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L-3 Tops Estimates, Raises Outlook – Analyst Blog

Zacks Market Commentaries (October 27th, 2009) Writes:
Before the opening bell, L-3 Communications Holdings Inc. (LLL) released strong third quarter results. In the reported quarter, the company clocked earnings per share (EPS) of $2.12, soundly beating both the Zacks Consensus Estimate of $1.85 and the year-ago quarterly EPS of $1.73. Net sales rose 5% to $3.8 billion in the reported quarter from $3.7 billion in the year-ago quarter. The upside came mainly from the Command, Control, Communications, Intelligence, Surveillance and Reconnaissance (C3ISR) and Aircraft Modernization and Maintenance (AM&M) segments. However, these were partially offset by decrease in the Government Services and Specialized Products segments sales year-over-year. C3ISR segment sales rose 21% year-over-year primarily due to increased demand and new business from the U.S. Department of Defense (DoD) for airborne ISR and networked communication systems for manned and unmanned platforms. AM&M sales increased 17% due to higher revenues from systems field support services, Special ...

Iowa Stocks

Fred Fuld (October 6th, 2008) Writes:
Iowa is home to seven of the top 1000 companies in the United States. Surrounded by two great American rivers, The Mississippi, and the Missouri, connected by multiple interstate highways, and U.S. Highways, as well as several big airports, it is no wonder that Iowa does business with the world. Here are some interesting facts about the state:1. Iowa is the number one producer of pork.2. Iowa is number one in egg production.3. The state has over 400 certified organic farms.4. 37% of Iowa’s exports go to Canada, 15% to Mexico, and 7.8% to Japan.5. Iowa’s top exports are: machinery, transportation, and electrical equipment.6. The manufacturing industry constitutes 22.2% of Iowa’s gross state product.7. Trade, transportation and Warehousing employ the largest number of people in the state.8. Almost 90% of the state territory is used for ...

War Stocks

Fred Fuld (September 19th, 2008) Writes:
If you still haven't put any defense and aerospace stocks in your portfolio, you should seriously consider doing so before October. There are plenty of these 'war' stocks to choose from including ones that pay high yields. Here are some that you may want to site your scopes on and possibly pull the trigger. All of these have market caps over $1 billion.Alliant Techsystems Inc. (ATK) manufactures and markets aerospace and defense products and ammunition. The stock has a PE of 16, and a PEG of 1.56.Boeing (BA) makes and markets jets, military aircraft, missile defense systems, satellites, and launch systems. The stock has a PE of 11, a PEG of 0.83, and pays a yield of 2.8%.CAE Inc. (CGT) makes and markets simulation equipment and services to the civil aviation industry, military organizations, and defense organizations. The ...
Tags for this Post:
aerospace products, aerospace stocks, Airborne Systems, Alliant Techsystems Inc., automation solutions, Aviation Electronics, aviation products, Boeing, Brazil, CAE Inc., components and systems, Current Market News, defense electronic products, defense products, defense systems, DRS Technologies Inc., Elbit Systems Ltd., electro-optic and space technologies, electronic intelligence systems, electronics, Embraer, Empresa Brasileira De Aeronutica S.A., F-16, F-22, F-35 Joint Strike Fighter, General Dynamics Corp., Goodrich Corp, Honeywell International Inc., information systems, launch systems, Lockheed Martin Corporation, military communications systems, military support services, missile defense systems, Missile Systems, Network Centric Systems, Northrop Grumman Corp., Prince Edward Island, Raytheon, Rockwell Collins Inc., simulation, simulation equipment, Space, Stocks to Watch, Technical Services, transportation systems, unmanned air vehicles, USD, weapons systems

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