All Posts Tagged With: "BA"

(RTN) Raytheon Profits Up – Sales Slip

Raytheon Company (RTN) reported fourth quarter and fiscal 2011 results. The company reported fourth-quarter adjusted earnings of $1.74 per share, beating the Zacks Consensus Estimate by 40 cents. Results were also higher than the year-ago quarterly earnings of $1.55 per share.... 

30Jan2012 | | 0 comments | Continued

(LMT) Lockheed Martin Posts Mixed Numbers

World’s largest stand-alone defense contractor, Lockheed Martin Corporation (LMT) exited fiscal 2011 with mixed fortunes. The company posted fourth-quarter 2011 operating earnings of $2.14 per share, beating the Zacks Consensus Estimate of $1.94. However, this was lower than... 

30Jan2012 | | 0 comments | Continued

(LMT) Aerospace & Defense Stock Overview – January 2012 – Zacks Analyst Interviews

The growth of the Aerospace and Defense industry depends largely on the spending outlook of government departments, with the U.S. defense budget being the primary driver. The U.S. is the world’s largest aerospace and defense market, and also home to the world’s largest military... 

29Jan2012 | | 0 comments | Continued

(AA) Stock Market News for January 26, 2012 – Market News

Markets recouped initial losses of and made a strong comeback after the Federal Reserve provided assurances that it would keep interest rates near zero until late 2014.The Dow hit its highest levels since May last year, while a robust earnings report from Apple propelled Nasdaq... 

26Jan2012 | | 0 comments | Continued

(AAPL) Jan 25: All Eyes on the Fed – Economic Highlights

The focus today will be on the Fed, as the central bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today’s... 

25Jan2012 | | 0 comments | Continued

(AAPL) Focus Moves Toward the Federal Reserve

The focus today will be on the Fed, as the Central Bank unveils a new measure as part of its ongoing efforts to improve communication with the markets. The prospect of an even longer timeframe for lower interest rates, as many in the markets are hoping to come out of today’s... 

25Jan2012 | | 0 comments | Continued

(ABT) Earnings Season in Full Swing – Earnings Preview

Earnings Preview 1/20/12 Earnings season will be in full swing this week. 422 firms are scheduled to report, and 117 of those will be members of the S&P 500. By the end of the week we should have a very good handle on just how weak or strong this earnings season will be. The... 

24Jan2012 | | 0 comments | Continued

(RTN) Raytheon in Patriot Upgrade Deal

Raytheon Company (RTN) has received a $51.3 million contract from the U.S. Army Aviation and Missile Command (“AMCOM”) to upgrade and configure the Patriot Advanced Capability-2 missiles into the Guidance Enhanced Missile-Tactical (GEM-T) pattern. Patriot is a long-range,... 

19Jan2012 | | 0 comments | Continued

(BA) Boeing Picks B/E Aerospace for 737 Lavatory

The Boeing Company (BA) announced that it has chosen B/E Aerospace Inc. (BEAV) to become the exclusive manufacturer of modular lavatory systems for Boeing’s 737 Next-Generation family of airplanes. The estimated value of the award is in excess of $800 million, exclusive... 

19Jan2012 | | 0 comments | Continued

(UAL) Airline Stock Outlook – January 2012 – Industry Outlook

The airline industry was hit hard in 2011, by the unrelenting market turmoil and rising fuel costs after a strong rebound in 2010. Major carriers experienced declining year-over-year earnings and revenues. Unfortunately, we foresee a similar scenario in 2012. Conditions could... 

13Jan2012 | | 0 comments | Continued

(ADP) Stock Market News for January 6, 2012 – Market News

A slew of better than expected economic reports helped the indices to close flat, after fresh eurozone worries weighed on the markets which opened lower. For the very first time this year, the Dow closed in the red, while the Nasdaq and the S&P 500 index registered small... 

6Jan2012 | | 0 comments | Continued

(BBBY) Housing in the Spotlight – Earnings Preview

Earnings Preview 12/16/11 There will only be a handful of firms reporting next week as the third quarter reporting season is almost over. A total of just 34 firms are scheduled to report, including 13 of the S&P 500. Most of the firms reporting have November fiscal period-ends,... 

19Dec2011 | | 0 comments | Continued

(LUV) Southwest Airlines Adds More 737s to Fleet

One of the leading domestic carrier, Southwest Airlines (LUV) ordered 208 Boeing (BA) 737 MAX jetliners worth $19 billion, representing the largest ever order in terms of value and numbers. The deliveries of the new order are expected to begin from 2017, bringing the total order... 

15Dec2011 | | 0 comments | Continued

(XRT) Stock Market News for December 14, 2011 – Market News

Markets eroded initial gains on Tuesday after it emerged that the Federal Reserve had no new gifts to offer to the economy. The central bank also cautioned that the global financial scenario poses a serious threat for the domestic economy. Additionally, with the pre-holiday rush... 

14Dec2011 | | 0 comments | Continued

(BA) Boeing Announces It Has Finalized Agreement With Air Lease Corporation

The Boeing Company (BA) announced that it has finalized an agreement with Air Lease Corporation (AL) for supplying four 787-9 Dreamliners. Air Lease also exercised an existing option for procurement of four Next-Generation 737-800s. Overall, the order value came at above $1.2... 

12Dec2011 | | 0 comments | Continued

(BA) Commercial Aerospace – Upside Story

The tide for commercial aerospace appears to have turned, as the global economy continues to recover. Both airline traffic and new aircraft orders have significantly recovered from their recession lows. Therefore, the stocks dealing with aerospace and defense products should... 

8Dec2011 | | 0 comments | Continued

(PCE) U.S. Defense Industry to go on Low Fat Diet?

A nation burdened by $15 trillion of national debt and an unemployment rate of 9% has resorted to bariatric surgery of its budget. The administration is catching up to reduce flab in the budget, and the defense budget seems to stand out. In what is one of the final steps, the... 

2Dec2011 | | 0 comments | Continued

(UAL) United Continental Holdings Earns FAA Certification

The largest U.S. airline United Continental Holdings Inc. (UAL), created by the merger of United Airlines and Continental Airlines last year, received a single operating certificate from Federal Aviation Administration (FAA). So far, United and Continental were operating as separate... 

2Dec2011 | | 0 comments | Continued

(RTN) Raytheon to Make Miniature Decoys

Raytheon Company (RTN) received authorization from the U.S. Air Force to begin Low Rate Initial Production (“LRIP”) of its Miniature Air Launched Decoy Jammer (“MALD-J”) variant. Concurrently, the Air Force also exercised a contract option and Raytheon received a $5 million... 

1Dec2011 | | 0 comments | Continued

(GE) General Electric Analyst Maintains Neutral on Shares – Analysis

We maintain a Neutral rating on General Electric Company (GE), since the shares appear to be fairly valued. While the 10.8 multiple to our earnings estimate for 2011 represents a 37% discount to the peer group, we believe the valuation is justified by GE’s weaker earnings power. The... 

30Nov2011 | | 0 comments | Continued

(NOC) Northrop Grumman Analyst Maintains Neutral Rating

We maintain our Neutral recommendation on Northrop Grumman Corporation (NOC), which is the third largest defense contractor behind The Boeing Company (BA) and Lockheed Martin Corporation (LMT) in the U.S. in terms of trailing twelve-month sales. Northrop’s fortunes are heavily... 

28Nov2011 | | 0 comments | Continued

(LMT) Lockheed Martin Upgrades Sensors for Navy

Defense major Lockheed Martin Corporation (LMT) received a contract from the U.S. Navy for continuing the development work of Infrared Search and Track (“IRST”) sensor system for the U.S. Navy F/A-18E/F. In a combat, the ability to strike first accurately holds the key to... 

28Nov2011 | | 0 comments | Continued

(AXP) Stock Market News for November 4, 2011 – Market News

Greecereversed its call for a referendum on the European debt deal that calmed nerves and helped the markets log their second consecutive days of gains. A drop in weekly jobless claims further added to the cheer coupled with the European Central Bank’s decision to reduce the... 

4Nov2011 | | 0 comments | Continued

(AEP) Company News for October 27, 2011 – Corporate Summary

•    American Electric Power Co., Inc.’s (NYSE:AEP) third quarter 2011 adjusted EPS of $1.17 came in ahead of the Zacks Consensus Estimate of $1.14 •    General Dynamics Corp. (NYSE:GD) posted third-quarter 2011 operating earnings of $1.83 per share, beating the Zacks... 

28Oct2011 | | 0 comments | Continued

(LMT) Lockheed Martin to Maintain Persistent Threat Detection Systems for Army

Defense contractor Lockheed Martin Corporation (LMT) announced that it received a contract from the U.S. Army worth $383 million to maintain, operate and sustain the Persistent Threat Detection Systems (“PTDS”). PDTS is a helium filled aerostat, which is a highly effective,... 

20Oct2011 | | 0 comments | Continued

(BA) U.S. Durable Goods Orders Flat in August

New Orders for Durable Goods dipped a slight 0.1% in August. That was slightly below the consensus expectations of an increase of 0.1%. The July numbers were revised slightly upwards. It was first reported as an increase of 4.0%, but now they say new orders rose 4.1%. Given the... 

11Oct2011 | | 0 comments | Continued

(BA) Boeing Hopes to Ride Asia Pacific Boom

The Boeing Company (BA) forecasts the Asia Pacific region will require hundreds of thousands of new commercial airline pilots and technicians over the next 20 years to support airline fleet modernization and the rapid growth of air travel. Boeing expects to capture a large chunk... 

24Sep2011 | | 0 comments | Continued

(GD) General Dynamics to Acquire Metro Machine

General Dynamics Corporation (GD) has entered into an agreement to acquire Metro Machine Corp., a leading East Coast surface-ship repair company that supports the U.S. Navy fleet in Norfolk, Virginia. The acquisition is expected to be accretive to General Dynamics’ earnings... 

24Sep2011 | | 0 comments | Continued

(RTN) Raytheon Installs Advanced Extremely High Frequency Secure Mobile Anti-jam Reliable Tactical Terminal

Raytheon Company (RTN) has installed the first Advanced Extremely High Frequency (“AEHF”) Secure Mobile Anti-jam Reliable Tactical Terminal (“SMART-T”) satellite communications solution at the U.S. armed services’ tactical units. Raytheon plans to install approximately... 

21Sep2011 | | 0 comments | Continued

(BA) Boeing Earns Wideband Global SATCOM Contract From Air Force

The Boeing Company (BA) received a $1.09 billion contract modification from the U.S. Air Force. The contract modification is for the existing Block II follow-on contract for full production, launch and on-orbit activation of the seventh Wideband Global SATCOM (“WGS”) satellite... 

20Sep2011 | | 0 comments | Continued