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Stock Market & Financial Investment News

News Breaks
June 16, 2014
12:01 EDTGD, KMPGeneral Dynamics NASSCO enters into contract with APT affiliate
General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (GD), has entered into a contract with an affiliate of American Petroleum Tankers, or APT, a wholly owned subsidiary of Kinder Morgan Energy Partners, L.P. (KMP), for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity. Construction is scheduled to begin in 4Q15, with delivery scheduled for 2Q17. This new tanker, supported by a long-term charter, will be constructed at the NASSCO shipyard in San Diego, meeting the Jones Act requirement that ships carrying cargo between U.S. ports be built in U.S. shipyards.
News For GD;KMP From The Last 14 Days
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October 30, 2014
15:01 EDTGDGeneral Dynamics subsidiary receives $84M award for Ohio replacement program
The U. S. Navy has awarded General Dynamics Electric Boat a $83.8M contract modification to continue development of the Common Missile Compartment for the Ohio replacement submarine and the United Kingdom's Successor ballistic-missile submarine. Electric Boat is a wholly owned subsidiary of General Dynamics.
October 29, 2014
08:57 EDTGDGeneral Dynamics price target raised to $164 from $138 at Sterne Agee
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October 27, 2014
16:23 EDTGDGeneral Dynamics Canada awarded multi-million dollar contract by Peruvian Navy
General Dynamics Canada has been awarded a multi-million dollar contract to upgrade four SH-2G Super Seasprite helicopters with an integrated mission system to enhance the operational capability of the Peruvian Navy and its ability to meet the demands of modern maritime missions. The contract, facilitated by the Canadian Commercial Corporation, or CCC, the Government of Canada's international government-to-government contracting organization, includes the acquisition of five helicopters by Peru. Four are for remanufacture and upgrade by General Dynamics Canada and the fifth one will be overhauled prior to delivery directly to Peru. The contract was awarded as a result of a Memorandum of Understanding between the Government of Peru, through the Peruvian Ministry of National Defense, and the Government of Canada, through CCC.
October 24, 2014
14:01 EDTGDGeneral Dynamics awarded CDN$122M contract
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10:03 EDTKMPOn The Fly: Analyst Downgrade Summary
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07:50 EDTKMPKinder Morgan Energy downgraded to Hold from Buy at Argus
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07:34 EDTKMPNEB prevents City of Burnaby from blocking Trans Mountain
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October 23, 2014
11:11 EDTGDGeneral Dynamics unit receives $18.9M contract from U.S. Navy
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10:01 EDTGDGeneral Dynamics receives DMCC contract from NSA
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October 22, 2014
09:14 EDTGDGeneral Dynamics: Aerospace to enjoystrong order intake in Q4
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09:14 EDTGDGeneral Dynamics raises FY14 EPS cont ops to 7.60-$7.70 from $7.40-$7.45
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07:07 EDTGDGeneral Dynamics reports end Q3 backlog $74.4B
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07:06 EDTGDGeneral Dynamics reports Q3 EPS $2.06, consensus $1.91
Reports Q3 revenue $7.75B, consensus $7.58B. Company-wide operating margins for Q3 were 12.9%, 50 basis points higher than third-quarter 2013 margins.
October 21, 2014
15:35 EDTGDNotable companies reporting before tomorrow's open
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07:26 EDTKMPKinder Morgan pipeline faces opposition from native tribes, Reuters says
Kinder Morgan's plans for a Canadian pipeline expansion worth $4.8B is now up against lawsuits from indigenous communities who are aiming to use the courts to hinder the proposed oil pipeline, according to Reuters, citing comments from Grand Chief of the Union of British Columbia Indian Chiefs Stewart Phillip. Reference Link
October 17, 2014
16:56 EDTGDLongview Asset reports 9.97% stake in General Dynamics

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