:

Business/Financial

L-3 Raising Dividend

By Cal Biesecker

Tuesday, February 10th, 2015

SHARE:

L-3 Communications [LLL] on Tuesday said it will increase it quarterly cash dividend by 8 percent as a way to reward shareholders.The quarterly dividend will go from 60 cents to 65 cents beginning on March 16.“We are pleased to continue delivering value to shareholders by increasing L-3’s dividend for the 11th consecutive year,” Michael Strianese, L-3’s chairman, president and CEO, said in a statement. “This action demonstrates the board’s confidence in the company’s performance and our balanced cash deployment approach.…

Congress

Trump Urges Senate To Move ‘Immediately’ On $350 Billion Defense Reconciliation Bill In Lame Duck

President Trump on Thursday urged Senate leadership to move “IMMEDIATELY” on a reconciliation bill that would include $350 billion for defense. The call arrives as Republicans navigate a lame duck […]

Congress

House Republicans Block Measure To Impeach Hegseth

House Republicans on Tuesday evening voted to block an attempt to impeach Defense Secretary Pete Hegseth. In a 211-204 vote, the House moved to refer Rep. Thomas Massie’s (R-Ky.) articles […]

Congress

Top House Defense Appropriator Calvert Officially Wins Reelection Bid

Rep. Ken Calvert (R-Calif.), House Republicans’ top defense appropriator, has officially won his reelection bid. Calvert was running for a redistricted seat against fellow House Republican Rep. Young Kim (R-Calif.), […]

Congress

No Path To Defense Reconciliation, Including GOP’s $350 Billion, Coons Says

Top Senate Democrats threw cold water on any GOP plans for a $350 billion fiscal 2027 reconciliation bill, or any defense reconciliation bill, before a new Congress is sworn in […]