Thursday, January 28, 2010

Raytheon 4Q report

Raytheon Co. reported fourth quarter 2009 income from continuing operations of $517 million, up 21 percent compared to $428 million in the fourth quarter 2008. EPS from continuing operations for the fourth quarter 2009 was $1.30, up 29 percent compared to $1.01 in the fourth quarter 2008. (Source: Raytheon via PRNewswire, 01/28/10) Gulf Coast note: Massachusetts-based Raytheon has operations in the Gulf Coast region.