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BUSINESS BRIEFS.(TO THE POINT)
DEFENSE
TRW OKs Northrop's $7.8 bil bid
Defense firm Northrop Grumman will buy defense and auto parts firm TRW. It sweetened the offer several times. The deal helps Northrop in satellite communications and missile systems. Northrop will shed TRW's auto parts ops. Regulators should OK the deal, analysts said. TRW lost under 1%. Northrop fell 5%.
Raytheon ups power plant loss
The defense contractor raised by about 50% to over $1.2 bil its loss estimate on the last two power plants it'll build. Raytheon blamed contractors that aren't motivated to finish. The projects are part of discontinued ops Raytheon sold in July '00 but still must build. It fell 9%.
TRANSPORATION
US Air pilots union leaves talks
- All Star Analysts Portfolio Highlights: Commercial Capital Bancorp, Home Depot,...
- Press release article from: Business Wire October 9, 2003 700+ words
...The Home Depot (NYSE:HD), Northrop Grumman Corporation (NYSE:NOC) and...18.0 billion and comparable store sales increased +2.2%. Several...better results with Home Depot. Northrop Grumman Corporation (NYSE:NOC) is...
- Zacks Buy List Highlights: Broadcom Corporation, Northrop Grumman, Aeropostale,...
- Press release article from: Business Wire February 11, 2004 700+ words
...space technology. Northrop Grumman recently reported...billion for the year. Northrop Grumman has enjoyed many...financial performance. Northrop Grumman appears to have momentum...addition, same-store sales surged by +17...
- Schaeffer's Option Bytes Features Caterpillar, Altria, Target, Northrop...
- Press release article from: Business Wire August 24, 2004 700+ words
...Target (NYSE:TGT), Northrop Grumman (NYSE:NOC), and...disappointing same-store sales reports yesterday. TGT announced that same-store sales would be flat- to...16 AM Investor Add Northrop Grumman Puts Puts traded briskly...
- Zacks Analyst Blog Highlights: Yum! Brands Inc., Caterpillar Inc., United...
- Press release article from: Business Wire July 24, 2008 700+ words
...Service, Inc. (NYSE: UPS), Northrop Grumman Corporation (NYSE: NOC) and...showing signs of revival as same-store sales turned positive in 1Q08. Reinvigorating...dividend. Bullish Outlook for NOC Northrop Grumman Corporation (NYSE: NOC) offers...
- Northrop Grumman Expects TRW Acquisition To Close By End of Year.(Brief Article)
- Newspaper article from: Defense Daily July 2, 2002 700+ words
By Frank Wolfe Northrop Grumman [NOC] said yesterday that it...hurdles to the transaction. Northrop Grumman CEO Kent Kresa told reporters...said that he did not expect that Northrop Grumman will be required to divest any...
- Northrop Grumman Sets the Record Straight Concerning the U.S. Air Force KC-45A...
- Press release article from: PR Newswire March 10, 2008 700+ words
...PRNewswire-FirstCall/ -- Northrop Grumman Corporation said today that...Force's selection of the Northrop Grumman KC-45A, numerous erroneous...the media and in Congress. Northrop Grumman wants to set the record straight...
- Northrop Grumman's German Subsidiary Changes Name to Northrop Grumman LITEF.
- Press release article from: PR Newswire June 18, 2008 700+ words
...18 /PRNewswire-FirstCall/ -- Northrop Grumman Corporation has announced that its...Germany has changed its name to Northrop Grumman LITEF GmbH, to enhance its visibility...defense and technology company. "Northrop Grumman LITEF is a major contributor to the...
- Northrop Grumman Reaches Agreement With Justice Department on Acquisition of...
- Press release article from: PR Newswire December 10, 2002 700+ words
Northrop Grumman Corporation announced today that...of any businesses and will permit Northrop Grumman to operate its businesses and those...acquisition of TRW," said Kent Kresa, Northrop Grumman chairman and chief executive officer...