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Stock Market & Financial Investment News

News Breaks
December 14, 2012
15:44 EDTRTNRaytheon awarded $208M government contract modification
Raytheon is being awarded a firm-fixed price contract modification for the AN/TPY-2 radar in the amount of $207,922,395, increasing the total contract value from $364,024,477 to $571,946,872. Under this contract modification, Raytheon will manufacture and deliver the AN/TPY-2 Radar #11 with associated spares and three forward-based prime power units with associated spares. The work will be performed in Woburn, Mass. The performance period is from Jan. 1, 2013, through May 30, 2015. The contracting activity is Missile Defense Agency, Huntsville, Ala.
News For RTN From The Last 14 Days
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September 30, 2014
10:02 EDTRTNOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: AMAG Pharmaceuticals (AMAG) upgraded to Outperform at FBR Capital... Addus HomeCare (ADUS) upgraded to Outperform from Perform at Oppenheimer... Alcoa (AA) upgraded at BofA/Merrill... Ashford Hospitality Prime (AHP) upgraded to Outperform from at FBR Capital... Associated British Foods (ASBFY) upgraded to Outperform from Neutral at Credit Suisse... CSC (CSC) upgraded at Raymond James... Century Aluminum (CENX) upgraded to Buy from Neutral at BofA/Merrill... Dominion Diamond (DDC) upgraded to Overweight from Equal Weight at Barclays... Flagstar Bancorp (FBC) upgraded to Neutral from Sell at BTIG... Freeport McMoRan (FCX) upgraded to Buy from Neutral at BofA/Merrill... Hudbay Minerals (HBM) upgraded to Buy from Neutral at BofA/Merrill... ICU Medical (ICUI) upgraded at Raymond James... Lockheed Martin (LMT) upgraded at Stifel... Mellanox (MLNX) upgraded to Overweight from Neutral at Piper Jaffray... NiSource (NI) upgraded to Outperform from Neutral at Credit Suisse... Northwest Bancshares (NWBI) upgraded to Outperform at Boenning & Scattergood... NuVasive (NUVA) upgraded to Buy from Hold at Brean Capital... Patterson-UTI Energy (PTEN) upgraded to Equal Weight at Morgan Stanley... Raytheon (RTN) upgraded at Stifel... Royal Dutch Shell (RDS.A) upgraded to Outperform from Market Perform at Bernstein... Seventy Seven Energy (SSE) upgraded to Buy from Hold at Jefferies... TIBCO (TIBX) upgraded to Equal Weight from Underweight at Barclays... Taseko Mines (TGB) upgraded to Neutral from Underperform at BofA/Merrill... Teekay (TK) upgraded to Buy from Hold at Deutsche Bank... Toyota (TM) upgraded to Overweight from Neutral at JPMorgan.
08:09 EDTRTNRaytheon awarded $149.3M contract from Rafael Advanced Defense Systems
Raytheon has received a contract award from Rafael Advanced Defense Systems valued at $149.3M to provide products for the Tamir interceptor used in the defensive Iron Dome Weapon System. Raytheon will utilize its extensive technology resources and supplier network to provide a second source of supply for essential Iron Dome interceptor components.
07:08 EDTRTNRaytheon upgraded at Stifel
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September 29, 2014
16:13 EDTRTNRaytheon upgraded to Buy from Hold at Stifel
Stifel transferred coverage on Raytheon with a Hold rating from a Buy rating.
05:36 EDTRTNRaytheon announces partnership with TELDAT
Raytheon is partnering with TELDAT to develop and produce advanced militarized routers for the Patriot Air and Missile Defense system. TELDAT engineers and technicians will design, integrate and qualify this key communications networking technology for Patriot. Under the initial contract, the engineering teams from each company can begin design work and trade studies.
September 26, 2014
17:30 EDTRTNRaytheon awarded $251M Tomahawk missile contract
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September 24, 2014
17:08 EDTRTNRaytheon awarded $251.13M government contract
Raytheon is being awarded a $251.13M firm-fixed-price contract for the procurement of 231 Tomahawk Block IV All-Up-Round missiles for the U.S. Navy and the United Kingdom. Work is expected to be completed in August 2016. Fiscal 2013 and 2014 weapons procurement funds, and foreign military sales funds in the amount of $251.13M, are being obligated at time of award, none of which will expire at the end of the current fiscal year.
September 23, 2014
08:38 EDTRTNBofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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September 22, 2014
05:21 EDTRTNRaytheon signs cooperation agreement with Lechmotoren
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September 17, 2014
09:31 EDTRTNHouse Committee on Ways & Means to hold a hearing
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