New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 20, 2014
13:18 EDTRTN, UTX, BA, NOC, LMT, BAESY, GDWhite House says Obama could veto defense bill, Defense News reports
The White House warned that President Obama could veto a defense appropriations bill if it too closely resembles a bill passed by the House Armed Services Committee, according to Defense News. The House committee's bill would stop the Navy from retiring or inactivating cruisers or dock landing ships and force it to overhaul the George Washington aircraft carrier instead of retiring it, the website stated. 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).Reference Link
News For LMT;UTX;GD;NOC;RTN;BAESY;BA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent news | >>
April 21, 2015
13:11 EDTBAEarnings Watch: Boeing expects Q1 core EPS to be smallest in FY15
Subscribe for More Information
12:33 EDTUTXOn The Fly: Top stock stories at midday
Subscribe for More Information
08:41 EDTUTXOptions expected to be active
Options expected to be active: UA TEVA PRGO MYL UTX QCOM VMW HOG CMG IBM VZ
08:18 EDTRTNBernstein cautious on Raytheon acquisition of Websense
Subscribe for More Information
08:04 EDTRTNRaytheon to field new space-based system to improve accuracy of GPS
Thanks to a newly awarded $103M Federal Aviation Administration contract, Raytheon will field the new element in a space-based system. The Raytheon-supplied system will be a key feature of the FAA's Wide Area Augmentation System, or WAAS, which improves the availability and accuracy of Global Positioning System, or GPS, signals to enable use by commercial and general aviation aircraft. The company will develop a payload to be incorporated into a new geostationary satellite and two associated ground uplink stations to support the WAAS system within U.S. airspace.
07:29 EDTLMTLockheed Martin reports Q1 Aeronautics sales $3.13B
Subscribe for More Information
07:28 EDTLMTLockheed Martin raises FY15 EPS to $10.85-$11.15 from $10.80-$11.10
FY15 EPS consensus of $11.14. Backs FY15 revenue $43.5B-$45B, consensus $44.65B. Backs FY15 orders $43.5B-$45B. Raises FY15 consolidated operating profit to $5.35B-$5.5B from $5.3B-$5.45B. Raises FY15 business segment operating profit to $5.15B-$5.3B from $5.1B-$5.25B.
07:26 EDTLMTLockheed Martin reports Q1 EPS $2.74, consensus $2.50
Subscribe for More Information
07:09 EDTBABoeing April weekly volatility elevated into Q1 and outlook
Subscribe for More Information
07:04 EDTUTXUnited Technologies backs FY15 EPS view of $6.85-$7.05, consensus $6.98
Sees FY15 revenue $65B-$66B, consensus $65.38B. Gregory Hayes, UTC president and CEO, stated, "Although commercial aerospace aftermarket growth was slower in the quarter than we anticipate for the year. The commercial building business in the U.S. is looking better and I'm encouraged by the signs of growth that we're seeing in Europe. We remain confident in our expectations of 3%-5% organic top line growth and sales of $65B-$66B, and this continues to support our EPS guidance of $6.85-$7.05 in 2015."
07:03 EDTUTXUnited Technologies reports Q1 EPS ex-items $1.51, consensus $1.45
Subscribe for More Information
07:00 EDTUTXUnited Technologies reports Q1 EPS $1.58, consensus $1.45
Reports Q1 revenue $14.54B, consensus $14.88B.
April 20, 2015
15:37 EDTUTX, LMTNotable companies reporting before tomorrow's open
Subscribe for More Information
14:27 EDTUTXUnited Technologies technical notes ahead of results
The key technical feature on the 1-year chart is a potential bearish head and shoulders top pattern. That pattern will not become active unless there is a move below the $115 area. On worse than expected news or outlook given that price is currently at $166.50, such a move would be highly probable. The downside potential for the pattern if it becomes active and completes is to the $105 area. If the news is more bullish than current expectations would suggest, the first level of significance on the upside would be at the 50-day moving average at $119.48. A breakout above the 50-day would be bullish with news resistance at $124.45, the 52-week high.
12:35 EDTRTNCybersecurity stocks rally after Raytheon announces joint venture
The shares of cybersecurity companies are rising after Raytheon (RTN), a major defense contractor, announced that it was forming a cybersecuity joint venture with a company in the sector, Websense. Raytheon will acquire control of Websense as part of the deal. WHAT'S NEW: Raytheon announced that it had agreed to form a joint venture with Websense, which is owned by Vista Equity Partners. Under the deal, Websense will combine with Raytheon Cyber Products, a business unit of Raytheon's Intelligence, Information and Services segment. Raytheon will pay about $1.57B for an 80.3% stake in the joint venture. Additionally, Raytheon will pay $1.9B, net of cash acquired, to buy Websense. Of the $1.9B, $600M will be in the form of an intercompany loan to the joint venture. The combined company will be treated as a separate business segment of Raytheon, the defense contractor stated. John McCormack, the CEO of Websense, will be the CEO of the unit. The deal is expected to close next quarter. ANALYST REACTION: In a note to investors earlier today, Wells Fargo analyst Sam Pearlstein wrote that the deal will raise Raytheon's non-GAAP, 2015 adjusted earnings per share by about 6c. However, the transaction will lower Raytheon's EPS on a GAAP basis for 2015 by 48c, driven by amortization of intangibles, deferred revenue, and one-time costs, according to Pearlstein. The analyst kept an Outperform rating on Raytheon shares. WHAT'S NOTABLE: Cybersecurity company Check Point (CHKP) reported stronger than expected first quarter results today. Its Q2 guidance was roughly in-line with analysts' consensus estimates at the midpoints of the ranges given for earnings and revenue. Additionally, Check Point announced a partnership with another cybersecurity company, FireEye (FEYE). The companies said they would share threat intelligence to protect customers from modern advanced attacks. PRICE ACTION: In early afternoon trading,Check Point jumped 5.4% to $86.14, FireEye rose 3.8% to $42.39, Palo Alto (PANW) gained 2.4% to $146, Fortinet (FTNT) added 1.7% to $34.28, Proofpoint (PFPT) advanced 1.7% to $58, and Raytheon slid 0.3% to $107.40.
10:01 EDTNOCNorthrop Grumman, Caltech establish space solar power initiative
Subscribe for More Information
09:19 EDTRTNRaytheon likely to trade down on joint venture news, says Wells Fargo
Subscribe for More Information
08:32 EDTBAESYBofA/Merrill European strategists hold an analyst/industry conference call
Subscribe for More Information
07:05 EDTRTNRaytheon and Vista Equity agree to form cybersecurity company
Subscribe for More Information
05:59 EDTRTNRaytheon expected to acquire control of Websense, form new venture, WSJ reports
Subscribe for More Information
1 | 2 | 3 | 4 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use