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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: EddyRiquelme who wrote (48329)	6/16/2012 2:32:07 PM
From: Bocor	2 Recommendations Respond to of 78462

Value idea? Check out RTN: Nice, steady slope of growth. One class of anti-terrorist weapon that will prevail over the long term, regardless of budget deficit concerns: unmanned aerial vehicles (UAV). For defense strategists, pilot-less aircraft outfitted with ultra-sophisticated sensors are a vital tactic in fighting the asymmetrical guerilla wars of the 21st century. These UAVs are the darlings of reformers in the Pentagon, and Raytheon {RTN} is the leader in the field by virtue of its unparalleled expertise in sensor technology. Raytheon currently supplies the sensors onboard many UAVs, including the high-altitude RQ-4 Global Hawk.The US Air Force is seeking $1.6 billion in 2013 to buy Global Hawks, making these sensor-intensive machines a big winner in the latest military budget. Sensors account for 50 percent of a UAV's cost. Raytheon's sensors also are prized by the military for their unique ability to penetrate cloud cover. Raytheon continually develops lighter, high-reliability sensors - exactly what the military covets most. RTN currently offers a dividend yield of 3.8 percent. With comparatively little debt and a strong earnings outlook for the next two years, Raytheon's healthy dividend should be sustainable. Raytheon's price-to-earnings ratio of 10.1 is well below the average of 17.2 for the aerospace and defense industry as a whole and pales in comparison to the S&P 500's price-to-earnings ratio of 15.8. Also, Raytheon has surpassed earnings estimates by at least 6 percent in each of the past three quarters. Seems to be a great LTBH, that will grow dividend and earnings over time. Disclosure that I bought this for my son's portfolio some time ago.

To: EddyRiquelme who wrote (48329)	6/16/2012 7:23:47 PM
From: Spekulatius	Read Replies (1) \| Respond to of 78462

Re NAV I don't know what CA/share means. I think cash /share is not relevant unless you count the liabilities as well. LT debt is 3.5B$ and there are significant pension and health care liabilities from underfunded plans. The under-funded status of our pension plans increased by $253 million during 2011 primarily due to a decrease in the discount rate used to determine the present value of the projected benefit obligations. Our actual return on assets during 2011 was approximately 4% for the U.S. Pension plans. The weighted average discount rate used to measure the postretirement benefit obligation ("PBO") was 4.2% at October 31, 2011 compared to 4.8% at October 31, 2010. The under-funded status of our health and life insurance benefits increased by $884 million primarily due to a court ruling ordering the reinstatement of the prescription drug benefits which existed prior to July 1, 2010 for participants who are Medicare eligible, as well as a change in the estimate of the future rate of increase of reimbursements from Medicare for retiree medical benefits. We continue to seek opportunities to control our pension and other postretirement benefits expenses.

To: EddyRiquelme who wrote (48329)	6/20/2012 12:59:57 PM
From: Bocor	Read Replies (2) \| Respond to of 78462

Navistar International Corp. on Wednesday put a takeover defense in place, adopting a plan that would drive up the cost of any hostile bid for control of the troubled heavy-duty truck maker. The move, a type of poison-pill strategy, comes in the aftermath of investor Mark Rachesky's disclosure last week that his investment fund had acquired nearly 14% of Navistar's stock and activist investor Carl Icahn's raising his fund's stake in Navistar this month to about 12%. Other large investors also have been adding to their positions in the company. online.wsj.com