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Stock Market & Financial Investment News

News Breaks
December 4, 2012
05:09 EDTNOC, ROC, 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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May 23, 2013
18:23 EDTNOCNorthrop Grumman increases investment in Australia
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May 21, 2013
07:46 EDTERJEmbraer and SkyWest sign contract for 40 firm E-jets
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07:36 EDTROCRockwood shares recommended ahead of catalysts at Credit Suisse
Credit Suisse continues to believe there is further upside to Rockwood shares driven by catalysts that include the exiting of the TiO2 business and other assets, and balance sheet flexibility. Shares are Outperform rated with an $81 price target.
07:12 EDTROCBuyout firms eye Rockwood Holdings pigments businesses, Reuters reports
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06:56 EDTERJSkyWest announces agreement with Embraer for 100 firm, 100 options for E175s
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06:52 EDTERJSkyWest announces agreement with United for 40 Embraer E175 regional jets
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06:48 EDTERJUnited to add 40 more Embraer 76-seat aircraft to United Express fleet
United Airlines (UAL) announced a capacity purchase agreement for SkyWest Airlines, a wholly-owned subsidiary of SkyWest (SKYW), to operate 40 Embraer (ERJ) 175 aircraft under the United Express brand. SkyWest will purchase the 40 76-seat aircraft with deliveries in 2014 and 2015. These aircraft are in addition to 30 Embraer 175 aircraft that United previously announced it will purchase and which will be operated by a United Express carrier, also scheduled for delivery between 2014 and 2015.
06:10 EDTROCOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: JPMorgan Chase (JPM) plans to shake-up of its board even if every director wins re-election at today’s shareholder meeting and James Dimon keeps his dual job as chairman and CEO, the Wall Street Journal reports...Mutual-fund firms are joining activist investors in getting more aggressive over demands for change in how board members are paid at U.S. companies. Activist investors have been experimenting more frequently with incentive pay packages for the board members they nominate in proxy fights, the Wall Street Journal reports...REUTERS: Specialty chemicals producer Rockwood Holdings’s (ROC) pigments businesses have attracted offers from buyout firms including Blackstone Group (BX) and Advent International, sources say, Reuters reports...The Asian prime brokerage unit of Credit Suisse (CS) replaced Morgan Stanley (MS) as the second largest firm servicing the region's $148B hedge funds industry, according to a survey by AsiaHedge. Goldman Sachs (GS) remains Asia's top prime broker with 179 clients and total assets under management of $24.6B, Reuters reports...BLOOMBERG: Bank managers in the U.S. are less likely to engage in mergers and acquisitions this year as regulators heighten scrutiny on potential deals and sellers wait for higher valuations, according to a KPMG survey, Bloomberg reports...PIMCO’s Bill Gross says the bull market for bonds may have ended last month. But investors are staying put. Four years into the biggest rally in U.S. stocks since 2000, bond mutual funds are attracting more money than their equity counterparts, Bloomberg reports.
May 20, 2013
17:09 EDTNOCNorthrop Grumman awarded $113.72M U.S. Navy contract
Northrop Grumman is being awarded an $113.72M advance acquisition contract with fixed-price line items for long lead materials and related support for the Full Rate Production of five E-2D Advanced Hawkeye Lot 2 aircraft. Work is expected to be completed in March 2014.
10:11 EDTNOCOn The Fly: Analyst Upgrade Summary
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08:04 EDTROCBofA/Merrill's U.S. chemicals analyst holds an analyst/industry conference call
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07:21 EDTNOCNorthrop Grumman upgraded to Buy from Hold at Drexel Hamilton
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06:28 EDTNOCNorthrop Grumman upgraded to Fair Value from Sell at CRT Capital
May 17, 2013
16:21 EDTNOCOn The Fly: Closing Wrap
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12:05 EDTNOCOn The Fly: Midday Wrap
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May 16, 2013
17:01 EDTNOCNorthrop Grumman announces additional $4B share repurchase authorization
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07:28 EDTNOCRBC Capital to host a conference
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May 15, 2013
07:01 EDTNOCNorthrop Grumman increases dividend by 11% to 61c
The increase to 61c per share from 55c per share is payable June 12 to shareholders of record as of the close of business May 28.
May 14, 2013
10:04 EDTERJEmbraer management to meet with JPMorgan
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May 13, 2013
17:18 EDTNOCNorthrop Grumman awarded $555.6M Air Force contract
Northrup Grumman is being awarded a maximum ceiling $555.6M indefinite-delivery/indefinite-quantity contract for Global Hawk modernization. Work is expected to be completed by May 14, 2015.
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