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Stock Market & Financial Investment News

News Breaks
December 4, 2012
05:09 EDTROC, NOC, ERJNorthrop Grumman provides gyro-compass navigation system for Embraer Legacy jet
Northrop Grumman (NOC), in cooperation with prime contractor Rockwell Collins (ROC), provided the attitude and heading reference system, or AHRS, that recently supported the first flight of the new Embraer (ERJ) Legacy 500 executive jet.
News For NOC;ROC;ERJ From The Last 14 Days
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March 5, 2015
15:09 EDTNOCNorthrop Grumman licenses AFT technology to GE Intelligent Platforms
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09:34 EDTERJEmbraer downgraded to Hold from Buy at Drexel Hamilton
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09:04 EDTNOCNorthrop Grumman awarded $267M contract by U.S. Navy
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06:16 EDTNOCPentagon delays bomber contract until summer, WSJ says
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March 4, 2015
19:01 EDTERJEmbraer sees FY15 revenue $6.1B-$6.6B, consensus $6.86B
Expected deliveries of 95-100 jets in the Commercial Aviation segment and 35-40 large jets and 80-90 light jets in the Executive Jets segment, with Defense & Security revenues of $1.1B-$1.25B in FY15.
18:58 EDTERJEmbraer reports Q4 EPS 50c, consensus 91c
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February 27, 2015
17:29 EDTNOCNorthrop Grumman awarded $148.3M government contract
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February 23, 2015
06:51 EDTERJAerospace sector downgraded to Neutral from Attractive at Goldman
Goldman downgraded the Aerospace sector to Neutral based on group outperformance and increased downside risks. The firm believes Boeing (BA) and Airbus are now oversupplying the market after a decade of undersupply and replacement demand required to sustain production may prove difficult to achieve. Goldman said accelerated new aircraft replacements was partially due to fuel economics and lower fuel prices and global growth volatility could substantially change Aerospace dynamics. As part of the sector view change, Goldman downgraded Boeing to Sell from Neutral and Precision Castparts (PCP) to Natural from Buy.

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