Tag Archives: 1.6B

Sting operation kills “copycat” sports piracy site with 1.6B visits last year

Sting operation kills “copycat” sports piracy site with 1.6B visits last year

On Wednesday, a global antipiracy group, which included Apple TV+, Netflix, The Walt Disney Studios, and Warner Bros. Discovery, announced that it had assisted in a sting operation that took down Streameast, described as the “largest illicit live sports streaming operation in the world.” Now, accessing websites from the thwarted Streameast brings up a link from the Alliance for Creativity …

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Lockheed Martin Shares Plunge After $1.6B Classified Charge Crushes Profit

Lockheed Martin Shares Plunge After .6B Classified Charge Crushes Profit

July 22 – Lockheed Martin (NYSE:LMT) shares fell more than 6% Tuesday after the defense contractor reported an 80% plunge in second-quarter profit. This profit decline was due to the $1.6 billion pretax charge tied to a classified Aeronautics program. Net income dropped to $342 million, or $1.46 per share, compared with $1.64 billion, or $6.85 per share, a year …

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Lockheed records $1.6B in losses, mostly linked to continued strife on classified aero program – Breaking Defense

Lockheed records $1.6B in losses, mostly linked to continued strife on classified aero program  Breaking Defense Lockheed profit dives 80% on $1.6 billion charge, shares tumble  Reuters Lockheed Stock Falls After Earnings. What Caught Wall Street by Surprise.  Barron’s Lockheed Martin Stock Stumbles as Defense Contractor Cuts Forecast  Investopedia Lockheed Martin Tumbles On Earnings. Here’s Why.  Investor’s Business Daily Source link

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