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Stock Market & Financial Investment News

News Breaks
July 25, 2014
18:02 EDTCOLRockwell Collins sells military ground-based satellite communications business
Rockwell Collins announced it has completed the sale of its satellite communications business. The business, which designs, manufactures and services ground-based satellite communication systems primarily for military customers, will be renamed DataPath, Inc. The sale includes operations in Duluth, Georgia, and Stockholm, Sweden, and includes approximately 365 employees.
News For COL From The Last 14 Days
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February 23, 2015
06:51 EDTCOLAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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