Wednesday, October 27, 2010

Market News: Lockheed Martin (NYSE:LMT), Raytheon (NYSE:RTN), Morgan Stanley (NYSE:MS)

Here is another batch of stock briefings which may affect trading on world markets later today. The following listed companies should see some movement: Lockheed Martin (NYSE:LMT), Raytheon (NYSE:RTN), Morgan Stanley (NYSE:MS). Here is a more detailed look at the news that will affect each company when trading continues. Lockheed Martin (NYSE:LMT) GeoEye Imagery Collection Systems Inc., has signed an agreement with Lockheed Martin (NYSE:LMT) Space Systems Company. Under this new agreement with GeoEye Imagery Collection Systems Inc., Lockheed Martin (NYSE:LMT) has agreed to complete the development and construction of the GeoEye-2 satellite and its control systems. Lockheed Martin (NYSE:LMT) has also entered into a contract with GeoEye to perform long-lead development and procurement activities for the GeoEye-2 satellites. Matt O’Connell, GeoEye’s CEO and president, said, “We are pleased to have a finalized contract to ensure that Lockheed Martin (NYSE:LMT) will meet our delivery schedule on time and on budget." Raytheon (NYSE:RTN) Raytheon (NYSE:RTN) and Boeing team have completed a key flight test for building Joint Air-to-Ground Missiles (JAGM). JAGM, military’s next-generation ground-attack missile system has been tested by Raytheon (NYSE:RTN) and Boeing team on Boeing’s F/A-18 E/F Super Hornet fighter jets. Raytheon (NYSE:RTN)  said," The flight tests are a crucial first step toward qualifying JAGM for use on the Super Hornet." A contract decision on JAGM has planned to replace the aging Hellfire, Maverick and TOW missile systems. Morgan Stanley (NYSE:MS) Morgan Stanley (NYSE:MS) has moved to the top spot among advisers on financial mergers. Morgan Stanley (NYSE:MS) has gone from fourth to first for financial M&A consulting according to the announcement made by the Singapore Exchange's on 25th October.  Neil Katkov said that The Singapore Exchange transaction "is a significant M&A opportunity both because it's a large deal and also because it's financial services." The proposed cash and stock has raised objections from the shareholders and Australian politicians. In this year in Asia-Pacific Morgan Stanley (NYSE:MS) has advised on 18 mergers and acquisitions between financial companies. We may see more movement when trading continues for Lockheed Martin (NYSE:LMT), Raytheon (NYSE:RTN) and Morgan Stanley (NYSE:MS).
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