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DRS Tech beats by $0.08, light on revs; raises Y07 EPS guidance (55.85 ) : Reports Q3 (Dec) earnings of $0.86 per share, $0.08 better than the Reuters Estimates consensus of $0.78; revenues rose 74.7% year/year to $680.4 mln vs the $704.3 mln consensus. Co issues mixed guidance for FY07, sees EPS of $2.98-3.05 vs. $2.89 consensus, up from previous of $2.83-2.90; sees FY07 revs of $2.70-2.75 bln vs. $2.8 bln consensus.

Hansen Natural and Anheuser-Busch announce on-premise sales and distribution deal (37.06 ) : Hansen Natural and Anheuser-Busch (BUD) today announced they have concluded an agreement under which Anheuser-Busch will manage and coordinate the sales, distribution and merchandising of Monster Energy energy drinks to on-premise retailers including bars, nightclubs and restaurants in territories approved by Hansen. Terms of the agreement were not disclosed.

# posted by Broker A @ 9:08 AM