Reuters & Lockheed Martin: Pick a Headline, Any Headline

Separate the Hacks from the Pros

'Reuters': Hacktastic 

I did my usual Google for F-35 news this AM and spotted a Reuters article about LockMart's quarterly earnings. Fine. What caught my eye first was the graphic:

  
I noted the title only in passing.

This evening I repeated the search, and saw the same graphic, only there was also a different headline attached:

 I went looking for the first headline and found it at Business Insider with a short blurb instead of an article (source of the first graphic above) but still attributed to Reuters:

:
Here's a bigger shot of tonight's article:

So what gives? Did a new quarterly report revision/update come out?

Nahhhhh.........

It just took Reuter's editorial staff a little time to decide how the wanted to report the news. How is everyone else reporting it?...

 

I see sides drawn here. 

The electronic rags the 'bizness' types follow seem to take the positive bent. The yellow journalism ratholes pick the negative. 

Note that while "sales rose", "earnings were weak", but the LM folks 'beat' the estimates (which is what you always want to do), and the F-35 has 'higher' demand. 

Note: There is an unusual factor involving an accounting change due to tax law changes (surprise) that moves money from one column to another and shifts the earnings downward. It's affecting a lot of companies. [sarc] I'm certain Reuters explains it rationally in their 'revised' article [/sarc]

Full disclosure: To the best of my knowledge I own ZERO Lockheed Martin Stock, but some may be in some fund or another that is managed for me.