Northrop Grumman (NOC) Tops Q3 EPS by 56c

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Go back to Northrop Grumman (NOC) Tops Q3 EPS by 56c

Low Expenses and Tax Rates Drive EPS Beat for Northrop Grumman (NOC); RBC Capital Raises Price Target to $206

October 29, 2015 7:23 AM EDT

RBC Capital reiterated an Outperform rating on Northrop Grumman (NYSE: NOC), and raised the price target to $206.00 (from $189.00), following the company's 3Q15 earnings results. Northrop Grumman reported 3Q15 EPS of $2.75, well ahead of consensus at $2.19. Guidance was only modestly increased, with EPS going from... More

Boeing to decide within two weeks whether to protest contract award

October 27, 2015 7:25 PM EDT

WASHINGTON (Reuters) - Boeing Co (NYSE: BA) plans to "rigorously deliberate" whether to protest a U.S. Air Force bomber contract awarded to rival Northrop Grumman Corp (NYSE: NOC), with a decision likely within two weeks, the head of the company's defense division... More