ADVFN - Advanced Financial Network.
HOME» NYSE » L » LLL Stock Price » LLL Stock News

L3 Comm Share News

 L-3 Communications Holdings, Inc. Stock Price
LLL Stock Price
 L-3 Communications Holdings, Inc. Stock Chart
LLL Stock Chart
 L-3 Communications Holdings, Inc. Stock News
LLL Stock News
 L-3 Communications Holdings, Inc. Company Information
LLL Company Information
 L-3 Communications Holdings, Inc. Stock Trades
LLL Stock Trades

L-3 May Sell Some Assets, But Won't Seek Breakup -Reuters

DOW JONES NEWSWIRES Defense contractor L-3 Communications Holdings Inc. (LLL) will likely divest some cheaper assets in services but has no plans for a breakup or broad portfolio overhaul, Reuters reported Wednesday, citing people familiar with the situation. New York-based L-3, which is being pushed by activist shareholder Relational Investors LLC to break itself up, is considering spinning off or selling a part of its government-services division that it views as nonstrategic, the sources said. Those assets could together attract a sale price of about $1 billion -- about a quarter of the division's $4 billion sales in 2010, the people said. Relational, whose 6% stake makes it the biggest single shareholder in L-3, wants the company to sell or spin off its government services as well as aircraft modernization and maintenance operations, Reuters cited a person close to the investor as saying previously. Representatives for L-3 declined to comment to Reuters. Relational wasn't immediately available to comment. Full story at http://www.reuters.com/article/2011/07/13/l-3-activist-idUSN1E76C0RF20110713 -Dow Jones Newswires; 212-416-2900

Stock News for L3 Comm (LLL)
DateTimeHeadline
05/28/201508:45:00L-3 Acquires CTC Aviation Group
05/27/201513:10:09Airbus CEO Says A400 Million Black Box Data Recovered
05/26/201509:27:00L-3 Receives Award for U.S. Navy Photonics Mast Program
05/20/201512:15:10What Is the S&P 500 Index?
05/13/201514:01:00L-3 to Present at the 2015 RBC Capital Markets Aerospace & Defense...
05/12/201512:07:00L-3 Awarded $81.8 Million Contract to Supply SATCOM Terminals...
05/07/201516:08:26Current Report Filing (8-k)
05/06/201516:10:13Statement of Changes in Beneficial Ownership (4)
05/06/201516:09:24Statement of Changes in Beneficial Ownership (4)
05/06/201516:09:24Statement of Changes in Beneficial Ownership (4)
05/06/201516:08:32Statement of Changes in Beneficial Ownership (4)
05/06/201516:08:32Statement of Changes in Beneficial Ownership (4)
05/06/201516:08:03Statement of Changes in Beneficial Ownership (4)
05/06/201516:08:03Statement of Changes in Beneficial Ownership (4)
05/06/201516:07:11Statement of Changes in Beneficial Ownership (4)
05/06/201516:07:11Statement of Changes in Beneficial Ownership (4)
05/05/201513:20:00L-3 Declares Quarterly Dividend
04/30/201518:46:06You Can't Fly High if You Can't Sit Down
04/30/201514:51:59Quarterly Report (10-q)
04/30/201509:24:08L-3 Communications Profit Falls as Sales Decline at All Segments

L3 Comm and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2007 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad