Defense Contracts, Increased Dividends, Conference Participations, and Partnerships to Improve Performance - Analyst Notes on Lockheed Martin, John Deere, ITW, Raytheon and Parker
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NEW YORK, June 2, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Lockheed Martin Corporation (NYSE: LMT), Deere & Company (NYSE: DE), Illinois Tool Works Inc. (NYSE: ITW), Raytheon Company (NYSE: RTN) and Parker-Hannifin Corporation (NYSE: PH). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3186-100free.
Lockheed Martin Corporation Analyst Notes
On May 28, 2014, Lockheed Martin Corporation (Lockheed Martin) announced that it has received a $69 million contract from Huntington Ingalls Industries (HII) to support the United States Coast Guard's efforts to enforce maritime sovereignty and deal with at-sea threats. According to the Company, through this contract, Lockheed Martin will provide the Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance (C4ISR) system for the US Coast Guard's seventh National Security Cutter (NSC), the future USCGC Kimball. Lockheed Martin stated that its C4ISR system provides comprehensive, real-time situational awareness, commonality and interoperability, enabling a greater collection and sharing of maritime data. The Company informed that the system also allows the crew to scout for other vessels of interest, collaborate with other Coast Guard air, sea, and land assets, and act on the most current information available. The full analyst notes on Lockheed Martin are available to download free of charge at:
http://www.analystsreview.com/LMT.pdf/Register
Deere & Company Analyst Notes
On May 28, 2014, Deere & Company (Deere) announced that its Board of Directors has approved an increase of the Company's quarterly dividend to $0.60 per share on common stock, payable on August 1, 2014, to stockholders of record as on June 30, 2014. Deere stated that the new quarterly rate represents an increase of $0.09 per share over the previous level. The Company informed that this remarks the 12th increase to the Company's quarterly dividend in 10 years, the last one being in February 2013. Samuel R. Allen, Deere's Chairman and CEO said, "Deere is well-positioned to benefit long-term from global trends that hold great promise for the company's customers and investors." Allen added, "Our dividend increase reflects our confidence in Deere & Company's ability to generate strong cash flow throughout the cycle. We remain committed to our plans for profitable growth and for returning cash to shareholders." The full analyst notes on John Deere are available to download free of charge at:
http://www.analystsreview.com/DE.pdf/Register
Illinois Tool Works Inc. Analyst Notes
On May 28, 2014, Illinois Tool Works Inc. (ITW) announced that the Company is scheduled to present at the upcoming Deutsche Bank Global Industrials and Basic Materials Conference on Wednesday, June 4, 2014, at the Westin River North, Chicago. ITW's CFO, Michael Larsen, will also participate in a question and answer session from 2:20 p.m. - 2:55 p.m. CT. The Company stated that the audio presentation will be available at the ITW's website. The full analyst notes on ITW are available to download free of charge at:
http://www.analystsreview.com/ITW.pdf/Register
Raytheon Company Analyst Notes
On May 28, 2014, shares in Raytheon Company (Raytheon) declined by 0.22% to close trading at $96.61. Over the past month of trading, Raytheon's shares increased 1.23% while the Dow also gained 1.12% during that same period. The full analyst notes on Raytheon are available to download free of charge at:
http://www.analystsreview.com/RTN.pdf/Register
Parker-Hannifin Corporation Analyst Notes
On May 28, 2014, Parker-Hannifin Corporation (Parker) announced a partnership with Autocar LLC. (Autocar) and Heil and Republic Services Inc. to create and verify a proof of concept of Compressed Natural Gas (CNG) fueled RunWise refuse truck in Chula Vista, California. According to the Company, the demonstration was performed for over a month on a collection route normally served by a traditional CNG truck, in which the system proved to consistently provide reduced fuel consumption, responsiveness, and reduced noise. Parker stated that the RunWise Advanced Series Hybrid Drive System further improves the gains of using natural gas as a fuel source, resulting to reduced emissions which make these refuse trucks today's cleanest environmental solution. Shane Terblanche, General Manager, Parker's Hybrid Drive Systems Division said, "We are pleased with the initial results of the CNG-powered RunWise refuse trucks. Test data shows that the RunWise system is delivering up to 20% incremental fuel savings over traditional CNG trucks and a 10% improvement in productivity, and we can anticipate that reduced brake wear and routine maintenance requirements will also contribute to the value of these clean energy vehicles." The full analyst notes on Parker are available to download free of charge at:
http://www.analystsreview.com/PH.pdf/Register
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