General Dynamics Corp
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*Adjusted EPS for Q4 was $1.39, down from $1.68 year-earlier. WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.
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WASHINGTON, Jan 23- Weapons and aircraft maker General Dynamics Corp reported a loss from continuing operations and lower-than-expected revenue in the fourth quarter of 2012, as declining demand and shrinking government orders hammered the company's results.
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A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
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WASHINGTON, Jan 2- Pentagon officials and weapons makers on Wednesday expressed relief after Congress approved a two-month delay in huge budget cuts, but warned that a longer-term fiscal solution is urgently needed to lift the uncertainty hanging over the sector. "Congress has prevented the worst possible outcome by delaying sequestration for two months.
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Dec 28- Investors fearing a stock market plunge- if the United States tumbles off the "fiscal cliff" next week- may want to relax. But they should be scared if a few weeks later, Washington fails to reach a deal to increase the nation's debt ceiling because that raises the threat of a default, another credit downgrade and a panic in the financial markets.
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But they should be scared if a few weeks later Washington fails to reach a deal to raise the nation's debt ceiling as that threatens a default, another credit downgrade and a financial markets panic. In some ways, that has let Washington off the hook.
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WASHINGTON, Dec 27- The U.S. Navy last week awarded submarine contracts worth up to $4.5 billion to General Dynamics Corp and Huntington Ingalls Industries Inc., securing the funds from automatic budget cuts if Congress cannot reach agreement on other ways to reduce U.S. deficits.
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The "Fast Money" traders share their first moves for tomorrow.
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The CNBC "Fast Money" traders pick stocks that would likely benefit from a budget deal being reached in Washington.
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It's time to buy into a stock heavily exposed to "fiscal cliff" risk, Pimco's Neel Kashkari says.
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*Outlook clouded by possible Pentagon 10 percent purchase cuts. WASHINGTON, Dec 5- U.S. aerospace and arms companies are poised for 2.8 percent overall sales growth next year to about $224 billion, which would mark their 10th straight year of growth, barring steep Pentagon budget cuts, the industry's chief trade group said on Wednesday.
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NEW YORK, Nov 28- The Pentagon's chief weapons buyer on Wednesday reassured industry executives and investors that there was still "a lot of money" to be made in the defense business, despite mounting budget pressures that will limit spending on new arms programs.
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A looming increase in taxes could force the hand of some companies to issue special dividends before year end, making it a record year for payouts, but which ones?
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Perhaps no industry has been as male dominated as the defense industry. Now, two major contractors, including the largest defense company in the world, will soon be led by women.
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Oct 25- Spirit AeroSystems Holdings Inc on Thursday warned of sizeable cost overruns on parts it supplies to major aircraft makers, sending its stock tumbling more than 30 percent.
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*Expects $1.82 per-share charge in Q3. Oct 25- Spirit AeroSystems Holdings Inc sounded an alarm Thursday about sizable cost overruns on parts it supplies to major aircraft makers, news that sent its stock tumbling more than 30 percent in active trading.
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*Boeing shares down 0.3 pct, General Dynamics up 2.3 pct. Lockheed Martin Corp, Boeing Co's defense division and Northrop Grumman Corp reported higher earnings and solid margins despite weakening sales.
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Boeing shares up 1 pct, General Dynamics up 3.7 pct. Lockheed Martin Corp, Boeing Co's defense division and Northrop Grumman Corp reported higher earnings and strong margins despite weakening sales, driving their shares higher on the New York Stock Exchange.
