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Tag Archives: Financial News

DynCorp Acquisition Official; Bill Ballhaus Comments

DynCorp International’s acquisition by Cerberus Capital Management is a done deal, the firm reports. “With this announcement, DynCorp International enters an exciting new chapter, ” said Bill Ballhaus, DynCorp International’s President and Chief Executive Officer. “Built on six decades of trusted performance for the U.S. government, this solid foundation will …

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SRA Schedules Financial Info Release

SRA (NYSE: SRX) has set an issue date for its fourth quarter and FY 2010 earnings press release on Wednesday, August 11, 2010. According to the firm, “the release will include initial financial guidance for Fiscal Year 2011. Management will discuss the results and guidance in a conference call beginning …

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ManTech to Host Fiscal Conference Call July 28

ManTech (Nasdaq:MANT) has announced it “will issue its second quarter fiscal year 2010 earnings press release after close of market on Wednesday, July 28, 2010. Management will discuss the financial results and outlook for fiscal year 2010 in a conference call beginning at 5 p.m. Eastern. Analysts and institutional investors …

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Deltek’s Kevin Parker Talks Maconomy Acquisition

Deltek, Inc. (Nasdaq: PROJ) finalized a  tender offer to acquire the European ERP provider Maconomy A/S (Nasdaq OMX: MACO). According to the firm, “Deltek is acquiring approximately 94% of Maconomy’s outstanding shares in connection with the tender offer. An all cash payment for shares that were tendered will be made …

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DynCorp Stockholders OK Merger with Cerberus

DynCorp International Inc. (NYSE: DCP) stockholders have approved the merger agreement with certain affiliates of Cerberus Capital Management. The firm released the following statement: “The affirmative vote of the holders of a majority of the outstanding shares of Class A common stock, par value $0.01 per share, of the Company …

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Paul Cofoni on CACI’s FY 2011 Guidance

CACI (NYSE: CACI) released the following statement regarding the firm’s 2011 guidance: “For FY11, we expect revenue to range from $3.25 billion to $3.40 billion, an increase of 5 to 10 percent above the midpoint of FY10 revenue guidance. We expect net income to range from $116 million to $122 …

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Lockheed Martin Makes Fiscal Announcement

According to Lockheed Martin (NYSE: LMT), “the firm’s board of directors has authorized a third quarter 2010 dividend of $0.63 per share. The dividend is payable Sept. 24, 2010 to holders of record as of the close of business on Sept. 1, 2010.”

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Wes Bush on NGC’s $2 Billion Share Repurchase

Northrop Grumman’s (NYSE:NOC) “board of directors has authorized a new program to repurchase up to $2 billion of its outstanding common stock, which represents approximately 11 percent of the company’s current market capitalization.” “Today’s increase in our share repurchase authorization demonstrates our continuing commitment to a balanced cash deployment strategy …

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