Lockheed Martin announces lower profits, slashes dividend
Lockheed Martin reported operating results in line with lowered expectations, but reaffirmed earnings growth of 15-25% in 2000. The company announced 1999 sales of $25.5 billion, down 3% year-over-year, earning $0.99 per share versus $2.63 a share in 1998. The numbers, however, include several non...
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