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  • Lockheed Martin 3rd-qtr profit up, boost guidance Wednesday, 24 Oct 2012 | 11:53 AM ET

    BETHESDA, Md.-- Lockheed Martin Corp. said Wednesday its third-quarter net income rose 4 percent, as lower pension-related costs helped offset a drop in revenue. The results beat Wall Street predictions and the Bethesda, Md.- based aerospace and defense contractor also raised its full-year profit and revenue predictions.

  • China, Better Earnings Push Up Markets Wednesday, 24 Oct 2012 | 9:47 AM ET

    Choppy, choppy...another day with no follow through from the prior day. Futures up all night after the big down day yesterday. It's like every day we wake up and there is no memory of the prior days.

  • Early Glance: Aerospace companies Tuesday, 23 Oct 2012 | 12:10 AM ET

    Boeing fell$. 69 or. 9 percent, to $73.01. Lockheed Martin Corp. fell $1.16 or 1.3 percent, to $91.61. Northrop Grumman Corp. fell$. 82 or 1.2 percent, to $69.38.

  • Manufacturers launch program to hire more veterans Monday, 15 Oct 2012 | 11:08 AM ET

    General Electric and Military Families at Syracuse University are developing a reference guide that employers can use to help them more effectively recruit and mentor veterans.

  • WASHINGTON, Oct 11- Republican Mitt Romney would accelerate spending on new U.S. Navy warships, cut the Pentagon's civilian workforce and speed up development of new weapons systems if he wins the 2012 presidential election, two advisers said on Thursday.

  • *Canadian company D-Wave lands $30 million investment.

  • Lockheed Martin reorganizing, cutting 200 jobs Monday, 8 Oct 2012 | 11:10 AM ET

    BETHESDA, Md.-- Lockheed Martin is reorganizing a portion of its business and cutting about 200 jobs. Lockheed Martin Corp. previously announced that Marillyn Hewson, who currently leads the electronic systems division, will become president and chief operating officer on Jan. 1. Kubasik will become the CEO of Lockheed Martin at the start of the new year.

  • WASHINGTON, Oct 8- The largest U.S. weapons maker, Lockheed Martin Corp, said it plans to split its electronic systems business into two separate operations focused on missiles and training, a move it said would save $50 million and eliminate 200 jobs.

  • SINGAPORE, Oct 8- Indonesia is buying submarines from South Korea and coastal radar systems from China and the United States. Vietnam is getting submarines and combat jets from Russia, while Singapore- the world's fifth-largest weapons importer- is adding to its sophisticated arsenal.

  • PARIS/ FRANKFURT, Oct 5- Tensions over a supermerger between EADS and BAE Systems spilled into the open on Friday and cast doubt on a rapidly approaching deadline as France, Britain and Germany jockeyed over the role of the state in the world's largest aerospace and arms group.

  • Cramer: Makin' Money Post Debate Thursday, 4 Oct 2012 | 6:11 PM ET
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    Like 65 million Americans, Jim watched the debate with an eye toward making you money, tweeting every potential stock idea triggered by either gentleman.

  • Most Expensive Colleges: 2012-2013 Thursday, 4 Oct 2012 | 4:41 PM ET
    Total Cost: $57,580Tuition: $44,176Room & Board: $12,782Fees: $622Bard College is a liberal arts institution in Duchess County, New York.  it ranked no. 8 on Campus Grotto’s list, but this year Bard has fallen two spots to no. 10, despite increasing its asking price by almost $2,000.The  for 2012-2013 is $57,580 for a returning student. First-year students are subject to an additional $1,490 in fees, including meal charges, security deposit and ID card.

    According to Campus Grotto's just-released report on the 2012-2013 year, the top 10 colleges all have an average total cost of more than $55,000 per year.

  • White House discourages layoff warnings Thursday, 4 Oct 2012 | 8:34 AM ET

    WASHINGTON-- The White House is going to great lengths to discourage defense contractors from sending layoff warnings to employees in the days before the presidential election, an effort Republicans are denouncing as politically motivated.

  • Quantum computing firm D-Wave gets $30 mln investment Thursday, 4 Oct 2012 | 5:00 AM ET

    *Canadian company D-Wave lands $30 million investment.

  • Oct 4- Lockheed Martin Corp:. *RBC raises Lockheed Martin Corp price target to $102 from $98; rating. Reuters Station users, click. 1568.

  • EADS-BAE merger could be hostage to U.S. politics Thursday, 4 Oct 2012 | 12:33 AM ET

    WASHINGTON/ LONDON, Oct 3- To win approval for their planned $45 billion merger, EADS and BAE systems must persuade Washington to let a pan-European behemoth control some of the most sensitive U.S. defence contracts, without triggering a political backlash.

  • *New F-35 official, Navy arms buyer visited Lockheed plant. WASHINGTON, Oct 2- Talks between the Pentagon and Lockheed Martin Corp about a fifth order of F-35 fighter planes have been elevated to a senior level as the two sides debate the last $100- million- plus dividing them, according to multiple sources familiar with the discussions.

  • 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.

  • WASHINGTON, Oct 1- The White House got some good news on Monday when Lockheed Martin said it would not issue notices of possible job reductions before the Nov. 6 election.