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Stock Market & Financial Investment News

News Breaks
July 22, 2014
11:03 EDTLMT, FFord announces retirement of Chief Technical Officer Mascarenas
Ford (F) announced today that Paul Mascarenas, Chief Technical Officer and vice president, research and advanced engineering, has elected to retire after 32 years at Ford, effective October. 1. He is being succeeded by Ken Washington, who is named vice president, research and advanced engineering, effective August. 18. Washington most recently was vice president of the space technology advanced research & development daboratories at Lockheed Martin’s (LMT) space systems company.
News For F;LMT From The Last 14 Days
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June 24, 2015
09:10 EDTFOn The Fly: Pre-market Movers
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06:26 EDTFFord upgraded to Buy from Neutral at Goldman
Goldman upgraded Ford to Buy and increased its price target to $19 from $18. The firm expects earnings momentum to accelerate in 2H and into 2016 driven by full production of the new F-150 and further market share gains following the launch of the Super Duty. Goldman expects positive pricing and low levels of relative incentives with its refreshed products. Further, Goldman expects Ford's position in China to continue to improve given strong product launch tempo.
05:40 EDTFFord launches car-share business in six U.S. cities, London, CNBC says
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June 23, 2015
17:44 EDTFGoldman ups Ford to Buy, cuts GM to Neutral
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17:27 EDTFFord upgraded to Buy from Neutral at Goldman
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16:22 EDTLMTAerojet Rocketdyne awarded contract by Lockheed Martin
Aerojet Rocketdyne (AJRD) recently was awarded a contract from Lockheed Martin (LMT) to deliver XR-5 Hall Effect and MR-510 Arcjet electric propulsion subsystems, as well as monopropellant rocket engines for the modernized A2100 satellite. The contract is for delivery of the flight propulsion subsystems aboard two modernized A2100 satellites that Arabsat recently ordered from Lockheed Martin.
12:05 EDTFFord seeks to migrate driver-assist technologies over product lineup over 5 yrs
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June 22, 2015
17:21 EDTLMTLockheed Martin awarded maximum $870M government contract modification
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09:40 EDTFActive equity options trading on open
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June 19, 2015
10:50 EDTFEPA proposes new rules for medium- and heavy-duty truck emissions
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June 17, 2015
13:05 EDTFJ.D. Power: Japanese auto brands struggle to keep up with pace of improvement
With a significant year-over-year improvement, Korean brands continue to widen the quality gap with other automakers, while Japanese makes collectively fall below industry average for the first time in 29 years, according to the J.D. Power 2015 U.S. Initial Quality StudySM released today. Korean brands lead the industry in initial quality by the widest margin ever, averaging 90 PP100, which is an 11 PP100 improvement from 2014. For the first time in the study, European brands surpass Japanese brands, while domestic makes equal the Japanese for only a second time. Porsche (POAHY) ranks highest in initial quality for a third consecutive year, posting a score of 80 PP100. With a 20 PP100 improvement from 2014, Kia follows Porsche in the rankings at 86 PP100. This marks the first time in the history of the study that Kia has led all non-premium makes in initial quality. Jaguar (TTM), Hyundai (HYMLF) and Infiniti (NSANY) round out the top five nameplates. Infiniti is one of the most improved brands in the study, lowering its problem score by 31 PP100 from 2014. Reference Link
09:07 EDTLMTLockheed Martin to provide Sniper targeting pods to Jordanian Air Force
Lockheed Martin received a contract to deliver 10 Sniper Advanced Targeting Pods to the Royal Jordanian Air Force in support of urgent operational requirements.
08:07 EDTLMTLockheed Martin to deliver B737-NG simulator to Southeast Asia training center
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June 16, 2015
11:01 EDTLMTRaytheon, Bombardier, Lockheed Martin join forces for JSTARS Recap program
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09:08 EDTLMTUS Army and Javeline JV conducts successful live-fire tests
The U.S. Army and the Javelin Joint Venture, comprising Raytheon (RTN) and Lockheed Martin (LMT), recently conducted successful live-fire Javelin missile engagements against tank targets from different launcher and platform configurations as part of a demonstration to current foreign military sales users. Each of the three Javelin missiles used during the tests at Redstone Arsenal in Huntsville, Alabama, was fired from a different launcher or platform – from a Command Launch Unit; from a vehicle using a Remote Weapon Station; and from the U.S. Army's recently deployed Containerized Weapon System, also using a RWS. The CLU-launched missile hit a target at 4,000 meters, while the vehicle-launched and CWS-launched missiles hit targets positioned at 1,100 meters and 700 meters, respectively.
06:10 EDTLMTAirbus, Boeing, Lockheed among companies eyeing Sikorsky, WSJ says
Guillaume Faury, the president of Airbus Helicopters (EADSY), is said to be watching United Technologies' (UTX) plan to offload its Sikorsky unit, though Airbus has not committed to making a bid for its rival, The Wall Street Journal reports. United Tech said yesterday that it will sell or spin off Sikorsky, which makes Black Hawk helicopters, within the next two months. Sources say that in addition to Airbus potentially being interested in Sikorsky, there is also interest coming from Lockheed Martin (LMT), Boeing (BA) and Textron (TXT). Reference Link
June 15, 2015
15:14 EDTFAuto union to start formal negotiations with carmakers in July, Bloomberg says
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15:05 EDTFDetroit Economic Club to hold a meeting
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13:42 EDTLMTDBA approves initial phase of Seahawk team's investment with Danish industry
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10:01 EDTLMTLockheed Martin to increase workforce at Cap Canaveral by more than 20%
Lockheed Martin employment at Cape Canaveral, Florida, will grow by more than 20% by 2017, with the addition of 130 jobs to support the U.S. Navy's Trident II D5 Fleet Ballistic Missile program.
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