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Aside from Medicare-dependent firms (I, II), defense contractors (PAA -1.2%) also have much to...
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Monday, August 1, 2011, 4:33 PM ETAside from Medicare-dependent firms (I, II), defense contractors (PAA -1.2%) also have much to fear from "devastating" cuts via a debt deal. The Pentagon would take fully 50% of cuts imposed by any triggered second round of $1.2T in cuts, Lazard analyst Michael Lewis warns. LMT -1.7%, RTN -0.9%, NOC -1.5%, GD -0.9%, SAI -2.7%, LLL -3.2%.
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