zacks Consensus Estimate of $1.68
LLL: 150.26 (-1.25)
L-3 Announces Second Quarter 2016 Results
BusinessWire - Thu Jul 28, 5:55AM CDT
--Net sales increased 5%
LLL: 150.26 (-1.25)
Defense Stocks Earnings Slated for Jul 28: RTN, LLL, TGI, LDOS
Zacks Equity Research - Zacks Investment Research - Wed Jul 27, 8:06AM CDT
Four defense companies ??? Raytheon Company (RTN), L-3 Communications Holdings Inc. (LLL), Triumph Group, Inc. (TGI) and Leidos Holdings, Inc. (LDOS) ??? are all scheduled to release quarterly results before the opening bell on Jul 28.
LMT: 257.00 (+2.16), RTN: 141.20 (+0.96), TGI: 29.57 (-0.65), TXT: 38.21 (-0.46), COL: 84.31 (-0.21), LLL: 150.26 (-1.25), LDOS: 48.35 (-2.19)
Defense Stock Roundup: Boeing Reports Q2 Deliveries; UTX Scores Big Contract; LMT Starts IS&GS Exchange Offer
Zacks Equity Research - Zacks Investment Research - Tue Jul 12, 9:27AM CDT
On the threshold of the second-quarter earnings season, the outlook for the aerospace and defense sector is not so bad when compared with the overall Q2 forecast.
UTX: 106.27 (-0.67), NOC: 218.68 (+1.99), TGI: 29.57 (-0.65), TXT: 38.21 (-0.46), BA: 131.60 (-1.61), COL: 84.31 (-0.21), LLL: 150.26 (-1.25)
L-3's MX(TM)-15D Selected for GA-ASI's Predator(R) XP Platform
BusinessWire - Tue Jul 12, 3:00AM CDT
L-3 Communications (NYSE:LLL) announced today that its WESCAM division has received multiple orders from General Atomics Aeronautical Systems, Inc. (GA-ASI) for its MX(TM)-15D electro-optical and infrared (EO/IR) designator systems for an international military customer. L-3's equipment will support medium-altitude covert intelligence, surveillance and reconnaissance (ISR) missions carried out by GA-ASI's Predator(R) XP remotely piloted aircraft (RPA) system.
LLL: 150.26 (-1.25)
L-3 Delivers Upgraded C-130 Aircraft to the U.S. Air Force for Argentine Foreign Military Sales Program
BusinessWire - Tue Jul 12, 2:45AM CDT
L-3 Communications (NYSE:LLL) announced today that its Platform Integration division has delivered an upgraded C-130 aircraft to Argentina as part of a U.S. Air Force Foreign Military Sales (FMS) program. The delivery was the first of five aircraft scheduled to receive avionics and systems modernization.
LLL: 150.26 (-1.25)
Coverage Initiated on Select Aerospace and Defense Equities
ACCESSWIRE - Mon Jul 11, 8:19AM CDT
LONDON, UK / ACCESSWIRE / July 11, 2016 / Active Wall St. announces the list of stocks for today's coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Aerospace/Defense Products & Services industry. Companies recently under review include General Dynamics, Spirit AeroSystems, L-3 Communications, and Triumph Group. See our complete notes on General Dynamics at:
GD: 148.22 (-0.87), TGI: 29.57 (-0.65), SPR: 42.96 (-0.49), LLL: 150.26 (-1.25)
L-3 to Demonstrate Training Capabilities With RealitySeven(TM)-Based A350 Flat Panel Trainer at Farnborough
BusinessWire - Mon Jul 11, 2:45AM CDT
L-3 Communications (NYSE:LLL) announced today that its Commercial Training Solutions (CTS) business will display its L-3 Link UK-built Airbus A350 Flat Panel Trainer (FPT) at the Farnborough International Airshow for the first time this year. The FPT will be operated by instructors and cadets from L-3 CTC Aviation - demonstrating the capability offered by L-3 CTS, including cadet training, qualified pilot training, and simulation and training centers.
LLL: 150.26 (-1.25)
L-3 Announces Formation of Commercial Training Solutions Division
BusinessWire - Thu Jul 07, 3:03PM CDT
L-3 Communications (NYSE:LLL) announced today the formation of its new Commercial Training Solutions division. The new business, which is part of the Precision Engagement & Training sector within L-3 Electronic Systems, has been created through the consolidation of L-3's leading global flight simulator manufacturer, L-3 Link UK, and its global airline pilot training and resourcing organization, L-3 CTC Aviation.
LLL: 150.26 (-1.25)
Watch for L-3 Communications to Potentially Pullback After Gaining 1.53% Yesterday
Comtex SmarTrend(R) - Wed Jul 06, 1:50PM CDT
L-3 Communications (NYSE:LLL) traded in a range yesterday that spanned from a low of $146.61 to a high of $149.90. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $147.59 on volume of 459,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LLL: 150.26 (-1.25)
SmarTrend Watching for Potential Pullback in Shares of L-3 Communications After 1.53% Gain
Comtex SmarTrend(R) - Wed Jul 06, 1:49PM CDT
L-3 Communications (NYSE:LLL) traded in a range yesterday that spanned from a low of $146.61 to a high of $149.90. Yesterday, the shares gained 1.5%, which took the trading range above the 3-day high of $147.59 on volume of 459,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
LLL: 150.26 (-1.25)
21.9% Return Seen to Date on SmarTrend L-3 Communications Call (LLL)
Comtex SmarTrend(R) - Wed Jun 22, 12:44AM CDT
SmarTrend identified an Uptrend for L-3 Communications (NYSE:LLL) on February 1st, 2016 at $117.88. In approximately 5 months, L-3 Communications has returned 21.93% as of today's recent price of $143.73.
LLL: 150.26 (-1.25)
L-3 Declares Quarterly Dividend
BusinessWire - Tue Jun 21, 12:14PM CDT
L-3 Communications (NYSE:LLL) announced today that its board of directors has declared the company's regular quarterly cash dividend of $0.70 per share payable on September 15, 2016 to shareholders of record at the close of business on August 17, 2016.
LLL: 150.26 (-1.25)
L-3's Business Moves Impress, Afghanistan Drawdown to Hurt
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 5:52AM CDT
L-3 Communications Holdings, Inc.'s (LLL) endeavor in transforming its business portfolio to defense electronics, communications and ISR markets was partly offset by its over dependence on government orders and budget volatility in the U.S.
EGL: 31.17 (+0.03), CACI: 94.00 (-2.38), LLL: 150.26 (-1.25), LDOS: 48.35 (-2.19)
Defense Stock Roundup: Sikorsky, Turkey Sign Helicopter Deal; Boeing Clinches Apache Contract
Zacks Equity Research - Zacks Investment Research - Tue Jun 14, 4:17PM CDT
A high level of market volatility led most defense stocks to trade in the red over the past five sessions. Nevertheless, major contractors Lockheed Martin (LMT) and Boeing (BA) scooped up a few FMS awards.
LMT: 257.00 (+2.16), AJRD: 18.62 (-0.26), RTN: 141.20 (+0.96), NOC: 218.68 (+1.99), TXT: 38.21 (-0.46), BA: 131.60 (-1.61), COL: 84.31 (-0.21), LLL: 150.26 (-1.25)
Zacks Research Daily for June 14, 2016
Sheraz Mian - Zacks Investment Research - Tue Jun 14, 12:25PM CDT
Zacks Research Daily for June 14, 2016
AMZN: 760.58 (-7.16), AXP: 63.47 (-0.66), EA: 76.78 (+0.15), MCD: 117.70 (-0.31), PPG: 103.69 (-0.98), LLL: 150.26 (-1.25)
L-3 to Present at Citi's 2016 Industrials Conference
BusinessWire - Fri Jun 10, 10:41AM CDT
L-3 Communications (NYSE:LLL) announced today that Christopher E. Kubasik, its president and chief operating officer, and Ralph G. D'Ambrosio, its senior vice president and chief financial officer, will be jointly presenting at Citi's 2016 Industrials Conference on Wednesday, June 15 in Boston.
LLL: 150.26 (-1.25)