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Opening Glance: Aerospace and defense shares dip



By AP
01 July 2008 @ 10:40 am EST

NEW YORK - Aerospace and defense shares mostly fell Tuesday morning, with shares of L-3 Communications Holdings Inc. and United Technologies Corp. declining to annual lows.

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Quotes
LLL 88.73 -2.57
UTX 50.12 -2.53
GD 65.05 -0.87
RTN 51.25 -0.13
BA 49.28 -2.01
COL 41 -1
GR 34.22 0.36
HON 34.95 -0.97
HXL 9.51 -0.68
LMT 99 -3.62
NOC 54.22 -0.98
PCP 63.74 -2.45
SPR 13.15 -0.61
TXT 20.56 -3.4

SYMBOL LOOKUP

As oil prices rose in morning trading, early results in the sector included:

L-3 Communications gave up $1.11 to $89.76.

United Technologies slipped 71 cents to $60.99, and fell as far as $60.33.

General Dynamics Corp. lost 68 cents to $83.17.

Raytheon Co. rose $1.09 to $57.37.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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