5:38am ET
Military
Ten Companies Profiting Most From War
The business of war is profitable. In 2011, the 100 largest contractors sold $410 billion in arms and military services. Just 10 of those companies sold over $208 billion. Based on a…
GD Coverage Page 16
11:50am ET
The Impact of Spending Cuts on Defense Contractors (LMT, BA, NOC, GD, RTN)
ThinkstockIf most Americans had ever heard the term “sequester” before last fall, they probably thought it meant something like entering a monastery or convent. But in the doublespeak of the current world…
8:50am ET
Military
Can U.S. Defense Stocks Survive Drastic Budget Cuts? (UBS, GD, RTN, ATK)
ThinkstockIf there is one thing a U.S. politician does not want to appear after the horror of 9/11, it is being weak on defense. Yet with the exception of entitlements, the biggest…
4:05pm ET
Investing
24/7 Wall St. Closing Bell — January 23, 2013: Market Open Higher on Little News (COST, GE, VZ, F, INCY, AMD, CSX, GOOG, IBM, IGT, TXN, ABT, BHI, COH, GD, MCD, LCC, AAPL, AMGN, NFLX, SNDK, FFIV, NE, NVR, WDC, MMM, BMY, LMT, RYN, LUV, UNP, UAL, XRX, MAPP, AGN, NMRX, MCP)
U.S. equity markets opened higher this morning following a string of solid earnings reports yesterday and after markets closed last night. As we note below, earnings results were more mixed today, but…
4:04pm ET
Investing
24/7 Wall St. Closing Bell — January 22, 2013: Markets Shake Off Early Doldrums (TWC, SLB, DISH, ARMH, LNKD, DAL, FCX, JNJ, KSU, RF, VZ, AMD, CSX, GOOG, IBM, IGT, TXN, ABT, BHI, COH, GD, MCD, LCC, RIMM, DQ, LDK, ARNA)
U.S. equity markets opened about flat this morning following the holiday weekend in the U.S. Foreign markets were also more or less mixed. In Europe, the German and eurozone economic indexes came…
9:13am ET
Investing
UBS Sees Growth Outshining the American Taxpayer Relief Act
thinkstockWith a down to the wire timing that has become a tradition in Washington D.C., the House and the Senate approved what is being called the The American Taxpayer Relief Act of…
4:05pm ET
Investing
24/7 Wall St. Closing Bell — October 24, 2012: Markets Can’t Hold Morning Gains (BUD, NOK, CHKP, AAPL, DLTR, AMGN, BRCM, FB, JNPR, NFLX, T, BA, GLW, LLY, EMC, GD, LCC, ANGI, CLF, CROX, FFIV, RRC, RYL, AET, ZNGA, ALK, AN, BG, CL, DNKN, NOV, POT, UAL, RF, TPX, ZZ, ATI)
The three major U.S. stock indexes opened higher this morning following a better-than-expected PMI reading from China (more coverage here) that was mostly untempered by lower-than-expected PMI readings from Europe (more coverage…
7:53am ET
Military
Defense Firms’ Earnings Mixed (GD, NOC)
Defense contractors General Dynamics Corp. (NYSE: GD) and Northrop Grumman Corp. (NYSE: NOC) reported third quarter 2012 results before markets opened this morning. General Dynamics posted diluted earnings per share (EPS) of…
4:03pm ET
Investing
24/7 Wall St. Closing Bell — October 23, 2012: Markets Follow Earnings Lower (BTU, BHI, P, YHOO, MNST, CE, WDC, TXN, MMM, ARMH, AKS, COH, HOG, RSH, UPS, UTX, XRX, AMGN, BRCM, FB, JNPR, NFLX, T, BA, GLW, DAL, LLY, EMC, GD, LCC, DD, BSDM)
The three major U.S. stock indexes opened lower this morning and remained in negative territory all day. The decline is down to weak earnings from many U.S. firms reporting results today. In…
2:07pm ET
Defense Mergers Still Likely After BAE-EADS Failure (LMT, BA, NOC, RTN, GD)
The defense industry has been warning about the effects of the coming fiscal cliff for several months now. If Congress fails to come to a resolution on how the U.S. will begin…
1:12pm ET
Military
Lockheed Martin Dividend Hike, Now Yields 5%!!!
Lockheed Martin (NYSE: LMT) has just joined the dividend hike brigade. We have previously written that this would likely be the case and the hike was right in line with the upper-end…
7:49am ET
Military
EADS/BAE Merger: Waves of Consolidation, Antitrust and Problems for Global Aerospace and Defense
This proposed merger between EADS and BAE is going to be more than complicated. Frankly, we also wonder about the legality of such a merger and wonder how other defense and aerospace firms…
11:12am ET
Investing
An EADS/BAE Merger or Combination? Is It Even Possible? (Updated)
Boeing Co. (NYSE: BA) and other aerospace and defense contractors like Lockheed Martin Corporation (NYSE: LMT) and General Dynamics Corp. (NYSE: GD) could have some even larger competition to fend off. We…
5:51pm ET
Military
U.S. Arms Sales Top $66 Billion in 2011
In a new report from the Congressional Research Service, written by Richard F. Grimmett and Paul K. Kerr, the agency said that U.S. arms exports reached $66.3 billion, according to an account in The…
4:09pm ET
Investing
24/7 Wall St. Closing Bell — July 25, 2012: Markets Mixed on Spotty Earnings Reports
The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…