Rockwell Collins Inc. (COL) missed the Zacks Consensus earnings per share (EPS) estimate 4 cents and reported 84 cents per share in the fourth quarter of fiscal 2009 (ended Sept. 30). It also fell 29 cents short of the year-ago figure of $1.13 in the fourth quarter of fiscal 2008. The company clocked EPS of $3.73 in fiscal 2009, lower than both the Zacks Consensus Estimate of $3.76 and the fiscal 2008 EPS of $4.16. Likewise, revenues also fell 6.8% to $1.2 billion in the reported quarter from $1.3 billion in the fourth quarter of fiscal 2008. Fiscal 2009 revenues also fell 6.3% to $4.5 billion from $4.8 billion in fiscal 2008. Segment Performance Government Systems clocked quarterly sales of $741 million, an increase of $105 million or 17%, compared to the $636 million in the year-ago quarter. Airborne Solutions’ sales increased $16 million, or ...

We are presenting a list of companies which we believe are currently mispriced, based on our estimate of fair value, by the market. We develop our fair value ranges by projected free cash flow out one year and estimating an appropriate FCF multiple based on our assessment of risk and the strength of the balance sheet.

Cisco Systems [CSCO: 19.57, +0.84 (+4.48%)] Recent Price $17.04 Value Range 21.86 – $38.41 Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company provides a line of products for transporting data, voice, and video within buildings, across campuses, and around the world. Its products are designed to transform how people connect, communicate and collaborate. Cisco Systems, Inc.’s products, which include primarily routers, switches, and products that the

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China Cracks the Aircraft Market by: Jack Perkowski December 05, 2008

2008 has been quite a year for the country’s aviation industry. Over the past six months, China has created a giant new aircraft company to make jumbo jetliners in competition with Boeing (BA) and Airbus; it has merged the country’s two largest aircraft makers into one company; it successfully tested its first domestic commercial jetliner; and it announced orders for the new aircraft from a unit of General Electric (GE).

In May, China formed China Commercial Aircraft Co. (CCAC) to make jumbo jetliners, capitalizing the new company with registered capital of 19 billion yuan ($2.7 billion). The state-owned Assets Supervision and Administration Commission alone invested 6 billion yuan, becoming the largest shareholder. Shareholders of the new company also include China Aviation Industry Corporation I (AVIC I) and China Aviation Industry Corporation II (AVIC II), two of China’s main state-owned aircraft makers.

In

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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 ...

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 ...