Industrials

The index futures point to a moderately higher opening on Tuesday, as traders return to their desks after an extended holiday weekend in observance of Christmas. In the absence of any major trading cues, a couple of house price readings could guide sentiment. Trading volume could be light, lending...

A powerful Arctic winter storm has placed more than 135 million people under weekend weather alerts ahead of the year's busiest travel days. Major airports have canceled thousands of flights as the storm intensifies. The cold snap could bring the iciest Christmas in decades, say forecasters....

D.A. Davidson analyst Lind Bolton Weiser gave the shares of WW International Inc (NASDAQ: WW) a Buy rating and a price target of $6.00. The WW app’s Connect feature is outdated, and members have been recreating the experience on their own outside of Connect, the analyst writes...

Delta Air Lines, Inc (NYSE: DAL) looked to launch free wireless internet for its passengers by early 2023, intensifying competition over in-flight offerings on pandemic recovery. Delta will likely offer free Wi-Fi on a significant portion of its airplanes before turning on the service on more...

Raymond James analyst Savanthi Syth has listed the updates on the U.S. airlines. The analyst said in a survey conducted by Raymond James with about 100 investors, 56% said they expect to travel more for business trips in 2023. Syth said United Airlines Holdings Inc (NASDAQ: UAL), as...

Benzinga Elon Musk Drops Latest Supplement To 'Twitter Files' Showing Internal Angst Over FBI Requests Elon Musk has shared the latest supplement of the so-called "Twitter Files" with his followers on the platform. The Twitter CEO said, "Elvis is in the building,"...

Gainers Allarity Therapeutics, Inc. (NASDAQ: ALLR) gained 240% to $0.90. Allarity Therapeutics, last month, posted a Q3 loss of $0.68 per share. Maxar Technologies Inc. (NYSE: MAXR) shares jumped 120.2% to $50.86 after the company announced it will be acquired by Advent International for $6.4...

Barclays analyst Julian Mitchell reiterated an Equal-Weight rating on the shares of Lennox International Inc (NYSE: LII) and raised the price target from $228 to $240. The company had set its long-term financial targets for 2026 and guided FY23. The analyst lowered the...

In a bid to reduce its dependence on Russian arms, some Vietnam government officials and U.S. defense firms are reportedly discussing the supply of military gear. The talks are preliminary and may not lead to any deals. Lockheed Martin Corp (NYSE: LMT), Boeing Co (NYSE: BA), ...

Lennox International Inc (NYSE: LII) has put forth its FY23 financial guidance and long-term financial targets for 2026. The company sees FY23 core revenue growth of flat to 4%, excluding the impact of the planned divestiture of the European operations. It expects adjusted EPS of $...

Gainers My Size, Inc. (NASDAQ: MYSZ) shares jumped 88% to $0.2839. My Size announced a 1-for-25 reverse stock split. Pharvaris N.V. (NASDAQ: PHVS) shares climbed 56.7% to $4.0914 after the company reported top-line Phase 2 data from the RAPIDe-1 study of PHVS416 for the on-demand treatment of HAE...

Southwest Airlines Co (NYSE: LUV) Board of Directors reinstated and declared a quarterly cash dividend of $0.18 per share. The dividend is payable on January 31, 2023, to shareholders of record on January 10, 2023. The company suspended its dividend distribution from early 2020...

Lockheed Martin Corp (NYSE: LMT) is partnering with Israel's Rafael Advanced Defense Systems Ltd to develop high-energy laser weapon systems. The weapon system will be based on a technology already developed by Rafael and Ministry of Defense's Directorate of Defense Research...

Industrial conglomerate General Electric Co (NYSE: GE) and defense contractor L3Harris Technologies, Inc (NYSE: LHX) were among those competing to acquire rocket maker Aerojet Rocketdyne Holdings, Inc (NYSE: AJRD). Aircraft producer Textron Inc (NYSE: TXT)...

Citigroup raised McDonald's Corporation (NASDAQ: GOOGL) price target from $265 to $270. . Citigroup analyst Jon Tower maintained a Neutral rating on the stock. McDonald's shares fell 0.1% to $272.46 in pre-market trading. Citigroup raised Deere & Company (NYSE: DE) price target...