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Risk-Off, Defense On: One Credit Suisse Theme Of 2016
Friday, January 15, 2016 - 7:28am | 250Credit Suisse in a note Friday morning highlighted their themes and stock picks for 2016. Observing that the first two weeks have been volatile to begin the year, they gave thoughts on both Risk-On and Risk-Off markets. In a Risk-Off market, Credit Suisse prefers defense names, in spite of...
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Lockheed Martin Receives Sensor Sustainment Contract for the Apache Attack Helicopter, $31.8M Value
Wednesday, January 6, 2016 - 9:30am | 250The U.S. Army awarded Lockheed Martin (NYSE: LMT) a $31.8 million contract in December 2015 to sustain the AH-64D/E Apache's targeting and pilotage system, the Modernized Target Acquisition Designation Sight/Pilot Night Vision Sensor (M-TADS/PNVS). This Performance-Based Logistics (PBL) contract...
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Stocks Hitting 52-Week Highs
Tuesday, December 1, 2015 - 10:14am | 171Campbell Soup Company (NYSE: CPB) shares touched a new 52-week high of $53.63. Argus Research upgraded Campbell Soup from Hold to Buy. Gartner Inc (NYSE: IT) shares reached a new 52-week high of $94.33. Gartner shares have surged 10.21 percent over the past 52 weeks, while the S&P 500 index...
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Morning Market Gainers
Tuesday, December 1, 2015 - 9:43am | 443Giga-tronics, Incorporated (NASDAQ: GIGA) shares jumped 160.36 percent to $2.89 following the announcement of a software licensing agreement with Lockheed Martin Corporation (NYSE: LMT). Spherix Inc (NASDAQ: SPEX) gained 25.43 percent to $0.439 as the company said it no longer has a $5 million...
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Benzinga's Top #PreMarket Gainers
Tuesday, December 1, 2015 - 8:16am | 213Giga-tronics, Incorporated (NASDAQ: GIGA) shares rose 108.11 percent to $2.31 in pre-market trading following the announcement of a software licensing agreement with Lockheed Martin Corporation (NYSE: LMT). Abengoa SA (ADR) (NASDAQ: ABGB) shares rose 14.08 percent to $2.35 in pre-market...
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Benzinga's Top Downgrades
Monday, November 30, 2015 - 8:52am | 355Analysts at Barclays downgraded Lockheed Martin Corporation (NYSE: LMT) from Equal-weight to Underweight. The price target for Lockheed Martin has been lowered from $215 to $210. Lockheed Martin shares closed at $225.96 on Friday. Evercore ISI Group downgraded Marriott International Inc (NASDAQ:...
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D-Wave Systems Announces Multi-Year Agreement With Lockheed Martin
Monday, November 16, 2015 - 9:02am | 379D-Wave Systems Inc., the world's first quantum computing company, today announced that it has entered into a multi-year agreement with Lockheed Martin (NYSE: LMT) to upgrade the company's 512-qubit D-Wave Two™ quantum computer to the new D-Wave 2X™ system with 1,000+ qubits. This represents the...
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Early Global News: Valeant, Cybersecurity Making The Rounds
Wednesday, November 11, 2015 - 10:01am | 351Early Global News looks to keep readers ahead of the pack. Here are few headline on the EGN radar from Wednesday morning. The FASB vote on lease accounting overhaul is imminent, as noted in the Wall Street Journal blog. The overhaul of lease accounting regulations that assures to bring as much...
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Lockheed Martin Awarded $4.6M Contract for the Continued Development of a Maritime Canister-Launched sUAS
Tuesday, November 3, 2015 - 9:01am | 234Lockheed Martin (NYSE: LMT) was awarded a $4.6 million contract from the Combating Terrorism Technical Support Office (CTTSO) for the continued development of a maritime canister-launched small Unmanned Aircraft System (sUAS). The Lockheed Martin Vector Hawk UAS can reconfigure to match specific...
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Benzinga's Top Downgrades
Friday, October 30, 2015 - 8:35am | 357Analysts at Bank of America downgraded Arch Capital Group Ltd. (NASDAQ: ACGL) from Neutral to Underperform. Arch Capital Group shares closed at $77.65 on Thursday. Raymond James downgraded DigitalGlobe Inc (NYSE: DGI) from Outperform to Market Perform. DigitalGlobe shares closed at $19.90 on...
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Stocks Hitting 52-Week Highs
Tuesday, October 27, 2015 - 9:36am | 174Waste Connections, Inc. (NYSE: WCN) shares gained 4.12 percent to reach a new 52-week high of $53.54. Waste Connections reported upbeat Q3 earnings and acquired a provider of waste collection, recycling, transfer and disposal services. Lockheed Martin Corporation (NYSE: LMT) shares rose 1.04...
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Keep an Eye on These 10 Stocks for October 20, 2015
Tuesday, October 20, 2015 - 3:51am | 399Some of the stocks that may grab investor focus today are: Wall Street expects Yahoo! Inc. (NASDAQ: YHOO) to post its quarterly earnings at $0.17 per share on revenue of $1.26 billion. Yahoo shares gained 0.03 percent to $33.51 in after-hours trading. Analysts expect Verizon Communications Inc. (...
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Earnings Scheduled For October 20, 2015
Tuesday, October 20, 2015 - 3:07am | 694Verizon Communications Inc. (NYSE: VZ) is estimated to report its quarterly earnings at $1.02 per share on revenue of $32.94 billion. Yahoo! Inc. (NASDAQ: YHOO) is projected to post its quarterly earnings at $0.17 per share on revenue of $1.26 billion. Harley-Davidson Inc (NYSE: HOG) is...
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US Stock Futures Edge Lower; All Eyes On Fed Decision
Thursday, September 17, 2015 - 5:48am | 444Pre-open movers US stock futures traded lower in early pre-market trade. Data on housing starts for August, weekly jobless claims and current account for the second quarter will be released at 8:30 a.m. ET. The Philly Fed index for September will be released at 10:00 a.m. ET. The FOMC is scheduled...
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UPDATE: Lockheed Martin Awarded Desert Hawk 3 Contract from U.K. Ministry of Defence
Thursday, September 17, 2015 - 4:32am | 205The U.K. Ministry of Defence has awarded Lockheed Martin (NYSE: LMT) a contract to support the Desert Hawk 3 programme and establish the small unmanned aerial system (UAS) as a Core Defence Capability. "Desert Hawk has served the U.K. military well in providing intelligence, reconnaissance and...