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Lockheed-RTX JV Inks MoU In Poland To Build Javelin Anti-Tank Weapon System
Thursday, September 7, 2023 - 8:11am | 440Lockheed Martin Corporation (NYSE: LMT) said its joint venture with RTX Corporation (NYSE: RTX) - Javelin Joint Venture - has inked a MoU to manufacture Javelin anti-tank weapon system in Poland. Javelin Joint Venture inked the initial pact with Poland's state-...
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Lockheed Martin Stock Slips After F-35 Jet Delivery Outlook Gets A Rough Ride
Wednesday, September 6, 2023 - 11:35am | 327Lockheed Martin Corporation (NYSE: LMT) updated its F-35 Technology Refresh 3, or TR-3, schedule projections, anticipating the delivery of the first TR-3 jet between April and June 2024. The TR-3s were expected to be delivered by 2023, the company had earlier said in its Q2 earnings...
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Lennox Cools Off In Europe: Sells Hyfra Unit To Glen Dimplex Group
Friday, August 25, 2023 - 11:08am | 179Lennox International Inc (NYSE: LII) has entered into a definitive agreement to sell its Hyfra Process Cooling business unit, headquartered in Krunkel, Germany, to the Glen Dimplex Group. The financial terms of the transaction were not disclosed. "Divesting this European...
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Lockheed Martin's Sikorsky Hits Jackpot With $2.7B US Navy Deal: Largest Order Ever For CH-53K Helicopters
Friday, August 25, 2023 - 8:02am | 315The U.S.Navy awarded Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, a $2.7 billion contract to build and deliver 35 additional CH-53K helicopters. The order is the largest procurement to date for this multi-mission aircraft. The contract is expected to advance Sikorsky...
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Morgan Stanley Analyst On The Durable Surge In International Travel: Good News For US Airlines
Thursday, August 24, 2023 - 1:36pm | 487Morgan Stanley analyst Ravi Shanker said that International travel has seen a reliable and durable surge, post slowdowns. Going back to the 1970s, following almost every major economic downturn, U.S. passport issuance has roughly doubled in the 5 years since the end of the downturn and...
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Lockheed Martin Bags $816M Contract From The Space Development Agency To Deliver 36 Small Satellites
Monday, August 21, 2023 - 11:50am | 315Lockheed Martin Corporation (NYSE: LMT) has received a contract worth $816 million to deliver 36 small satellites to Space Development Agency's communications network. Under the deal, KMT will develop 36 Tranche 2 Transport Layer (T2TL) Beta satellites for SDA. With this...
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Dow Tumbles Over 100 Points; LSI Industries Shares Spike Higher
Thursday, August 17, 2023 - 2:30pm | 854U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 100 points on Thursday. The Dow traded down 0.35% to 34,645.66while the NASDAQ fell 0.59% to 13,395.39. The S&P 500, also fell, dropping, 0.28% to 4,392.16 Check This Out: NVIDIA To Rally Around 84%?...
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Lennox's Impressive ROIC Amidst WFH Trends: Analyst Weighs In On Exposure Concerns
Thursday, August 17, 2023 - 1:58pm | 259RBC Capital Markets analyst Deane Dray initiated coverage on Lennox International Inc (NYSE: LII) at Sector Perform rating with a price target of $391. The analyst notes Lennox has benefited from secular Indoor Air Quality and WFH trends, and its ROIC of 35% is the best in class...
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Why NICE Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, August 17, 2023 - 12:26pm | 1411Gainers PhenomeX Inc. (NASDAQ: CELL) shares surged 138.3% to $0.9532. Bruker Corporation and PhenomeX reported a $108 million definitive agreement for Bruker to acquire PhenomeX in an all-cash transaction for $1 per share. Tivic Health Systems, Inc. (NASDAQ: TIVC) shares jumped 39.1% to $0.0932....
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Crude Oil Moves Higher; Walmart Raises Guidance
Thursday, August 17, 2023 - 12:16pm | 850U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 50 points on Thursday. The Dow traded down 0.15% to 34,714.53 while the NASDAQ fell 0.32% to 13,432.16. The S&P 500, also fell, dropping, 0.06% to 4,401.60. Check This Out: NVIDIA To Rally Around 84%?...
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Why Energizer Holdings Shares Are Trading Lower By 13%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, August 8, 2023 - 1:13pm | 2389Gainers Nuburu, Inc. (NYSE: BURU) shares jumped 185.6% to $1.6593 after the company announced contract with NASA to demonstrate feasibility of power beaming in space using the company’s blue laser technology. Vivos Therapeutics, Inc. (NASDAQ: VVOS) gained 91.1% to $0.4987 after falling...
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What's Going On With Amazon.Com Stock Tuesday?
Tuesday, August 8, 2023 - 10:04am | 406After an upbeat second quarter, Amazon.Com, Inc (NASDAQ: AMZN) shared plans to launch the first two test satellites for its Project Kuiper constellation on United Launch Alliance's Atlas V rocket this fall. The company previously planned to launch the...
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Why ResMed Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Friday, August 4, 2023 - 12:55pm | 2224Gainers Missfresh Limited (NASDAQ: MF) jumped 168% to $1.38 after the company announced entry of share purchase agreements for financing and business acquisition. United States Cellular Corporation (NYSE: USM) shares jumped 68.4% to $29.50 following quarterly results. TDS and US Cellular have each...
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Terran Orbital Can Produce 800 Satellites Annually With Increased Manufacturing Capacity: Analyst
Friday, July 28, 2023 - 3:14pm | 436H.C. Wainwright analyst Scott Buck initiated coverage on Terran Orbital Corporation (NYSE: LLAP) with a Buy rating and a price target of $5. With an existing backlog of $2.6 billion, a customer base that includes the U.S. Department of Defense, NASA, and the European Space...
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Southwest Airlines Recovery Pushed to 2025: Profitability Delayed, but Strong Balance Sheet Remains Intact, Analyst Says
Friday, July 28, 2023 - 1:43pm | 377Raymond James analyst Savanthi Syth downgraded the Southwest Airlines Co (NYSE: LUV) stock from Strong Buy to Outperform and cut the price target on Southwest Airlines from $47 to $40. On Thursday, the company reported second-quarter FY23 operating revenue growth of 4....