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Harris Corp

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  • Lockheed sees double-digit growth in cyber business Wednesday, 18 Feb 2015 | 8:37 PM ET

    WASHINGTON, Feb 18- Lockheed Martin Corp, the No. 1 provider of information technology to the U.S. government, said it expected double-digit growth in its overall cybersecurity business over the next three to five years, and even bigger gains in the commercial sector. Lockheed, also the Pentagon's biggest supplier, said it was making strong inroads in the...

  • *GoPro stumbles after results, COO resignation. NEW YORK, Feb 6- U.S. stocks advanced on Friday, after a stronger-than-expected monthly payrolls report lent weight to a belief that the U.S. "The wage growth appears to be the breakthrough that bulls were looking for to say the economy can actually be self sustaining," said Jack Ablin, chief investment officer at BMO...

  • *GoPro stumbles after results, COO resignation. NEW YORK, Feb 6- U.S. stocks were little changed shortly after the open on Friday, after a stronger-than-expected monthly payrolls report lent weight to a belief that the U.S. "It was decent, the revision was definitely good," said Scott Wren, senior global equity strategist at Wells Fargo Investment Institute in St....

  • *GoPro stumbles after results, COO resignation. NEW YORK, Feb 6- U.S. stocks were set to advance at the open on Friday, putting the S&P 500 on track to extend its best weekly gain in seven, after a stronger-than-expected monthly payrolls report. "It was decent, the revision was definitely good," said Scott Wren, senior global equity strategist at Wells Fargo Investment...

  • Feb 6- Harris Corp said it would buy Exelis Inc in a deal valued at about $4.75 billion, combining two big suppliers to the U.S. military at a time when the government is squeezing spending on defense. Exelis, spun off from ITT Corp in 2011, makes antennas for military aircraft, domes for Navy ships, sonar systems and GPS navigation systems. The total offer of $23.75 per...

  • Feb 6- Communications equipment maker Harris Corp said it would buy defense contractor Exelis Inc in a cash-and-stock deal valued at about $4.75 billion. The offer of $23.75 per share is a premium of about 34 percent to Exelis's Thursday close, and values the company at about $4.44 billion based on Exelis's shares outstanding as of Oct. 28. McLean, Virginia- based...

  • Feb 6- Communications equipment maker Harris Corp said it would buy defense contractor Exelis Inc in a cash-and-stock deal valued at about $4.75 billion. The offer of $23.75 per share is a premium of about 34 percent to Exelis's Thursday close, and values the company at about $4.44 billion based on Exelis's shares outstanding as of Oct. 28. Exelis makes...

  • The fire forced the evacuation of the FAA control center in Aurora, Illinois on Sept. 26. Operations were slowly returned to near normal at O'Hare International Airport and Chicago Midway International Airport in the days after the fire by shifting nearly 200 workers and responsibilities to other sites, the FAA has said. Harris Corp, the FAA telecommunications...

  • WASHINGTON, Sept 29- The U.S. aviation safety agency's top official said on Monday he has asked for a review of all U.S. air traffic control contingency plans and security policies, following a fire on Friday that crippled air travel over much of the Midwestern U.S.

  • WASHINGTON, Sept 28- The Federal Aviation Administration said on Sunday that it has set a target of October 13 to restore to service a Chicago- area air traffic control site that was set ablaze by a field technician, as delays and cancellations continued at Chicago airports.

  • Harris says working 24/7 to restore Chicago FAA site Sunday, 28 Sep 2014 | 3:35 PM ET

    WASHINGTON, Sept 28- Harris Corp on Sunday said it was working to install new equipment and conduct repairs at a Chicago- area air traffic control site that was set ablaze by a field technician on Friday in an incident that has continued to snarl U.S. air traffic over the weekend.

  • How the SpaceX economy can make you money Monday, 25 Aug 2014 | 8:00 AM ET

    Spaceflight remains a dream for most stargazers, but everyone can buy a portfolio of stocks to invest in space travel of the future.

  • Early Movers: SIRI, AA, IBM, DELL, MSFT & More Tuesday, 9 Jul 2013 | 7:41 AM ET

    Some of the names on the move ahead of the open.

  • Cramer: This Defense Stock Not Like Others Tuesday, 18 Jun 2013 | 6:27 PM ET

    Not all defense contractors should be painted with the same brush. Not by a long shot.

  • Midday Movers: KBH, ABX & More Friday, 12 Apr 2013 | 12:58 PM ET

    Take a look at some of Friday's midday movers:

  • Early Movers: JPM, GPS, HD & More Friday, 12 Apr 2013 | 8:28 AM ET

    Some of the names on the move ahead of the open.

  • Harris shares fall after Lazard downgrade Monday, 15 Oct 2012 | 2:16 PM ET

    Harris Corp.' s shares fell in trading Monday after a Lazard Capital Markets analyst downgraded his rating on the communication and information technology company's stock, citing worries about weaker revenue.

  • Quest Diagnostics cutting 400 to 600 jobs Thursday, 11 Oct 2012 | 5:38 PM ET

    MADISON, N.J.-- Medical laboratory operator Quest Diagnostics Inc. said Thursday it will cut 400 to 600 management positions and reorganize its business. Quest expects to take $15 million to $20 million in charges associated with the restructuring and job cuts.

  • *Says established a new $1 billion five-year senior unsecured revolving credit. *Says new credit facility replaces harris' prior $750 million five-year senior. syndicate of lenders- SEC filing.

  • WASHINGTON, Oct 2- Tighter military budgets in the United States and Europe reduced the revenues of top weapons makers by one percent in the first half of the year and are likely to continue to depress sales in the full year, a new study by Deloitte LLC showed.