Market News

Jacobs Engineering (JEC)

Jacobs Engineering Group Inc., one of the world's largest and most diverse providers of technical, professional, and construction services, announced that it received a contract from ExxonMobil Production Company to provide construction services for ExxonMobil's enhanced oil and gas recovery project at the Hawkins Field in Wood County, Texas, about 100 miles east of Dallas.
Construction is expected to begin in the first quarter of 2010. Project start-up is anticipated in late 2011.

Feb 12 · 10:44:00 PM · Source: Construction & Maintenance
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by Michael Oliveto

Illinois Tool Works (ITW)

Illinois Tool Works declared a regular quarterly dividend in the amount of $.31 per share payable April 13, 2010 to shareholders of record on March 31, 2010.
At today''s $43.64 stock price the dividend yield is 2.84%.

Feb 12 · 10:39:00 PM
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by Michael Oliveto

Dover (DOV)

Dover Corporation declared a regular quarterly dividend in the amount of $.26 per share payable March 15, 2010 to shareholders of record on February 28, 2010.
Dover Corporation is an S&P Dividend Aristocrat. At today''s $42.72 stock price the dividend yield is 2.43%.

Feb 12 · 10:21:00 PM
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by Michael Oliveto

Rockwell Collins (COL)

Air China has signed a ten-year maintenance agreement with Collins Aviation Maintenance Services Shanghai Limited (CAMSS), a Rockwell Collins joint venture, to provide service and support for Rockwell Collins equipment on the entire Air China fleet.
A corresponding avionics shop cooperation agreement was signed with maintenance providerAmeco, to jointly support the entire Air China’s installed base of Rockwell Collins avionics equipment under a price per flight hour program for ten years. The two agreements commenced on Jan. 1, 2010.

Feb 12 · 10:19:00 PM · Source: Air Safety Week
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by Michael Oliveto

C.H. Robinson Worldwide (CHRW)

C.H. Robinson Worldwide Inc. declared a regular quarterly dividend in the amount of $.25 per share payable April 1, 2010 to shareholders of record on March 5, 2010.
At today''s $52.12 stock price the dividend yield is 1.92%.

Feb 12 · 10:16:00 PM
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by Michael Oliveto

Lockheed Martin (LMT)

Saxonburg-based II-VI Inc. inked a $40 million multi-year agreement with Department of Defense contractor Lockheed Martin Corp. to supply components for the Joint Strike Fighter, F-35 Lighting II.
II-VI (NYSE: IIVI) will be supplying sapphire windows for the aircraft’s Electro-Optical Targeting Systems.

Feb 12 · 9:56:00 PM · Source: MSN Money · Related: II-VI Incorporated
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by Michael Oliveto

Lockheed Martin (LMT)

Lockheed Martin announced that the Beam Control/Fire Control system for the U.S. Missile Defense Agency’s Airborne Laser Testbed (ALTB) successfully aimed the High Energy Laser beam in an experiment Feb. 11, in which a boosting ballistic missile target was destroyed.
In the lethal demonstration, the directed energy system aboard the modified Boeing 747-400F aircraft engaged and destroyed the threat-representative ballistic missile target shortly after it was launched from a sea-based platform in the Pacific Ocean.

Feb 12 · 9:52:00 PM · Source: Company Press Release
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by Michael Oliveto

Honeywell (HON)

Honeywell declared a regular quarterly dividend in the amount of $.3025 per share payable March 10, 2010 to shareholders of record on February 19, 2010.
At today''s $37.86 stock price the dividend yield is 3.20%.

Feb 12 · 9:49:00 PM
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by Michael Oliveto

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