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Joe DeNardi of Stifel Nicolaus asks for an update on pension contributions. $NOC CFO Ken Bedingfield says it was about on average $100MM a year for 2016, 2017 and 2018 in terms of required contributions mainly for non-qualified plans. He added that this was based on the discount rates at the end of the year.
Still in yesterday’s $PZZA shock. I thought everyone had more pizza this football season!!
$TSLA stock downgraded to sell from hold by brokerage firm CFRA Research. However, the firm lifted the price target by $35 to $240.
$LB shares have plummeted after a disappointing quarter.