Morning Briefing - July 26, 2018
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Morning Briefing
Article 6 of 7
July 26, 2018

Lower Taxes, Pension Benefit Propel Northrop Grumman’s Earnings Higher In Second Quarter

By ExchangeMonitor
Northrop Grumman [NOC] on Wednesday reported a huge leap in its bottom line in the second quarter driven primarily by a lower tax rate and a pension benefit. The company increased its profit guidance for 2018 based on a lower than expected tax rate this year. Net…
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