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Alliant Techsystems (ATK -3.2%) is lower today after missing the mark on its FQ3 EPS. Profit...

Alliant Techsystems (ATK -3.2%) is lower today after missing the mark on its FQ3 EPS. Profit fell 29% Y/Y as the defense contractor posted weak sales in its aerospace and armament systems segments. Security and sporting sales rose, but not enough to mitigate the shortfall. The company also lowers its FY12 guidance and announces a restructuring.
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