The government of South Korea has announced that it will seek bids for four military refueling tankers in June, and Boeing said on Wednesday that it intends to compete for the contract.
Global military spending was down in 2012 for the first time since 1998. Based on figures compiled by the Stockholm International Peace Research Institute (SIPRI), 24/7 Wall St. examined the 10 companies…
24/7 Wall St. has closely monitored Wall Street Sell ratings and noticed what seems to be a pickup in the sheer number of calls from firms that we cover. Here is a…
courtesy Boeing Co.Defense Secretary Chuck Hagel was to release a budget proposal Monday that would reduce the size of the U.S. Army to levels not seen since before World War II. So,…
It will be interesting to see ultimately the overall effect on the stocks that were cut to a Sell. One thing is for sure, given the names that are hitting the Sell…
Despite the bad press it has received over the suits it provided to the U.S. Olympic speed skating team, Under Armour on Friday confirmed that it has renewed its partnership with US…
ThinkstockAt 24/7 Wall Street we have been running weekly research screens to scan the brokerage firms we cover for the stocks that are cut to Underperform or Sell ratings. The higher the…
Despite last year's sequester and numerous walls of worry to climb, the defense and aerospace stocks have shined. In a new research report, UBS suggests that most of the money has been…
Wikimedia CommonsUnder Armour Inc. (NYSE: UA) lost its chance to become an Olympic contender in the cutthroat competition of the athletic apparel business this week, when the U.S. speed-skating team at the…
Shares of Ocean Power Technologies soared Tuesday following an announcement that the company has a $205.68 million deal with U.S. defense giant Lockheed Martin to produce the world’s largest wave energy project…
Paul Ausick Alternative energy company Ocean Power Technologies was for all practical purposes gone and forgotten about until 2013. Now comes news that has the stock surging.
Jon C. Ogg ThinkstockThe economy has never gone back into major expansion mode after the recession. After all, the financial media often doubts the bull market, and the Federal Reserve and other central banks are…
courtesy Boeing Co.Lockheed Martin Corp. (NYSE: LMT) is the first of the defense contractors to acknowledge how badly it has been gored by the federal government’s slowdown in military spending. Its layoff of…
courtesy Deere & Co.UBS has a list of stocks that investors may want to consider selling. They could even be a list of short sale candidates. The UBS team is bashing Apache…
Courtesy Lockheed Martin Corp.Lockheed Martin Corp. (NYSE: LMT), the world’s largest defense contractor, had said on Friday that it would furlough some 3,000 employees as a result of the federal government shutdown.…
