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Tuesday 23 June 2015
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Losing Streaks Alert: Mallinckrodt (NYSE:MNK), Cognizant Technology Solutions (NASDAQ:CTSH), Newfield Exploration (NYSE:NFX), Lockheed Martin Corporation (NYSE:LMT)

On Monday, Mallinckrodt PLC (NYSE:MNK)’s shares declined -1.70% to $126.89, after Mallinckrodt PLC (MNK), will report second quarter fiscal 2015 results on Tuesday, May 5, 2015. A conference call for investors will begin at 8:30 a.m. U.S. Eastern Time.

Mallinckrodt public Limited Corporation develops, manufactures, markets, and distributes specialty pharmaceutical products and medical imaging agents worldwide. The corporation operates through two segments, Specialty Pharmaceuticals and Global Medical Imaging. The Specialty Pharmaceuticals segment provides Acthar, an injectable biopharmaceutical drug for use in various indications, counting neurology, rheumatology, nephrology, and pulmonology; Ofirmev and Xartemis XR for pain indications; EXALGO extended-release tablets to treat chronic pain; and GABLOFEN injections for use in the administration of spasticity of cerebral or spinal origin. It also offers generics and active pharmaceutical ingredients (API), such as hydrocodone and hydrocodone-containing tablets, oxycodone and oxycodone-containing tablets, and methylphenidate HCl extended-release tablets, in addition to biologics, medicinal opioids, synthetic controlled substances, acetaminophen products, and other active ingredients.

Cognizant Technology Solutions Corp (NASDAQ:CTSH)’s shares dropped -1.70% to $61.73, during the last trading session on Monday, after Cognizant Technology Solutions (CTSH), will declare results for the first quarter of 2015 on Monday, May 4, 2015, before market open.

Cognizant Technology Solutions Corporation provides information technology (IT), consulting, and business process services worldwide. The corporation operates through four segments: Financial Services, Healthcare, Manufacturing/Retail/Logistics, and Other. Its consulting and technology services comprise IT strategy consulting, program administration consulting, operations improvement consulting, strategy consulting, and business consulting services; and application design and development, systems integration, enterprise resource planning, and customer relationship administration implementation services.

At the end of Monday’s trade, Newfield Exploration Co (NYSE:NFX)‘s shares dipped -1.69% to $36.56, after Newfield Exploration (NFX), will host its first quarter 2015 earnings conference call at 10:00 a.m. (CST), Wednesday, May 6, 2015. The Corporation plans to release its first quarter earnings after market close on May 5, 2015.

Newfield Exploration Company, an independent energy company, engages in the exploration, development, and production of crude oil, natural gas, and natural gas liquids. The company’s primary areas of operation include the Mid-Continent, Rocky Mountains, and onshore Gulf Coast regions in the United States.

Lockheed Martin Corporation (NYSE:LMT), ended its Monday’s trading session with -1.67% loss, and closed at $197.05, after Lockheed Martin Corporation (LMT), declared that it has been awarded the implementation subcontract by Irving Shipbuilding Inc. as command and surveillance system integrator for the Royal Canadian Navy’s (RCN) new class of Arctic/Offshore Patrol Ships (AOPS).

Lockheed Martin Canada is one of AOPS Prime Contractor Irving Shipbuilding’s Tier 1 suppliers for delivering the AOPS vessels as part of the National Shipbuilding Procurement Strategy (NSPS). With a contract valued at more than C$170M, Lockheed Martin Canada is responsible for key integration of data and information sources to raise the ships’ situational awareness and provide command, control and decision support at all levels of command for the new vessels.

Rosemary Chapdelaine, vice president and general manager of Lockheed Martin Canada’s Ottawa-based Mission Systems and Training (MST) business, said “Our team facilitates tight partnershipwith the shipyard, subcontractors and the Navy, and we are happy to be moving to the next stage of the AOPS program on plan. Our ability to coordinate among these stakeholders on complex programs is our blueprint for success.”

Lockheed Martin Canada was able to leverage its innovative combat administration system from the Halifax Class Modernization (HCM) program for surveillance purposes on AOPS, offering a highly capable, low-risk solution for the project.

Lockheed Martin Corporation, a security and aerospace corporation, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services. It also provides administration, engineering, technical, scientific, logistics, and information services. Its Aeronautics segment offers combat and air mobility aircraft, unmanned air vehicles, and related technologies.

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