13:52 ET — Lockheed Martin Corp. is one of the most talked about companies in the U.S. across all news items in the last 12 hours, according to Factiva data. The company’s shares were trading higher Tuesday afternoon after it Lockheed Martin reported higher sales and earnings in the third quarter compared with the year-ago period. The company also said it increased its share-repurchase authorization and its quarterly dividend rate. However, Lockheed Martin also said it was still dealing with parts and labor shortages. At 1:47 p.m. ET, the stock was trading 9.1% higher, at $433.32 a share. Dow Jones & Co. owns Factiva. (stephen.nakrosis@wsj.com)
(END) Dow Jones Newswires
October 18, 2022 14:07 ET (18:07 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
Read More: Trending: Lockheed Martin Reports Higher Revenue, Earnings in 3Q