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Monday, November 25, 2013

Takeover Digest - Wall Street Journal - Nov 25, (NYSE: LMT)

The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * As JPMorgan Chase & Co's top lawyer took the stage on Friday for a panel discussion in New York, he was confrontational as regulators Daniel Stipano of the Office of the Comptroller of the Currency and Deb Morris of the Consumer Financial Protection Bureau sat just to his right. ()* Lockheed Martin Corp moved a step closer to a deal to sell 40 of its F-35 Joint Strike Fighters to South Korea, which suggested that the jet was the sole qualifying bid for a multibillion-dollar order due next year. ()

Lockheed Martin Corporation is a global security and aerospace company principally engaged in the research, design, development, manufacture, integration, and sustainment of technology systems and products. Shares of LMT traded higher by 1.59% or $2.21/share to $140.88. In the past year, the shares have traded as low as $85.88 and as high as $140.94. On average, 1602930 shares of LMT exchange hands on a given day and today's volume is recorded at 4836811.