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Headlines & Perspectives
Lockheed Shares Drop as Outlook Disappoints
By Robert Holmes
10/21/08 - 10:53 AM EDT
For 2009, Lockheed predicted earnings in a range of $7.65 to $7.90 a share on revenue of $44.25 billion to $45.25 billion. However, Wall Street is forecasting earnings of $8.39 a share on sales of $45.73 billion.
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