Check out the companies making headlines in midday trading. Lockheed Martin — The defense company gained about 0.6% after it reported third-quarter results that beat expectations. The company posted $6.73 earnings per share on $16.88 billion in revenue. Analysts surveyed by LSEG, formerly known as Refinitiv, had forecast $6.67 earnings per share on $16.74 billion in revenue. Shares of defense peers also gained on the news, with Circor International jumping 5.5% on the news.
7% after the bank's third-quarter results topped Wall Street expectations. Bank of America reported 90 cents in earnings per share on $25.32 billion of revenue. Analysts surveyed by LSEG had estimated 82 cents in earnings on $25.14 billion of revenue. Bank of New York Mellon — The bank stock rose 3% following a strong earnings report. The company earned $1.22 per share on $4.37 billion in revenue for the third quarter. Analysts surveyed by LSEG forecasted $1.
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