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Stock Market & Financial Investment News

News Breaks
January 23, 2014
05:58 EDTGDGeneral Dynamics upgraded to Outperform from Perform at Oppenheimer
Oppenheimer upgraded General Dynamics with a $119 price target following the company's Q4 results. Opco is encouraged by the company's plans to accelerate share repurchases and the pick-up at Gulfstream.
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April 10, 2015
06:22 EDTGDDoD enacts stricter rules on research spending by contractors, WSJ says
The Department of Defense is enacting stricter rules on how defense companies can spent $4B of the department's research budget, following a report that explained that much of the budget was used to increase contractors' bids or to develop their own proprietary technology, reports the Wall Street Journal. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX).

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