Industrial Goods
(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews
Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...2May2013 | vitalstocks | Comments Off | Continued
(CECE) CECO Environmental to Acquire Met-Pro
CECO Environmental Corp. (CECE) recently announced that it has signed an agreement to acquire Met-Pro Corp. (MPR). Met-Pro is a niche-oriented provider of product...2May2013 | vitalstocks | Comments Off | Continued
(WY) Bullish on Weyerhaeuser
We recently upgraded Weyerhaeuser Company (WY) from Neutral to an Outperform recommendation. Why the Upgrade? Weyerhaeuser is one of the leading U.S. forest product companies and has a market capitalization...2May2013 | vitalstocks | Comments Off | Continued
(ITT) ITT Earnings Beat Estimate
ITT Corporation (ITT) reportedfirst quarter 2013 earnings per share of 47 cents, which were 9.3% above the Zacks Consensus Estimate of 43 cents. Earnings were up 21% year over year. Profits during the quarter were...2May2013 | vitalstocks | Comments Off | Continued
(LMT) Lockheed Martin to Build Ocean Thermal Energy Conversion Plant in China
Lockheed Martin Corporation (LMT) has entered into an agreement with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant located off the coast of southern China. Per the agreement, this offshore...27Apr2013 | vitalstocks | Comments Off | Continued
(UFPI) Universal Forest Products Posts Upbeat 2013 First Quarter
Universal Forest Products Inc. (UFPI) reported one of the finest first quarter results on Apr 17, 2013. The company rode high on the back of strong sales performance in its five market segments with a net income surging 25.7% over...27Apr2013 | vitalstocks | Comments Off | Continued
(COL) Rockwell Collins Stays Neutral
We reaffirmed our long-term Neutral recommendation on Rockwell Collins, Inc. (COL) on Apr 11, 2013. We remain upbeat on the company’s balanced exposure to both types of customers, namely, commercial and military, as well as its strong...27Apr2013 | vitalstocks | Comments Off | Continued
(LEN) Lennar Sells Senior Notes
Lennar Corporation (LEN) recently sold senior notes worth $50 million due on Nov 15, 2022 to initial purchasers, who in turn will resell the senior notes to qualified institutional buyers. The senior notes, which carry an interest...27Apr2013 | vitalstocks | Comments Off | Continued
(ORN) UniTek Global Services Law Violation to be Probed
Law firm Glancy Binkow & Goldberg LLP is investigating potential claims on behalf of investors of UniTek Global Services, Inc. (UNTK) regarding the possible breach of federal securities laws by the company. The probe looks...27Apr2013 | vitalstocks | Comments Off | Continued
(VMC) Vulcan Materials on a Tightrope
On Apr 15, we maintained a Neutral recommendation on Vulcan Materials Company (VMC) due to steady recovery in its end markets, despite weak fourth quarter results. Why the Neutral Recommendation? Vulcan’s...27Apr2013 | vitalstocks | Comments Off | Continued
(BA) Aerospace & Defense Stock Overview – April 2013 – Zacks Analyst Interviews
Overview The aerospace and defense industry found its largest base in the U.S. with a military budget fittingly impressive. The country’s global leadership position requires it to maintain the capacity to respond to the ever-changing national security environment. But...25Apr2013 | vitalstocks | Comments Off | Continued
(ERJ) Embraer Posts Weak First Quarter Aircraft Deliveries
Embraer S.A. (ERJ) has delivered a total of 29 jets in the first quarter of 2013 ending Mar 31, 2013, which fell short of the 34 deliveries made in the same period last year. Of the total, 17 jets were delivered to the commercial...23Apr2013 | vitalstocks | Comments Off | Continued
(HON) Honeywell Beats Earnings Estimate
Despite macroeconomic headwinds, Honeywell International Inc. (HON) reported solid first quarter 2013 results with earnings of $966 million or $1.21 per share compared to $825 million or $1.04 in the year-ago quarter, representing...22Apr2013 | vitalstocks | Comments Off | Continued
(DE) Deere & Company Outperforms Industry in March
Shares of Deere & Company (DE), producer of agricultural and forestry equipment and construction equipment, went up 1% following the announcement of above-industry March sales growth across the board. To elaborate, in the...21Apr2013 | vitalstocks | Comments Off | Continued
(TKR) Timken Buys Smith Services Assets
The Timken Company (TKR), a producer of anti-friction bearings and steel, recently acquired the assets of privately held Smith Services Inc. The value of the acquisition was not made public. Based in Princeton, W.Va., Smith...21Apr2013 | vitalstocks | Comments Off | Continued
(BA) Airline Industry Stock Outlook – Apr 2013 – Zacks Analyst Interviews
Leaving behind the effects of an unstable oil price scenario and sluggish world trade, the global airline industry is expected to perk up through 2013 on improved passenger traffic and freight volumes. This improved backdrop is reflected in the International Air Transport Association’s (IATA)...21Apr2013 | vitalstocks | Comments Off | Continued
(RS) Reliance Steel-Metals USA Holdings Merger Gets Shareholder OK
Reliance Steel & Aluminum Co.’s (RS) impending acquisition of Metals USA Holdings Corp. (MUSA) has been cleared by the latter’s shareholders. Shareholders...21Apr2013 | vitalstocks | Comments Off | Continued
(RTN) Raytheon Clinches $35.9M DTRA Deal
Raytheon Company (RTN) wins a three-year Defense Threat Reduction Agency or DTRA border security agreement. The contract is valued at $35.9 million. Per the agreement, Raytheon is responsible for designing, developing and implementing...21Apr2013 | vitalstocks | Comments Off | Continued
(NOC) Northrop Grumman Wins Contract Modification
Northrop Grumman Corp. (NOC) won a modification contract from the U.S. Air Force for its Global Hawk unmanned aircraft system. This contract has a total value of $71 million. Global Hawk is an unmanned aircraft system and has...18Apr2013 | vitalstocks | Comments Off | Continued
(WY) Weyerhaeuser Raises Dividend
Weyerhaeuser Company (WY) once again announced rewards in the form of quarterly dividends for its shareholders. This time the dividends were higher than the disbursements made previously. The quarterly dividend rate has been...18Apr2013 | vitalstocks | Comments Off | Continued
(BA) Boeing Provides First Quarter Delivery Report
International commercial airplane producer, The Boeing Company (BA) announced its deliveries across its commercial and defense operations for the first quarter of 2013. The company maintained its quarter delivery level on an annualized...18Apr2013 | vitalstocks | Comments Off | Continued
(RTN) Raytheon Gets Missile Contracts
Raytheon Company (RTN) was awarded two missile contracts by the Department of Defense (DoD). The total value of the agreement is $70.5 million. The lion’s share of these contracts, worth $49.9 million, comprises of the modification...18Apr2013 | vitalstocks | Comments Off | Continued
(LMT) Lockheed Martin Inks $256.6M Deal
The aerospace and defense major Lockheed Martin Corporation (LMT) has received a total of five standalone contracts from the Department of Defense (DoD). The total contract value is $256.6 million. The lion’s share of these...17Apr2013 | vitalstocks | Comments Off | Continued
(LLL) L-3 Communications Holdings Hits New 52-Week High
On Apr 11, 2013, shares of L-3 Communications Holdings Inc. (LLL) hit a new 52-week high of $83.99. Earlier, in Jan 2012, the company had reported solid fourth-quarter results with a positive earnings surprise of 6.13%. L-3 Communications...15Apr2013 | vitalstocks | Comments Off | Continued
(LMT) Lockheed Martin in Supply Pact with NASA
Lockheed Martin Corporation (LMT) has received an order from the National Aeronautics and Space Administration (NASA) to supply biomedical, medical and health services for all human spaceflight programs of the latter. The contract,...11Apr2013 | vitalstocks | Comments Off | Continued
(NOC) Northrop Grumman Upgrades Sensor System
Northrop Grumman Corporation (NOC) has introduced the Fourth Generation Tracking Adjunct Sensor (4G TAS) for its Hawk air defense system. The company’s Electronic Systems business is responsible for this new product development. The...8Apr2013 | vitalstocks | Comments Off | Continued
(GLDD) Great Lakes Dredge & Dock Corporation Earnings Fall Short
Great Lakes Dredge & Dock Corporation (GLDD) reported earnings per share of 1 cent in the fourth quarter of 2012, falling way short of the Zacks Consensus Estimate of 18 cents and the year-ago quarter’s earnings of 12 cents...4Apr2013 | vitalstocks | Comments Off | Continued
(ASEI) American Science and Engineering Appoints New CEO
Leading supplier of innovative X-ray inspection systems, American Science and Engineering, Inc (ASEI) recently announced the appointment of Charles P. Dougherty as its President and Chief Executive Officer (CEO). Dougherty will hold...4Apr2013 | vitalstocks | Comments Off | Continued
(GD) General Dynamics Gets $40 Million Order for Saudi Tanks
General Dynamics Corporation’s (GD) subsidiary General Dynamics Land Systems has entered into a $40 million agreement with the U.S. Army TACOM Life Cycle Management Command. The deal comes under the U.S. Foreign Military Sales contract...4Apr2013 | vitalstocks | Comments Off | Continued
(CAT) Caterpillar to Cut Jobs in Milwaukee
Caterpillar Inc. (CAT) is reportedly laying off around 300 workers or 40% of its South Milwaukee production work force by June citing lower sales as the reason. The company stated that various company locations are facing short-term...4Apr2013 | vitalstocks | Comments Off | Continued