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www.PicksThatMove.com: "Picks that move" Alerts, October 29, 2009: GD, IBM, IPG, HIG, SAI and LMT
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| Copyright: | M2 COMMUNICATIONS | | Source: | M2 PressWIRE | | Wordcount: | |
Picksthatmove.com Alerts include General Dynamics (NYSE: GD); IBM (NYSE: IBM); Interpublic Group of Companies (NYSE:IPG); The Hartford (NYSE: HIG); Science Applications International Corporation (NYSE: SAI) and Lockheed Martin (NYSE: LMT)
-- October 29, 2009 Air Products General Dynamics (NYSE: GD) at $63.69 on a volume of 1.47M shares
In a press release on October 29, General Dynamics Awarded $25 Million for Nuclear Submarine Services by U.S. Navy
GROTON, Conn., Oct 29, 2009 The U.S. Navy has awarded General Dynamics Electric Boat a $25 million contract for management and support of nuclear-maintenance work for submarines homeported at the Naval Submarine Base in Groton. Electric Boat is a wholly owned subsidiary of General Dynamics (NYSE: GD). The contract has a potential value of $78 million over three years if all options are exercised.
About General Dynamics
General Dynamics, headquartered in Falls Church, Virginia, employs approximately 92,300 people worldwide. The company is a market leader in business aviation; land and expeditionary combat systems, armaments and munitions; shipbuilding and marine systems; and information systems and technologies. More information about the company is available on the Internet at www.generaldynamics.com.
-- October 29, 2009 IBM (NYSE: IBM) trading at $122.24 on a volume of 2.97M shares
In a press release on October 29, IBM Honors Global Customers for Outstanding Achievement in Information Management
LAS VEGAS, Oct 29, 2009 IBM (NYSE: IBM) today announced the winners of its annual IBM Information On Demand Client Innovation Awards, recognizing IBM customers that have taken advantage of trusted information and analytics to deliver smarter business decisions. Chosen from an extensive list of nominations worldwide, winners were selected in multiple categories by a panel of industry thought leaders and IBM executives. Award recipients were honored during a special client luncheon at the IBM Global Information On Demand Conference in Las Vegas on Wednesday, October 28, 2009.
About International Business Machines Corporation
International Business Machines Corporation (IBM), is an information technology (IT) company. The Company's major operations include Global Technology Services segment (GTS), Global Business Services segment (GBS), Software segment, Systems and Technology segment, and Global Financing segment. On January 31, 2008, the Company acquired 100% of Cognos, Inc. On April 3, 2008, IBM acquired 100% of Telelogic, AB. In July 2008, the Company acquired Platform Solutions, Inc. In December 2008, its internal global logistics operations were acquired by SNCF Transport and logistics division of Geodis. In July 2009, IBM acquired Ounce Labs, Inc., a privately held company based in Waltham, Massachusetts, whose software helps companies to reduce the risks and costs associated with security and compliance concerns. In August 2009, the Company announced the launch of its China Analytics Solution Center, part of a network of global centers.
-- October 29, 2009 Interpublic Group of Companies (NYSE:IPG) trading at $6.39 on a volume of 6.27M shares.
In a press release out on October 29, Joseph Cohen Promoted to Group Vice President, Consumer Lifestyle Marketing Practice
EAST RUTHERFORD, N.J., Oct 29, 2009 MWW Group (www.mww.com), one of the nation's top ten public relations firms, today announced that Joseph Cohen has been promoted to group vice president, consumer lifestyle marketing. Cohen spearheads a number of the agency's flagship consumer lifestyle marketing accounts including Sara Lee Corporation, 1-800-FLOWERS.COM and Gold's Gym International.
About MWW Group
MWW Group is one of the nation's top ten public relations agencies and is known for its results-driven approach to public relations and "Aim High. Deliver" commitment to client service. For the past four years, MWW Group has been honored with the #1 ranking in the Holmes Report agency client satisfaction survey. MWW Group achieved top rankings in the categories of account leadership, strength of account team, creativity, strategy and planning, and program execution. In 2006, MWW Group was named PR Agency of the Year by The Holmes Report and Mid-size PR Firm of the Year by PR News, in recognition of the firm's growth, strategic account leadership and industry-leading employee retention. MWW Group is part of the Interpublic Group of Companies (NYSE:IPG).
About Interpublic Group of Companies
The Interpublic Group of Companies, Inc. is an advertising and marketing services company. The Company's agency brands create marketing solutions on behalf of clients worldwide. Its companies cover a range of marketing disciplines and specialties, from consumer advertising and direct marketing to mobile and search engine marketing. Its solutions vary from project-based activity involving one agency and its client to long-term, fully-integrated campaigns created by a group of its companies working together on behalf of a client. Interpublic operates in two segments: Integrated Agency Network, which consists of McCann Worldgroup, Draftfcb, Lowe Worldwide, Mediabrands and its domestic integrated agencies, and Constituency Management Group, which consists of the bulk of its specialist marketing service offerings. In July 2008, the Company increased its stake in the Middle East Communication Networks from a minority position to 51% ownership.
-- October 29, 2009 The Hartford (NYSE: HIG) last at $25.21 a volume of 7.26M shares
In a press release out on October 29, The Hartford Construction Group Broadens Wrap-Up Capabilities For Public-Private Partnerships
Insurer offers customized programs that integrate insurance protection, loss control and claims services for major infrastructure projects
HARTFORD, Conn., Oct 29, 2009 As federal, state and local governments look for cost effective ways to address critical infrastructure needs, they are turning to private investment partners to fund these types of large scale projects. To address the evolving insurance needs of contractors involved in public-private partnerships, The Hartford Financial Services Group, Inc. has expanded its construction wrap-up capabilities to create integrated insurance programs designed specifically for major infrastructure projects.
Wrap-up programs typically allow developers, owners or general contractors to provide and coordinate insurance for all subcontractors on a project by bundling coverage into a single consolidated program for the duration of a job. However, in a public-private partnership, a private contractor may be taking on additional functions during the project, such as the operation or maintenance of a roadway, which create exposures that are beyond the scope of a traditional wrap-up program.
About The Hartford
Celebrating nearly 200 years, The Hartford (NYSE: HIG) is an insurance-based financial services company that serves households, businesses and employees by helping to protect their assets and income from risks, and by managing wealth and retirement needs. A Fortune 500 company, The Hartford is recognized widely for its service expertise and as one of the world's most ethical companies. More information on the company and its financial performance is available at www.thehartford.com.
-- October 29, 2009 Science Applications International Corporation (NYSE: SAI) last at $18.19 on a volume of 1.00M shares
In a press release out on October 29, Rex Ballard to Lead SAIC's Commercial Business Unit
Senior Executive to Focus on Global Energy and Life Sciences Solutions and Integration Services
MCLEAN, Va. and SAN DIEGO, Oct 29, 2009 Science Applications International Corporation (SAIC) (NYSE: SAI) today announced that Rex Ballard has been appointed general manager for SAIC's Commercial Business Services Business Unit effective immediately. A long-time SAIC executive, Ballard has served as acting business unit general manager since July.
The business unit provides global energy and life sciences solutions and integration services. It has more than 3,050 employees based in the United States, the United Kingdom, the Netherlands, France, and Italy, who perform work in more than 100 countries.
About SAIC
SAIC is a FORTUNE 500((R) )scientific, engineering, and technology applications company that uses its deep domain knowledge to solve problems of vital importance to the nation and the world, in national security, energy and the environment, critical infrastructure, and health. The company's approximately 45,000 employees serve customers in the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security, other U.S. Government civil agencies and selected commercial markets. Headquartered in McLean, Va., SAIC had annual revenues of $10.1 billion for its fiscal year ended January 31, 2009. For more information, visit www.saic.com. SAIC: From Science to Solutions((R))
-- October 29, 2009 Lockheed Martin (NYSE: LMT) trading at $69.18 on a volume of 2.62M shares
In a press release out on October 29, Lockheed Martin Starts Integrated Testing of Second Missile Warning Satellite
First SBIRS GEO Spacecraft Progressing in Thermal Vacuum Test Phase
SUNNYVALE, Calif., Oct 29, 2009 Lockheed Martin (NYSE: LMT) announced today that the second Space-Based Infrared System (SBIRS) geosynchronous orbit (GEO-2) spacecraft is progressing through a series of key tests that will demonstrate the integrated satellite's readiness to enter the critical environmental test phase in preparation for launch.
SBIRS is designed to provide early warning of missile launches, and simultaneously support other missions including missile defense, technical intelligence and battlespace characterization.
The test phase, known as Baseline Integrated System Test (BIST), is conducted at Lockheed Martin's Space Systems facilities in Sunnyvale, Calif. and is designed to characterize the overall performance of the GEO-2 satellite and establish a performance baseline prior to entering environmental testing.
About Lockheed Martin
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
Headquartered in Bethesda, Md., Lockheed Martin is a global security company that employs about 140,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The corporation reported 2008 sales of $42.7 billion.
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