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Fire Ravages Former Japan Prime Minister's House: A Reminder Of The Decades-Old Lockheed Bribery Scandal
Tuesday, January 9, 2024 - 2:19am | 642The residence of the late former Prime Minister Kakuei Tanaka in Tokyo was significantly damaged by fire on Monday. No injuries were reported. What Happened: The fire broke out in a two-story house within the premises of the residence. The police were called to the Bunkyo Ward around 3:20 p.m....
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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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Deutsche Bank Raises FY11 EPS Estimate On LMT
Wednesday, April 27, 2011 - 7:36am | 109Deutsche Bank is raising its FY11 EPS estimate on Lockheed Martin Corporation (NYSE: LMT) to $7.40 (from $7.13) “based solely on a $90M (~$0.26 est. EPS) favorable tax ruling expected to be realized in 2Q10.” “Our 2012 EPS estimate is unchanged, as is our $85 price target, which is based on based...
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Oppenheimer Reiterates Perform Rating, $87 PT On LMT
Wednesday, April 27, 2011 - 7:33am | 135Lockheed Martin Corporation (NYSE: LMT) reported 1Q 2011 EPS of $1.55, “vs. our in-line $1.51E,” Oppenheimer reports. “The beat was on other non-operating income and slightly lower shares vs. our estimates. “Within operations, better sales in Electronic Systems offset lower sales than modeled in...
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J.P. Morgan Raises LMT Target To $83 From $81
Friday, January 28, 2011 - 8:47am | 29J.P. Morgan is raising its PT on Lockheed Martin Corporation (NYSE: LMT) to $83 from $81. Lockheed Martin Corporation closed Thursday at $79.10.
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J.P. Morgan Raising EPS Estimates ON LMT
Friday, January 28, 2011 - 8:37am | 79Lockheed Martin Corporation (NYSE: LMT) reported an in-line Q4 and provided initial 2011 guidance as expected (ex. pension), “and we made few changes to our operating estimates,” J.P. Morgan reports. “However, we are raising our EPS estimates due to a reduction in the assumed tax rate to 30% and...