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A Defense Sector Pair Trade From Goldman Sachs
Tuesday, September 8, 2015 - 1:04pm | 280Harris Corporation (NYSE: HRS) gained 5.7 percent year-to-date, while Orbital ATK Inc (NYSE: OA) and L-3 Communications Holdings, Inc. (NYSE: LLL) have declined 34 and 16 percent, respectively. Goldman Sachs' analyst Noah Poponak upgraded Harris and Orbital ATK to Buy from Neutral, while he...
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Jefferies Changes Estimates On L-3 Comm.
Friday, April 1, 2011 - 7:53am | 118According to Jefferies, L-3 Comm. Hldings (NYSE: LLL) continues to follow a conservative path during a period of uncertainties in its markets. Jefferies reported that its top five programs account for about 12% of revenues, with the largest being work at Ft. Rucker, for a little over $400 milion...
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Oppenheimer Downgrades LLL To Underperform
Monday, March 28, 2011 - 8:17am | 90Oppenheimer has downgraded L-3 Communications Holdings (NYSE: LLL) from Perform to Underperform. According to Oppenheimer, "We are downgrading LLL to Underperform from Perform on declining growth trends at the company, a dependency on O&M budget accounts, which we see as more at risk as...
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Private Security Screeners Could Replace TSA Employees (TYC, OSIS, LLL)
Friday, January 14, 2011 - 3:50pm | 428The battle for proper airport security is beginning to heat up again now that airports are strongly considering the potential for private security. Currently, there are 17 airports in the United States – including Kansas City International Airport – that have replaced the traditional TSA screeners...
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Oppenheimer's Takeaways From L-3 Communications Holdings Investor Conference
Thursday, December 9, 2010 - 9:30am | 91Oppenheimer published its report on L-3 Communication Holdings (NYSE: LLL) after LLL's Investor Conference on Tuesday. In a note to clients, Oppenheimer writes, "Guidance for 2010 was unchanged, with a sizeable range of $8.05-8.25 for EPS, vs. our $8.13 (vs. prior $8.09) and consensus $8.19....