Financial

Lockheed Martin announces 2008 fourth quarter and year-end results

Lockheed Martin Corporation reported fourth quarter 2008 net earnings of $823 million, compared to $799 million in 2007. Net sales were $11.1 billion, compared to fourth quarter 2007 sales of $10.8 billion. Cash from operations for the fourth quarter of 2008 was $997 million, compared to $425 million in 2007. For the year ended December

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AMR Corporation reports fourth quarter 2008 loss of $340 million

AMR Corporation reported a net loss of $340 million for the fourth quarter of 2008. The results for the fourth quarter of 2008 include the impact of two special charges: a $23 million charge for aircraft groundings, facility write-offs and severance related to the Company’s previously announced capacity reductions during the last four months of

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