Update 1: Lockheed to Cut 4Q Earnings on Suit Loss
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Lockheed Martin Corp. Monday said a court ruling in its dispute with the Department of Energy and the state of Idaho will reduce fourth-quarter earnings by $110 million.
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The largest US defence contractor will take a $110 million US charge against its fourth quarter earnings after losing a court bid to salvage at least some of the money it pumped into a failed nuclear waste cleanup project in eastern
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No. 1 U.S. defense contractor Lockheed Martin Corp.  reported a 41 percent rise in quarterly profit on Tuesday, beating Wall Street forecasts, as demand soared for its combat aircraft and information technology services.
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Reported profit of $44 million for third quarter over a loss of $31 million a year ago and predicts 10% increase in sales for the 4th quarter.
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Cardinal Health Inc. said it will cut 4,200 jobs as part of a three-year restructuring plan aimed at boosting annual earnings by $500 million.
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Lockheed Martin Corp., the No. 1 U.S.  defense contractor, on Thursday posted an 8 percent jump in  quarterly profit, helped by sales of Patriot missiles and other  products made by its electronic systems business.
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Levi Strauss &amp; Co. swung to a quarterly profit on Tuesday, citing cost cuts and a weaker dollar as the struggling jeans maker closed out poor-performing products to
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Lockheed Martin Corp. , the world's No. 1 defense contractor, on Tuesday reported a greater-than-expected 34 percent rise in second-quarter profit, helped by higher revenue from its combat aircraft and electronic systems units and lower pension costs.
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- Aerospace and industrial components maker Barnes Group Inc's  quarterly profit fell 5 percent hurt by charges related to realignment of the product mix at its industrial unit and additional tax expenses, and forecast 2008 earnings below Wall Street expectations.
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NEW YORK (CBS.MW) - Defense giant Lockheed Martin Corp. on Tuesday reported a sharp increase in third-quarter profit as sales rose in aerospace and most other key segments.
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JDS Uniphase Inc.   on Tuesday said it expects to post a wider quarterly loss than previously projected, citing factors including a revenue decline from a major customer for consumer optics and display products.
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Retailer Macy's Inc.  cut its quarterly profit outlook on Thursday as June same-store sales came in lower than expected, and its shares fell nearly 4 percent.
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Diversified manufacturer Illinois Tool Works Inc.  on Friday warned it was cutting its forecast profit range for the fourth quarter, citing expected weakness in the North American market.
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Lockheed Martin Corp's LMT.N F-35   Joint Strike Fighter program, the costliest U.S. arms   acquisition project, may fall victim to affordability setbacks   as a result of possible congressional budget cuts, a company   official said on Wednesday.
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Sears, Roebuck and Co.  on Tuesday said it would restate its fourth-quarter 2004 earnings, cutting them by 5 cents to 10 cents a share, due to an error in accounting for construction allowances.
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Fourth-quarter earnings dropped 30 percent to $128.9 million on restructuring and other charges, but the results still beat analystsâ estimates.
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The electronics retailer reported a $54.6 million first-quarter loss and withdrew its financial guidance for fiscal 2008 as it cut jobs and revamped.