Industrials

Morgan 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...

Lockheed 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...

U.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%?...

RBC 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...

Gainers 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....

U.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%?...

Gainers 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...

After 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...

Gainers 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...

H.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...

Raymond 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....

JP Morgan boosted the price target for Intel Corporation (NASDAQ: INTC) from $30 to $35. JP Morgan analyst Harlan Sur maintained an Underweight rating. Intel shares rose 6.8% to $36.91 in pre-market trading. Baird raised BJ's Restaurants, Inc. (NASDAQ: BJRI) price target from $28 to $36....

The S&P 500 closed lower on Thursday, while the Dow Jones snapped its longest winning streak since 1987. On Wednesday, the Fed raised its benchmark overnight interest rate by 25 basis points as expected. Data released Thursday showed that the U.S. economy expanded faster-than-expected during...

Gainers Femasys Inc. (NASDAQ: FEMY) gained 54% to $0.55. Femasys reported a notice of allowance for new U.S. patent application covering use of FemBloc for female permanent birth control. Ultralife Corporation (NASDAQ: ULBI) shares jumped 43.4% to $7.07 after the company posted better-than-...

Southwest Airlines Co (NYSE: LUV) reported second-quarter FY23 operating revenue growth of 4.6% year-over-year to $7.04 billion, beating the consensus of $6.98 billion.  Adjusted EPS was $1.09, compared to $1.30 in 2Q22, missing the consensus of $1.10. Q2 RASM decreased 8.3% Y/Y...