WASHINGTON Jan 23 Lockheed Martin Corp Chief Financial Officer Bruce Tanner said on Thursday he was hopeful that 2014 would mark a "trough," or "bottoming out," in U.S. military spending, with recent budget agreements paving the way for a more stable outlook going forward.
Tanner said most of the company's projected increase in earnings per share in 2014 was linked to improved pension impacts due to a higher discount rate and lower liabilities after years of pension payments by the company.
He said the company was focused on boosting international sales. Foreign orders accounted for 23 percent of orders received and 17 percent of sales in 2013, with revenues set to grow a "little under 20 percent" in 2014, he said.
AT&T reaches deal to buy Time Warner for more than $80 billion -WSJ
Oct 22 AT&T Inc reached a deal to buy media company Time Warner Inc for more than $80 billion, The Wall Street Journal reported on Saturday.
Trump vows to weaken U.S. media 'power structure' if elected
GETTSYBURG, Pa. , Oct 22 U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T Inc to buy Time Warner Inc if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters.