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L3Harris


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REUTERS NEWS SCHEDULE AT 9 p.m. GMT/ 5 p.m. ET

REUTERS NEWS SCHEDULE AT 9 p.m. GMT/ 5 p.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 9 p.m. GMT/ 5 p.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL USA-ELECTION-HARRIS-GASA Pro-Palestinian DNC convention delegates seek Israel arms embargo CHICAGO, Aug 18 (Reuters) - Dozens of Muslim delegates and their allies, angry at U.S.
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REUTERS NEWS SCHEDULE AT 6 a.m. GMT/ 2 a.m. ET

REUTERS NEWS SCHEDULE AT 6 a.m. GMT/ 2 a.m. ET Here are the top stories and upcoming coverage plans for Reuters text service as of 6 a.m. GMT/ 2 a.m. ET. For a full schedule of news and events, go to our editorial calendar on Reuters Connect or on Media Express . TOP STORIES GLOBAL ISRAEL-PALESTINIANS-BLINKEN Blinken to arrive in Israel as US pushes for Gaza ceasefire WASHINGTON - U.S.
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Lockheed to buy satellite products maker Terran in $450 mln deal

Lockheed to buy satellite products maker Terran in $450 mln deal Aug 15 (Reuters) - Lockheed Martin LMT.N on Thursday agreed to acquire satellite products maker Terran Orbital LLAP.N in a $450 million deal, months after the defense contractor withdrew it previous bid to take it private. Lockheed will pay 25 cents per share in cash, representing a 37.5% discount to Terran's last close.
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U.S. STOCKS Progressive, Serve Robotics, Palo Alto Networks

BUZZ-U.S. STOCKS ON THE MOVE-Progressive, Serve Robotics, Palo Alto Networks Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday as Alphabet slid and as signs of moderating inflation kept bets intact that the U.S.
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U.S. STOCKS Allstate, Progressive, Serve Robotics

BUZZ-U.S. STOCKS ON THE MOVE-Allstate, Progressive, Serve Robotics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were mixed on Wednesday, as Alphabet slid and as signs of moderating inflation kept bets alive that the U.S.
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RBC downgrades L3Harris on slower growth

BUZZ-RBC downgrades L3Harris on slower growth ** RBC Capital Markets downgrades L3Harris LHX.N to "sector perform" from "outperform" citing slower growth than peers ** LHX marginally down at $227 ** Brokerage says there is limited potential for margin expansion ** Lowers PT by $10 to $240, still 5% upside to stock's last close ** Out of 25 brokerag
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Lockheed Martin, General Dynamics to build their own rocket motors

UPDATE 1-Lockheed Martin, General Dynamics to build their own rocket motors Adds details throughout Aug 13 (Reuters) - Lockheed Martin said on Tuesday it had signed an agreement with peer General Dynamics to build solid rocket motors, which propel missiles, amid surgi ng demand driven by conflicts in Ukraine and t he Middle East . E fforts to replenish U.S.
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Viasat raises fiscal 2025 revenue forecast on boost from aviation, defense markets

Viasat raises fiscal 2025 revenue forecast on boost from aviation, defense markets Aug 7 (Reuters) - Viasat VSAT.O raised its fiscal year 2025 revenue forecast on Wednesday, indicating a surge in demand for the satellite communications company's connectivity solutions from the aviation and defense markets. The California-based company has benefited from a growing need for constant connectivity and robust security solutions as it offers in-flight connectivity and data encryption, among other prod
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3M appoints Otis executive Maheshwari as its new CFO

UPDATE 2-3M appoints Otis executive Maheshwari as its new CFO Adds details throughout Aug 1 (Reuters) - Industrial giant 3M Co MMM.N on Thursday appointed elevator maker Otis Worldwide OTIS.N executive Anurag Maheshwari as its chief financial officer, succeeding Monish Patolawala, who was in the role for four years. Maheshwari would assume the role on Sept.
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U.S. Hubspot, McDonald's, Tesla

U.S. RESEARCH ROUNDUP- Hubspot, McDonald's, Tesla July 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Hubspot, McDonald's and Tesla, on Tuesday. HIGHLIGHTS * Ameriprise Financial Inc AMP.N : KBW cuts target price to $460 from $470 * First Citizens Bancshares FCNCA.O : Jefferies raises target price to $2,460 from $2,005 * Hubspot Inc HUBS.N : TD Cowen cuts target price to $600 from $680 * McDonald's MCD.N : Piper
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U.S. STOCKS Saia, Ultra Clean, CBRE Group

BUZZ-U.S. STOCKS ON THE MOVE-Saia, Ultra Clean, CBRE Group Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street bounced back on Friday as megacap tech and chip stocks recovered from the week's pummeling, while a largely in-line key inflation reading kept bets for an early start to interest-rate cuts alive.
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3M shares soar as strong results highlight cost cuts, growth push

UPDATE 4-3M shares soar as strong results highlight cost cuts, growth push Adds graphic By Kannaki Deka July 26 (Reuters) - 3M's MMM.N shares soared to a near two-year high on Friday following the industrial conglomerate's quarterly results that underscored its focus on investing in high-growth businesses and reigniting the company's storied history of product innovation.
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L3Harris Technologies Inc reports results for the quarter ended in June - Earnings Summary

L3Harris Technologies Inc reports results for the quarter ended in June - Earnings Summary L3Harris Technologies Inc LHX.N reported quarterly adjusted earnings of $3.24​​ per share for the quarter ended in June, higher than the same quarter last year, when the company reported EPS of $2.97. The mean expectation of twenty three analysts for the quarter was for earnings of $3.18 per share.
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L3Harris raises 2024 outlook amid global tensions

L3Harris raises 2024 outlook amid global tensions July 25 (Reuters) - L3Harris LHX.N raised its outlook for 2024 after beating Wall Street estimates for second-quarter profit on Thursday, betting on sustained weapons demand and robust defense spending amid escalating global security concerns. The defense firm raised its 2024 adjusted profit forecast to be between $12.85 and $13.15 per share, up from its previous range of $12.70 to $13.05. Analysts were expecting $12.97 per share, according to LS
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L3Harris Q2 Adjusted EPS USD 3.24 Vs. IBES Estimate USD 3.18

BRIEF-L3Harris Q2 Adjusted EPS USD 3.24 Vs. IBES Estimate USD 3.18 Jul 25 (Reuters) - L3Harris Q2 EPS USD 1.92. Q2 operating cash flow USD 714 million Q2 adjusted EBIT USD 825 million vs. IBES estimate USD 794.3 million Q2 revenue USD 5,299 million vs. IBES estimate USD 5,298 million outlook FY revenue USD 7,000 million outlook FY adjusted EPS USD
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Northrop Grumman lifts 2024 earnings forecast on weapons demand

UPDATE 2-Northrop Grumman lifts 2024 earnings forecast on weapons demand Updates shares, adds analyst comment in 11th paragraph By Pratyush Thakur and Mike Stone July 25 (Reuters) - U.S. defense company Northrop Grumman NOC.N raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong backlog.
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Northrop Grumman lifts 2024 earnings forecast on weapons demand

CORRECTED-UPDATE 1-Northrop Grumman lifts 2024 earnings forecast on weapons demand In third paragraph adds dropped word "dollars" and changes "meaningfully" to "annually", adds dropped word "estimate" to 10th paragraph By Pratyush Thakur and Mike Stone July 25 (Reuters) - U.S. defense company Northrop Grumman NOC.N raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong backlog.
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Northrop Grumman lifts 2024 earnings forecast on weapons demand

Northrop Grumman lifts 2024 earnings forecast on weapons demand By Pratyush Thakur and Mike Stone July 25 (Reuters) - U.S. defense company Northrop Grumman NOC.N raised its forecast for full-year revenue and profit on Thursday, amid increased global defense spending and a strong backlog. The ongoing war in Ukraine has fueled a strong demand for U.S. weaponry in Europe, with nations actively engaged in negotiations and striking deals to acquire arms and looking to speed up ongoing contracts.
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L3Harris Technologies Inc <LHX.N> expected to post earnings of $3.18 a share - Earnings Preview

L3Harris Technologies Inc expected to post earnings of $3.18 a share - Earnings Preview L3Harris Technologies Inc LHX.N , LHX is expected to show a rise in quarterly revenue when it reports results on July 25 for the period ending June 30 2024 The Melbourne Florida Florida-based company is expected to report a 12.9% increase in revenue to $5.298 billion from $4.69 billion a year ago, according to the mean estimate from 20 analysts, based on LSEG data.
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3M CFO Patolawala to leave company, to serve as ADM's new finance chief

UPDATE 4-ADM names 3M's Patolawala as its CFO amid US government investigation Recasts paragraph 1, adds details and background between paragraphs 4-9 July 10 (Reuters) - Archer-Daniels-Midland ADM.N named manufacturing giant 3M's MMM.N Monish Patolawala as its CFO on Wednesday, as the grain trader tries to steer its way through multiple U.S. government investigations related to accounting irregularities.
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