Market News

Tyco International, Ltd. (TYC)

Tyco International Tuesday said its fiscal fourth quarter earnings were $205 million, or 43 cents a share, down from $434 million, or 91 cents, a year earlier. Excluding items such as restructuring charges, earnings from continuing operations fell to 61 cents from 81 cents. Revenue fell 16% to $4.4 billion and 12% on an organic basis, which usually excludes acquisitions, divestitures and currency exchange.
Results top Wall Street expectations.

Nov 10 · 10:41:00 AM · Source: Company News Release
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by Larry Etter

Fluor (FLR)

Flour Corp. Monday said its third-quarter net profit fell to $162 million, or 89 cents per share, from $182 million, or $1.00 per share, in the same quarter a year before. Revenue fell 4 percent to $5.42 billion.
Analysts had expected 90 cents per share on revenue of $5.49 billion,

Nov 9 · 7:17:00 PM · Source: Company News
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by Larry Etter

Boeing (BA)

Boeing announced that it delivered the Royal Australian Air Force’s (RAAF) third F/A-18F Block II Super Hornet three months ahead of schedule on Sept. 30, after completing production on the multirole fighter at Boeing Integrated Defense Systems’ St. Louis facility.
“Successful early delivery of these aircraft is a direct result of the great teamwork between Australia’s Defense Materiel Organization, the Royal Australian Air Force, the U.S. Navy, Boeing and the entire Hornet Industry Team.”

Nov 9 · 4:26:00 PM · Source: Chicago Press Release
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by Michael Oliveto

Boeing (BA)

Boeing awarded a design-build contract for its new Dreamliner assembly line to a joint venture between Charlotte-based BE&K Building Group, and Turner Construction, a New York firm that has enjoyed a long relationship with the aerospace manufacturer.
All three of these companies worked together to design and build the original Dreamliner-related assembly facilities in North Charleston, on the same campus where the new assembly line will be located.

Nov 9 · 4:17:00 PM · Source: Charleston Regional Business Journal
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by Michael Oliveto

Honeywell (HON)

Honeywell International announced that it has declared a regular quarterly dividend of $0.3025 per share on the Company's outstanding common stock.
The dividend is payable on December 10, 2009 to shareowners of record at the close of business on November 20, 2009.

Nov 5 · 1:28:00 PM · Source: Reuters
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by Michael Oliveto

GE (GE)

GE Money, the consumer lending unit of GE and Oreck Corporation announced an agreement for a new consumer financing program.
The Oreck Power Card is part of the GE Money Home Design revolving credit program, and enables consumers to enjoy affordable monthly payments, special promotional financing options and online account management.

Nov 5 · 12:49:00 PM · Source: Reuters
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by Michael Oliveto

General Dynamics (GD)

General Dynamics Armament and Technical Products has been awarded a $17 million contract to produce gun systems for the Phalanx Block 1B Close-In Weapon System (CIWS) and the Centurion Land-Based Phalanx Weapon System by Raytheon Missile Systems of Louisville, Ky.
The Phalanx Block 1B CIWS is the most recent upgrade of the Phalanx CIWS. Phalanx is a fully autonomous, radar-directed, rapid-fire 20mm Gatling-gun system that provides naval ships with the last line of defense against a variety of threats including anti-ship missiles, aircraft, high-speed watercraft and other air and surface threats.

Nov 5 · 12:41:00 PM · Source: PR Newswire · Related: Raytheon
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by Michael Oliveto

General Dynamics (GD)

General Dynamics C4 Systems, a business unit of General Dynamics announced that it has been awarded a $7.6 million contract to develop the new KG-530 SONET OC-768C in-line encryptor in support of an NSA initiative to secure and distribute data, at a full 40 gigabits per second line rate, used for government and military missions.

Nov 5 · 12:38:00 PM · Source: Reuters
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by Michael Oliveto

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