Market Currents

• Tuesday, October 27, 2009

• 08:19 AM L-3 Communications (LLL): Q3 EPS of $2.12 beats by $0.27. Revenue of $3.84B (+4.9%) in-line. (PR) 1 Comment
• 00:05 AM Notable pre-market earnings: AGCO, AKS, AMTD, AVY, BEAV, BEN, BJS, BP, BYD, CE, CP, CPO, CTV, CVG, ECL, ELNK, ENTG, FE, FPL, GIGM, HSP, IACI, ICON, JCI, LIFE, LLL, PCAR, SAH, TXT, VLO, WYNN, X Comment!

• Tuesday, October 13, 2009

• 14:12 PM With U.S. spending cuts, and a shift away from traditional weapons programs to counterinsurgency and security networks, eyes are on defense contractor earnings next week (LMT, RTN, GR, LLL) - particularly outlooks, which are expected to be flat. Comment!

• Thursday, September 24, 2009

• 10:44 AM JPMorgan drops L-3 Communications (LLL -1.5%) to Neutral from Overweight, noting military contractors are starting to see a drop in government spending. "This weakness appears to be partially driven by slow contract execution due to the change of administration, but we also believe it is the beginning of the broader slowdown," firm says. Comment!

• Thursday, July 23, 2009

• 09:02 AM L-3 Communications (LLL): Q2 EPS of $1.90 beats by $0.13. Revenue of $3.9B (+5.6%) vs. $3.8B. Shares +2.4% premarket. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ALXN, BG, BLL, BMY, CBE, CELG, CLS, CME, DHR, DO, ECA, EMC, ESI, ESV, F, FITB, FLIR, GR, HBAN, HOT, HSY, IGT, JBLU, KMB, LCC, LLL, MMM, NCR, NEM, NIHD, NOC, NUE, NYT, OMC, ORI, OXY, PLD, PM, PNC, POT, R, RAI, RS, RTN, RX, SIAL, SPNC, T, TIN, TMO, TRA, UNP, UPS, WYE, XRX, ZMH Comment!

• Thursday, April 23, 2009

• 07:40 AM L-3 Communications (LLL): Q1 EPS of $1.66 beats by $0.03. Revenue of $3.64B (+3.7%) in-line. Reaffirms full-year guidance. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: ABC, ALXN, AN, AVT, BDK, BG, BLL, CBE, CIT, CLS, CME, CNX, COP, CP, DHR, DO, EMC, ESI, ESV, EXC, FITB, GMT, GR, HSY, IGT, IVZ, JNS, LCC, LLL, MAR, MI, NCR, NCX, NIHD, NOV, NUE, OMTR, OXY, PENN, PM, PNC, POT, RCL, RS, RSH, RTN, RX, SCG, SEIC, SIAL, STI, SU, SVU, TCB, TMO, UNP, UPS, ZMH 1 Comment

• Thursday, January 29, 2009

• 07:36 AM L-3 Communications (LLL): Q4 EPS of $2.04 beats by $0.10. Revenue of $4.01B (+5.4%) vs. $3.87B. (PR) Comment!
• 00:05 AM Notable earnings before Thursday's open: AEP, AMB, AN, AZN, BC, BDK, BLL, CAL, CELG, CL, CNX, D, EK, EQT, ERIC, F, FCS, FO, GNTX, HOT, HP, IP, ITW, JBLU, LCC, LEA, LLL, LLY, MMM, MO, MPW, NWL, OSK, OXY, PCZ, RCL, RDS.A, RTN, SEIC, SII, SNE, TKR, TROW, TXT, XEL, YRCW, ZMH Comment!

• Thursday, October 23, 2008

• 00:05 AM Notable earnings before Thursday's open: AAI, ALK, ALXN, AMTD, AUO, AVT, BC, BEN, BG, BMY, CBE, CCE, CELG, CNX, DO, DOW, ECA, ECL, ELN, EME, EPD, EQT, ESI, ESV, F, FLIR, GR, HOT, JBLU, JCI, JNS, LCC, LH, LLL, LLY, LTM, LVLT, MO, NIHD, NOV, NYT, ORI, PCZ, PDS, PLD, POT, RGC, RHD, RSH, RTN, RX, SO, STI, TMO, TRA, UNP, UPS, XEL, XRX, ZMH Comment!

• Thursday, July 24, 2008

• 07:56 AM L-3 Communications (LLL): Q2 EPS of $1.67 beats by $0.04. Revenue of $3.72B (+9.2%) vs. $3.66B. Shares +0.2%. [PR] Comment!
• 00:03 AM Notable earnings before Thursday's open II: LEE, LH, LLL, LLY, LUV, LVLT, MHS, MMM, MNI, MWV, NCC, NEM, ORI, OXY, PCZ, PENN, PLD, POT, REDF, RGC, ROH, RSH, RTN, SI, SII, SNA, SNV, SU, TASR, TMO, TRA, TRAD, TSCM, UNP, UST, XRX Comment!

• Wednesday, May 28, 2008

• 12:08 PM Harris Corp. (HRS +0.5%) in talks with multiple parties, looking for $70-75  (now $63.50). General Dynamics (GD) is a possible buyer, probably not L-3 (LLL) or  Lockheed Martin (LMT). Comment!