Lockheed Martin Slashes FY22 Outlook - Update
(RTTNews) - While reporting financial results for the second quarter on Tuesday, Lockheed Martin Corp. (LMT) slashed its earnings and net sales guidance for the full-year 2022.
For fiscal 2022, the company now projects earnings of about $21.55 per share on net sales of about $65.25 billion. Previously, the company expected earnings of about $26.70 per share on net sales of about $66.00 billion.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $26.85 per share on net sales of $65.98 billion for the year. Analysts' estimates typically exclude special items.
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FTAI To Buy Lockheed Martin Commercial Engines Solutions From Lockheed Martin Canada For $170 Mln
FTAI Aviation Ltd. (FTAI) announced Thursday an agreement to purchase Lockheed Martin Commercial Engine Solutions or LMCES, from Lockheed Martin Canada Corp. for a purchase price of $170 million.
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Před 32 dny
Lockheed Martin Boosts FY23 Outlook - Update
While reporting financial results for the second quarter on Tuesday, security and aerospace company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2023.
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Před 349 dny
Asian Markets Trading Mixed
Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from global markets overnight, as traders seemed reluctant to make significant moves ahead of key US employment data later in the week, which is expected to show a slowdown in the pace of job growth in June, could impact the outlook for interest rates. Asian markets closed mostly higher on Monday.
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Před 5 h 21 min
Sensex, Nifty Seen Tad Lower At Open As Oil Prices Surge
Indian shares may open a tad lower on Tuesday as oil traded near a two-month high amid an escalation in tensions in the Middle East and concerns over the rapid start to the Atlantic hurricane season.
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Před 6 h 3 min
Japanese Market Notably Higher
Adding to the gains in the previous two sessions, the Japanese stock market is notably higher on Tuesday, with the Nikkei 225 moving above the 39,800 level, following the broadly positive cues from global markets overnight, with gains in index heavyweights, exporters and financial stocks. The Yen also hit a fresh 38-year low against the US dollar.
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Před 6 h 3 min
Thai Stock Market Due For Support On Tuesday
The Thai stock market has moved lower in three straight sessions, slipping more than 20 points or 1.5 percent along the way. The Stock Exchange of Thailand now rests just beneath the 1,300-point plateau although it may stop the bleeding on Tuesday.
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Před 6 h 30 min
Overbought Indonesia Bourse Nonetheless Called Higher
The Indonesia stock market has moved higher in four straight sessions, collecting more than 250 points or 3.7 percent along the way. The Jakarta Composite Index now rests just beneath the 7,140-point plateau and it's tipped to open in the green again on Tuesday.
The global forecast for the Asian markets suggests little movement ahead of key U.S. employment data later this week. The European and U.S. markets finished slightly higher and the Asian markets figure to follow suit.
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Před 7 h 0 min
Australian Market Slightly Lower
Adding to the losses in the previous session, the Australian stock market is trading slightly lower on Tuesday, despite the broadly positive cues from global markets overnight. The benchmark S&P/ASX 200 is staying well below the 7,800 level, with weakness is financial stocks as traders cautiously await the minutes of the Reserve Bank of Australia's June monetary policy meeting.
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Před 7 h 14 min
