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.…
Jon OggInvestors and traders often get to read about the Wall Street analyst upgrades, but they often do not get to hear when to sell or avoid a stock. Each morning 24/7…
Courtesy Boeing Co.It was barely over a week ago that we couldn’t help but notice how the aerospace and defense stocks were getting hit hard to lower share prices despite the notion…
When nations go to war, the so-called military industrial complex is generally considered to be the real winner when it comes to the economic side of the equation. Warfare is a very…
Courtesy Boeing Co.The defense division of Boeing Co. (NYSE: BA) is reportedly in position to win a $7.4 billion contract to supply the government of South Korea with 60 of the company’s…
July 24, 2013: U.S. equity markets opened higher this morning following upbeat estimates for eurozone flash PMI readings. In Asia, China’s PMI came in lower than expected, leading to more worries about…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Wednesday, July 24, 2013. They include Embraer, Lockheed Martin, United Parcel Service and Wendy's.
July 23, 2013: U.S. equity markets opened higher this morning, but only the DJIA was able to stay in positive territory throughout the day. There was little economic data out of Europe…
ThinkstockLockheed Martin Corp. (NYSE: LMT) reported second-quarter 2013 results before markets opened this morning. The defense firm posted diluted earnings per share (EPS) of $2.64 on revenues of $11.4 billion. In the…
Paul Ausick July 22, 2013: U.S. equity markets opened mixed this morning with the DJIA dipping on a poor earnings report from McDonald’s Corp. (NYSE: MCD). There was no economic data release of note in…
