Moody’s warns that Japan’s finances will be hurt if it cannot get acceptance of a new sales tax. (Reuters) New Chinese factory data indicate that the industry’s activity may have ... Read Full Story »
Aircraft maker Boeing Co. (NYSE: BA) reported first quarter earnings this morning that handily beat expectations for EPS and revenues. EPS came in at $1.22 on revenue of $19.4 billion, ... Read Full Story »
Global sales of arms and military services by the 100 largest defense contractors increased in 2010 to $411.1 billion, according to the Stockholm International Peace Research Institute. The increase reflects ... Read Full Story »
All three major US indexes opened higher this morning, but enthusiasm tapered off quickly and steadily, if not sharply. A drop in the number of new home sales and a ... Read Full Story »
The 10 most expensive weapons systems in the world total $868 billion in research and development and manufacturing costs. The Department of Defense has commissioned each of the weapons. The ... Read Full Story »
Can Audi pass BMW, which passed Mercedes? The ongoing race for the prime position among luxury car companies in the U.S. was won by BMW in 2011. It sold 247,907 ... Read Full Story »
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Acme Packet, Inc. (NASDAQ: APKT) Cut to Neutral ... Read Full Story »
The U.S. sold $29.4 billion worth of F-15s to Saudi Arabia. The State Department and defense contractors can take whatever solace they need in the adage that fighter jets do not ... Read Full Story »
F-16 and F-15 production lines are being extended by U.S. government sales to Iraq, Saudi Arabia and Oman by Lockheed Martin (NYSE: LMT) and Boeing (NYSE: BA), made through the ... Read Full Story »
It is no secret that Iran is a saber-rattling nation. The country wants to be relevant on the global stage so much that it keeps up with its nuclear ambitions ... Read Full Story »
AT&T (NYSE: T) gives up on its effort to buy T-Mobile. (Reuters) Apple (NASDAQ: AAPL) wins a patent case over HTC in the smartphone wars. (Reuters) Olympus will sell shares ... Read Full Story »
The US House-Senate budget reduction committee, or the ‘super committee’, that is charged with recommending $1.5 trillion in budget cuts over the next 10 years has just another 10 ... Read Full Story »
Wednesday was a major day for dividend hikes. We saw higher dividends and higher distributions from the following: AFLAC Inc. (NYSE: AFL); Atlas Pipeline Partners LP (NYSE: APL); Barrick Gold Corporation (NYSE: ABX); ... Read Full Story »
It’s that time of year again, when proxies are released and many business publications run lists of the highest paid CEOs at America’s large public companies. The compensation figures are ... Read Full Story »
This was no good week for stocks even if the markets have bounced off the lows numerous times on Friday. The low of the DJIA on Friday morning of 10,638 ... Read Full Story »