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Stock Market & Financial Investment News

News Breaks
September 13, 2012
06:12 EDTCME, NOC, EADSY, LMT, BA, NSRGY, UTX, BAESYOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Economists are skeptical about the economic benefits of another round of bond buying by the Fed, though most expect the central bank to embark on that course when its latest policy meeting concludes today, according to the Wall Street Journal's latest forecasting survey...The planned European aerospace and defense mega-merger of European Aeronautic Defence and Space (EADSY) and BAE Systems (BAESY) could set-off the largest shake-up among U.S. rivals in nearly 20 years, the Wall Street Journal reports...REUTERS: CME Group (CME) said it plans to expand its offering of yuan products to include deliverable offshore yuan futures, a move which should further help internationalize China's currency. It plans to have the futures dual-listed on the CME and CME Europe in Q4 2012 and Q2 2013, respectively, Reuters reports...U.S. regulators and exchanges are looking at sweeping circuit breakers and other speed bumps for high-speed electronic trading in case glitches occur, industry executives said, Reuters reports...BLOOMBERG: Wilbur Ross, whose WL Ross & Co. manages about $10B of assets, said private equity investors are increasingly interested in shipping after a four-year rout caused by overcapacity. His firm was among investors who spent $900M last year on 30 tankers hauling refined oil products, Bloomberg reports...Nestle (NSRGY) said China sales will probably grow about 20% this year as a result of increasing wages and the government’s policy to boost local consumption, Bloomberg reports.
News For EADSY;BAESY;BA;NOC;UTX;LMT;CME;NSRGY From The Last 14 Days
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May 20, 2013
11:25 EDTBABoeing volatility at low end of historic range as shares at record high
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10:11 EDTNOCOn The Fly: Analyst Upgrade Summary
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07:21 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Drexel Hamilton
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07:20 EDTBABoeing price target raised to $105 from $98 at JPMorgan
JPMorgan raised its price target for Boeing citing expectations for higher 787 profitability and keeps an Overweight rating on the stock.
07:16 EDTBABoeing price target raised to $115 from $100 at Stifel
Stifel increased its price target on Boeing, citing several factors including resumption of 787 deliveries and production work on 787-9, improved margins, and better than expected results from its defense business. The firm keeps a Buy rating on the stock.
06:28 EDTNOCNorthrop Grumman upgraded to Fair Value from Sell at CRT Capital
05:46 EDTBABoeing look to improve more Dreamliner systems, WSJ reports
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May 17, 2013
16:21 EDTNOCOn The Fly: Closing Wrap
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12:05 EDTNOCOn The Fly: Midday Wrap
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10:09 EDTBABoeing to host investor meeting
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05:51 EDTCMERegulators target exchanges, WSJ reports
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May 16, 2013
17:01 EDTNOCNorthrop Grumman announces additional $4B share repurchase authorization
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11:08 EDTBABoeing announces 115 new 737 orders in weekly update
Boeing on its website announced 115 new orders in its weekly update consisting of 35 737s for Southwest Airlines, 70 737s for Turkish Airlines, and 10 737s for WestJet. In the changes category, Boeing reduced 737 net orders by 30.
09:27 EDTNSRGYNestle invests CHF 29M to strengthen supply chain in Russia
Nestlé is investing more than CHF 29M in new distribution facilities in Russia to meet growing demand for its products in the country. The company is extending its distribution centre at its manufacturing site in Vorsino in the region of Kaluga to better serve consumers across Russia and other Commonwealth of Independent States countries. The investment will have created about 100 new jobs by the time the new facilities are fully operational in October this year.
07:28 EDTNOCRBC Capital to host a conference
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06:20 EDTBABoeing price target raised to $112 from $105 at Citigroup
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May 15, 2013
17:30 EDTBAGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
16:05 EDTEADSYWesco announces milestone agreement wit Airbus
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12:31 EDTEADSYKuwait airlines sees Airbus as best value, Reuters says
Kuwait Airways picked Airbus to provide new jets because its proposal was the best value for money, says Reuters, citing the transport minister's comments. Reference Link
11:30 EDTBABoeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
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