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Raytheon (RTN)

Raytheon's Joint Standoff Weapon C-1 completed a major milestone when the weapon's Strike Common Weapon Datalink (SCWDL) communicated via Link-16 nodes with a Joint Surveillance and Target Attack Radar System aircraft. The test demonstrated the weapon's ability to function as a node on the network and moved the system one step closer to engaging moving maritime targets.
JSOW is a family of low-cost, air-to-ground weapons that employs an integrated GPS-inertial navigation system and terminal infrared seeker, which guides the JSOW to the target. JSOW C-1 features the two-way Rockwell Collins SCWDL, which gives the combat-proven weapon a moving maritime target capability.

Feb 15 · 5:20:00 PM · Source: Company Press Release
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by Michael Oliveto

FedEx (FDX)

Fedex declared a regular quarterly dividend in the amount of $.11 per share payable April 1, 2010 to shareholders of record on March 11, 2010.
At today''s $78.55 stock price the dividend yield is 0.56%.

Feb 15 · 5:16:00 PM
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by Michael Oliveto

GE (GE)

GE Healthcare today announced the availability of Vscan, a new, pocket-sized visualization tool developed to provide physicians with imaging capabilities at the point-of-care.
Roughly the size of a smart phone, Vscan houses powerful, ultra-smart ultrasound technology that provides clinicians with an immediate, non-invasive method to help secure visual information about what is happening inside the body. Vscan is portable and can easily be taken from room to room to be used in many clinical, hospital or primary care settings.

Feb 15 · 5:08:00 PM · Source: Company Press Release
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by Michael Oliveto

Boeing (BA)

Boeing announced that it has submitted a proposal to the Defense Logistics Agency ( DLA ) to provide supply chain services to the U.S. Army for ground vehicle support at Army depots in Anniston, Alabama, and Red River, Texas. The eight-year, $193 million contract award is expected to be announced this summer.
"Our proposal offers a best-value supply chain solution to the Defense Logistics Agency that will provide fast, reliable services at a consistently high quality," said Jason Frei, Boeing program manager of Land & Maritime DLA Support Programs. "Boeing has long been a leader in the aviation supply chain market, and we are committed to demonstrating our innovative capabilities to our land and maritime customers."

Feb 15 · 5:01:00 PM · Source: Media Newswire
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by Michael Oliveto

AMR (AMR)

AMR's (NYSE:AMR) American Airlines and British Airways PLC (NYSE:BAY) received tentative approval on Saturday from the United States Department of Transportation to grant antitrust immunity. Reuters reported if the decision is made final, American Airlines and its oneworld alliance partners would be able to more closely coordinate international operations in transatlantic markets. In addition, the airlines would have to give up four daily pairs of slots at London's congested Heathrow airport. The two airlines have sought immunity to expand their pact on three occasions since 1998 and welcomed Saturday's decision.
AMR said this would benifit all of its oneworld partners and provide greater efficiency.

Feb 15 · 3:01:00 PM
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by Steve Wieczorek

Union Pacific (UNP)

Union Pacific Corp. plans to invest $29 million to improve its rail line between Spring and Houston’s Washington Avenue Corridor.
Omaha, Neb.-based Union Pacific said it plans to spend about $2.5 billion in 2010 on enhancements to the railroad’s 32,000-mile network across America.

Feb 12 · 11:14:00 PM · Source: MSN Money
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by Michael Oliveto

Republic Services (RSG)

Republic Services declared a regular quarterly dividend in the amount of $.19 per share payable April 15, 2010 to shareholders of record on April 1, 2010.
At today''s $26.03 stock price the dividend yield is 2.92%.

Feb 12 · 11:05:00 PM
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by Michael Oliveto

Republic Services (RSG)

Republic Services reported for the full year 2009 earnings of $495 million, or $1.30 per share, on sales of $8.199 billion. That compares to the prior year earnings of $73 million, or $.38 per share, on sales of $3.685 billion.
"We are pleased to report that we have exceeded our original 2009 guidance for earnings, free cash flow and margins," said James E. O'Connor, Chairman and Chief Executive Officer of Republic Services, Inc. "We achieved annual run rate synergy savings of $150 million, well ahead of our plan. During 2009, we repaid $740 million of our debt. We also took advantage of the favorable interest rate environment by issuing $1.25 billion of new debt and using the proceeds to repay existing debt. Our strong operational and financial performance during 2009 has left us well positioned for future success, as evidenced by our double digit 2010 earnings growth guidance."

Feb 12 · 11:02:00 PM · Source: Reuters
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by Michael Oliveto

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