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Stock Market & Financial Investment News

News Breaks
August 6, 2014
10:37 EDTNOC, GD, HIINorthrop awarded contracts from U.S. Navy, others for DDGs
Northrop Grumman (NOC) has been awarded contracts from the U.S. Navy, General Dynamics (GD) Bath Iron Works and Huntington Ingalls (HII) Industries to provide integrated bridge and navigation systems and steering gear systems to modernize Arleigh Burke-class guided missile destroyers, or DDGs. Naval Sea Systems Command exercised options for the acquisition and testing of five integrated bridge and navigation systems valued at $11M. General Dynamics Bath Iron Works and Huntington Ingalls Industries jointly exercised options for six steering gear systems valued at $30M. Back fit installation of the IBNS systems by the Navy will be conducted at the home ports of the vessels during their modernization windows. For the new build ships, steering gear systems and IBNS systems will be installed at the shipyards of Bath Iron Works and Huntington Ingalls Industries. Deliveries will begin in 2015 and are expected to be completed by 2021.
News For NOC;GD;HII From The Last 14 Days
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September 12, 2014
17:44 EDTNOCBAE Systems, others collectively awarded $5.04B government contract
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12:01 EDTNOCTwo F/A-18C Hornet fighters crash in Pacific Ocean, WSJ says
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10:01 EDTGDGeneral Dynamics confirms $234M contract awarded by U.S. Navy
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September 11, 2014
17:20 EDTGDGeneral Dynamics awarded $234.23M government contract
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September 10, 2014
09:02 EDTNOCNorthrop Grumman awarded $11.9M contract by DARPA
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September 8, 2014
14:01 EDTGDGeneral Dynamics to consolidate two information systems, technology businesses
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September 3, 2014
05:54 EDTGDGeneral Dynamics awarded GBP 3.5B contract in UK
General Dynamics UK has been awarded a contract by the UK Ministry of Defence, or MoD, to deliver 589 SCOUT Specialist Vehicle, or SV, platforms to the British Army to provide essential capability to the Armoured Cavalry within Army 2020. The platforms, consisting of six variants, will be delivered to the British Army between 2017 and 2024, alongside the provision of initial in-service support and training, and will serve at the heart of the Armoured Infantry Brigade structure. This contract directly safeguards or creates up to 1,300 jobs across the programme's UK supply chain, with 300 of these at General Dynamics UK's Oakdale site.
September 2, 2014
14:02 EDTGDGeneral Dynamics to receive order for 600 infantry vehicles from U.K., FT says
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10:02 EDTNOCOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Cabot Oil & Gas (COG) upgraded at Stifel... Century Aluminum (CENX) upgraded to Overweight from Equal Weight at Morgan Stanley... Groupon (GRPN) upgraded at RBC Capital... Hawaiian Electric (HE) upgraded to Neutral from Cautious at ISI Group... Life Time Fitness (LTM) upgraded to Overweight from Neutral at Piper Jaffray... Live Nation (LYV) upgraded to Buy from Neutral at Northcoast... Northrop Grumman (NOC) upgraded at RBC Capital... Panasonic (PCRFY) upgraded to Buy from Sell at CLSA... Progressive (PGR) upgraded at Goldman... RCS Capital (RCAP) upgraded to Buy from Neutral at Citigroup... SandRidge Energy (SD) upgraded at Stifel... Staples (SPLS) upgraded to Outperform from Neutral at Credit Suisse... Statoil (STO) upgraded to Buy from Hold at Deutsche Bank... Tenaris (TS) upgraded to Neutral from Sell at UBS... Tesla (TSLA) upgraded at Stifel... Ultratech (UTEK) upgraded to Outperform from Market Perform at Barrington... Volkswagen (VLKAY) upgraded to Outperform from Neutral at Exane BNP Paribas... Waddell & Reed (WDR) upgraded to Buy from Hold at Jefferies... Willis Group (WSH) upgraded to Outperform from Market Perform at Keefe Bruyette... zulily (ZU) upgraded to Buy from Fair Value at CRT Capital.
07:16 EDTNOCNorthrop Grumman upgraded at RBC Capital
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06:08 EDTNOCNorthrop Grumman upgraded to Outperform from Sector Perform at RBC Capital
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