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Honeywell International Reports In-Line Q4, Shares Tick Higher
Friday, January 29, 2016 - 10:25am | 278Read More...Shares of Honeywell International Inc. (NYSE: HON) were trading higher by 1.9 percent at $99.80 heading into Friday's opening bell after the company reported its fourth quarter results. Honeywell International earned $1.58 per share on revenue of $9.98 billion - matching Wall Street's...
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Aerospace ETFs Try To Take Flight
Monday, January 11, 2016 - 11:56am | 857Read More...Industrial stocks struggled last year as the sixth-largest sector weight in the S&P 500 was confounded by, slumping oil prices, the rising dollar and slack demand for some transportation services, among other factors. The Industrial Select Sector SPDR (NYSE: XLI), the largest...
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Goldman On Defense Sector: Outperformance May Have Only Just Begun
Monday, January 4, 2016 - 3:30pm | 321Read More...In a new report, Goldman Sachs analyst Noah Poponak discussed the firm’s bullish outlook for defense stocks in 2016 and beyond. Goldman believes that a new long-term cyclical upswing in the sector has just begun. Still Early For Defense According to Poponak, investors still have time to get...
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Boeing's Muilenburg Sees Space, Drones And China In Company's Future
Friday, September 25, 2015 - 12:28pm | 345Read More...This week, Boeing Co (NYSE: BA) CEO Dennis Muilenburg spoke about the company's future plans during a talk in Seattle. The newly appointed leader said he believes the company's future lies in deeper connections across the globe as innovation in the aerospace sector continues to advance. Muilenburg...
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Why Precision Castparts Is A 'Perfect Fit' For Berkshire Hathaway
Monday, August 10, 2015 - 1:39pm | 570Read More...Shares of Precision Castparts Corp. (NYSE: PCP) were trading higher by nearly 20 percent mid-Monday after Warren Buffett's Berkshire Hathaway Inc. (NYSE: BKR-A) (NYSE: BRK-B) confirmed it will acquire the company in a deal valued at more than $30 billion and $235 per share. Here's a...
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A Pair Of Aerospace ETFs Could Like Warren Buffett's Precision Castparts Buy
Monday, August 10, 2015 - 7:27am | 620Read More...Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) may have finally found a whale. According to an array of media reports, Berkshire Hathaway is eyeing an acquisition of Precision Castparts Corp. (NYSE: PCP), which could be valued north of $30 billion, making it the biggest purchase in...
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Dougherty Upgrades Stratasys, Sees 'A Path Out Of The Dog House'
Monday, July 27, 2015 - 12:16pm | 502Read More...In a report published Monday, Dougherty & Company analyst Andrea James upgraded shares of Stratasys, Ltd. (NASDAQ: SSYS) to Buy from Neutral with a newly established $45 price target as the "disruptive" company "builds back" its credibility. "Some have argued that...
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JPMorgan: Aerospace & Defense 'Has Legs,' We're Going Long
Tuesday, July 14, 2015 - 3:12pm | 437Read More...In a report published Tuesday, JPMorgan analyst Seth Seifman commented on the Aerospace and Defense sector, noting that valuations on certain companies "aren't cheap" but "are not especially expensive either." According to Seifman, the Commercial Aerospace "up-cycle...
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Boeing Remains Jefferies 'Franchise Pick,' But Firm Tweaks Industry Forecasts
Tuesday, July 14, 2015 - 2:37pm | 750Read More...In a report published Tuesday, Jefferies analyst Howard Rubel discussed the aerospace sector and adjusted his delivery forecast for large civil jet transports while cutting business jet forecasts. According to Rubel, large civil jet deliveries are expected to expand at a 4.6 percent rate...
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Jefferies Says Woodward's Fiscal 2015 Is Another Transition Year, Downgrades To Hold
Tuesday, April 7, 2015 - 10:34am | 195Read More...In a report published Tuesday, Jefferies analyst Sheila Kahyaoglu downgraded shares of Woodward Inc (NASDAQ: WWD) to Hold from Buy with a price target lowered to $52 from a previous $59 based on a lack of near-term catalysts. According to Kahyaoglu, Woodward has seen "robust" market growth in its...
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United Technologies 'Big Bang Theory' Outlined At Deutsche Bank
Thursday, February 12, 2015 - 12:34pm | 341Read More...Myles Walton of Deutsche Bank on Thursday commented in a note that it has been 80 days since Greg Hayes was elevated to Chief Executive Officer at United Technologies Corporation (NYSE: UTX) and since then he has appointed a new Chief Financial Officer, executed a redirection of focus in the M&...
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The Legal Implications Of Space Tourism
Tuesday, November 11, 2014 - 4:15pm | 913Read More...The recent crash of the Virgin Galactic’s rocket-powered spaceship has drawn attention once again to the dangers of space travel. The reality of buying a ticket to space seems to be just around the corner. However, Virgin Galactic’s recent tragedy has put a spotlight on the legal...
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Deutsche Bank Recommends The Boeing Company, General Dynamics Corporation And Rockwell Collins, Inc.
Thursday, October 9, 2014 - 1:51pm | 336Read More...As earning season slowly kicks in to gear, Myles Walton of Deutsche Bank previewed the Aerospace and Defense sector in a note to clients on Thursday. Commercial aero stocks are down five percent year to date on average while defense stocks have risen 13 percent versus a 5-percent gain in the S...
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2 Aerospace And Defense ETFs Hoping To Take Flight
Friday, September 5, 2014 - 9:13am | 430Read More...The aerospace and defense industry is a thriving segment of the economy that is fed billions of dollars annually. iShares U.S. Aerospace & Defense ETF (NYSE: ITA) ITA provides exposure to 38 U.S. companies that manufacture commercial and military aircraft, in addition to other defense...
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Amid Sequestration, Aerospace ETFs Gain Favorable Calls
Tuesday, August 27, 2013 - 7:38am | 852Read More...In March, President Obama signed legislation that mandated federal agencies begin trimming $85 billion in spending. As several European nations have shown the world, austerity is not a popular concept, although some belt-tightening on Capitol Hill, arguably the reckless spending center of the...
