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As per the exchange offer, $LMT stockholders can exchange their $LMT shares for Abacus shares which will convert into $LDOS shares upon merger completion. Each Abacus share will convert into one $LDOS share. $LMT stockholders are expected to get about $111 of Abacus stock for every $100 of $LMT stock. The exchange is scheduled to expire on Aug. 16.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.
$CIEN a good stock to look at for the longs. Consistent revenue increase over the past few quarters suggest steady improvement in profitability of the company, which bodes well for the future prospect. I’m going to add a few more to my portfolio, anticipating good $$$ gains !
Shareholder alert..!! Rosen Law Firm has commenced an investigation into potential securities claims of $UHS. Shareholders please visit http://www.rosenlegal.com/cases-1008.html for more info.
Can we see "Made in the USA" label on iPhones in the near future? Heard that $AAPL is considering the idea of manufacturing iPhone in America.