Fox Business - The Power to Prosper
Search Site

Wednesday, April 7, 2010 as of 11:14 AM ET

L-3 Communications

More Headlines »« Less Headlines

L-3 Communications Holdings, Inc. () is a company that supplies command and control, communications, intelligence, surveillance and reconnaissance (C3ISR) systems and products, avionics, ocean products, training devices and services, instrumentation, space, and navigation products.

Read More at Wikipedia ›

Related Topics

  1. Level 3 Communications
  2. ITT Corp.
  3. Frontier Communications
  4. Raytheon
  5. Discovery Communications
  6. Rogers Communications
Get updates on L-3 Communications
CLSA Ups Pepsi, Sees Better Odds of Split

PepsiCo (NYSE:PEP) was upgraded to outperform from underperform by CLSA on Wednesday, with the brokerage firm saying chances for a break-up have improved following news that activist investor Ralph Whitworth snagged a stake in the soda and snacks giant worth about $610 million.

The investment company also lifted its price target on Pepsi to $75 from $66.While Whitworth's stake is small, his reputation as an activist shareholder and corporate governance expert could push Pepsi's board to reexamine the benefits of a split, CLSA analyst Caroline Levy said.CLSA said it has long held the view that the Purchase, N.Y.-based maker of Frito-Lay and Gatorade is "more valuable as separate, focused entities than as one."A split-up is "more likely than not, as major shareholders and activists both seem interested in pushing PepsiCo towards it," Levy said.Shares of Pepsi were up about 1.3% to $68.71 Wednesday morning. Whitworth's Relational Investors held almost 9 million shares in Pepsi as of March ...

Read More ›

  1. Capital Goods Sector Wrap

    On a trading day that saw the S&P 500 gain 0.1%, the Capital Goods sector (XLI) showed little change.The ETF, as a proxy for the sector, tracked farther from the ove...

  2. The Disclosure Debate: When Should Companies Reveal Cyber Attacks?

    When companies suffer a serious cyber attack that leads to the loss of intellectual property or does damage to valuable infrastructure, they are left with a vexing q...

  3. Defense contractor sales miss Wall Street view

    By Scott MaloneBOSTON (Reuters) - Two top U.S. defense contractors posted sales that missed Wall Street's expectations on Wednesday in a sign that federal efforts to...

  4. Fmr. DOT Inspector General on Airport Security

    Fmr. Dept. of Transportation Inspector General Mary Schiavo on how the new airport security measures improve safety for passengers.

  5. Who's Invested in Body Scanner Companies?

    So which elected officials own stakes in full-body scanning machines now in more than 60 U.S. airports? And what are those individual investments worth?We still can’...

  6. Congress in Bed with Security Companies

    The controversy surrounding the pat downs and body scanners at airports continues to heat up. People are furious about what many are calling inappropriate frisks by ...

  7. GM Tries to Get You Into a Car

    We break down what the defunct auto manufacturer is doing to get you into one of its vehicles.

Freebase CC-BY
Source: L-3 Communications on Freebase, licensed under CC-BY
Other content from Wikipedia, licensed under the GFDL