Pentagon’s largest defense contractor Lockheed Martin Corp (NYSE: LMT) said on Tuesday Chief Financial Officer Ken Possenriede is retiring immediately “due to personal reasons” and named a company veteran as an interim replacement.
Athene Holding Ltd. ("Athene") (NYSE:ATH), a leading financial services company specializing in retirement solutions, announced the close of a significant pension risk transfer (PRT) transaction with Lockheed
Toward the end of trading Monday, the Dow traded up 0.15% to 35,112.39 while the NASDAQ fell 0.10% to 14,822.88. The S&P also rose, gaining 0.09% to 4,415.85.
Following the market opening Monday, the Dow traded down 0.21% to 34,986.56 while the NASDAQ rose 0.06% to 14,845.70. The S&P also fell, dropping 0.09% to 4,407.92.
Shares of Lockheed Martin (NYSE:LMT) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 12.61% year over year to $6.52, which missed the estimate of $6.53.