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Stock Market & Financial Investment News

News Breaks
July 14, 2014
12:46 EDTBAESY, LMTBAE goes against Lockheed for $10B F-16 revamp work, Reuters says
BAE Systems (BAESY) anticipates to win more than half of the $10B market to upgrade F-16 fighter jets, saying its cost-effective offering could give it a leg-up in the fight against Lockheed Martin (LMT), according to Reuters, citing comments from BAE Systems' vice president for global fighter programs John Bean. Reference Link
News For LMT;BAESY From The Last 14 Days
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November 21, 2014
17:07 EDTLMTLockheed Martin awarded $4.12B government contract modification
Lockheed Martin Corp., Lockheed Martin Aeronautics, is being awarded a $4.12B modification to a previously awarded fixed-price-incentive firm-target contract for the production of 43 Low Rate Initial Production Lot VIII F-35 Lightning II aircraft.
10:00 EDTLMTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Best Buy (BBY) upgraded to Outperform from Market Perform at Telsey Advisory... BlackRock (BLK) upgraded to Outperform from Market Perform at Bernstein... Cerner (CERN) upgraded to Outperform from Market Perform at Cowen... Community Health (CYH) upgraded to Outperform from Market Perform at Raymond James... Lockheed Martin (LMT) upgraded to Neutral from Sell at UBS... Teekay Offshore Partners (TOO) upgraded to Buy from Neutral at Citigroup... Trinity Industries (TRN) upgraded to Buy from Neutral at Longbow... Zebra Technologies (ZBRA) upgraded to Overweight from Neutral at JPMorgan... Ross Stores (ROST) upgraded to Hold from Sell at Maxim... St. Jude Medical (STJ) upgraded to Outperform from Market Perform at Cowen... Wolverine World Wide (WWW) upgraded to Buy from Neutral at DA Davidson... D.R. Horton (DHI) upgraded to Market Perform from Underperform at Raymond James... KB Home (KBH) upgraded to Market Perform from Underperform at Raymond James... Sony (SNE) upgraded to Overweight from Neutral at JPMorgan.
05:53 EDTLMTLockheed Martin upgraded to Neutral from Sell at UBS
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November 20, 2014
10:01 EDTBAESYBAE Systems awarded contract by DARPA valued at $3.2M
The U.S. Defense Advanced Research Projects Agency has awarded BAE Systems a contract to combat the rapid evolution of technological threats posed by U.S. adversaries. The work will aim to develop a new framework of reliable, jam-resistant networked communications as part of the Communications in Contested Environments program. Valued at $3.2M, the contract for a new open system architecture is for the first phase of DARPA’s C2E initiative.
November 18, 2014
05:36 EDTBAESYBAE Systems initiated with an Outperform at Credit Suisse
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November 17, 2014
10:01 EDTBAESYBAE Systems submits proposal for U.S. Army's CIRCM program
BAE Systems announced that it has submitted its proposal for the U.S. Army’s Common Infrared Countermeasure program. CIRCM is a lightweight, low-cost, and modular laser-based aircraft protection system, designed to protect U.S. rotary- and fixed-wing aircraft from infrared guided missiles.
November 14, 2014
12:31 EDTBAESYBAE Systems management to meet with Jefferies
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06:15 EDTLMTLockheed Martin pursuing new markets amid cuts in weapons budget, WSJ reports
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November 13, 2014
07:38 EDTLMTBloomberg Link to hold a conference
The Year Ahead: 2015 is being held in Washington, D.C. with a pre-conference dinner on November 13 followed by company presentations on November 14,
November 11, 2014
10:05 EDTLMTLockheed Martin awarded $40.3M contract from US Air Force
Lockheed Martin received a $40.3M contract from the U.S. Air Force for follow-on production of Paveway II Plus Laser Guided Bomb kits. The contract represents the majority share of fiscal year 2014 funding and the eighth award under the five-year indefinite delivery, indefinite quantity contract. Deliveries will begin in June 2015 and will include computer control groups and airfoil groups for GBU-10 and GBU-12 bombs. The Paveway II Plus LGB kits incorporate an upgraded laser guidance package, significantly improving overall system performance and precision.
November 10, 2014
15:43 EDTLMTAmerican Petroleum Institute to hold a conference
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