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Tag: aerospace and defense

Enterprise, Industries

Lockheed shares drop 3.5 pct after completing spin-off

August 17, 2016

Via: CNBC

Shares of Lockheed Martin closed more than 3.5 percent lower Tuesday after it announced the separation of its IT services business. “It’ll be somewhat dilutive to earnings but it allows them to exit a lower-margin business they felt was structurally […]