Industrial
Deere & Company’s (DE) net income up 17% in Q2, raises forecast
May 20, 2022 11:21 AM PDT| By Team Kalkine MediaHighlights: Deere & Company (NYSE: DE) posted a net income of US$2.098 billion for the second quarter of fiscal 2022. Deere’s attributable net income for the first half of 2022 was US$3.001 billion, or US$9.72 per share. Deere raised.....
Top S&P 500 industrial stocks to explore: DE, RTX, LMT, WM, and RSG
May 18, 2022 08:34 AM PDT| By Rupam RoyHighlights: Deere & Company (NYSE: DE) expects its attributable net income to be between US$6.7 billion and US$7.1 billion in fiscal 2022. Raytheon Technologies Corporation (NYSE: RTX) expects its sales to be between US$67.75 billion and US.....
JOBY to BLDE: Five drone stocks under US$10 to explore in June
May 17, 2022 08:42 AM PDT| By Versha JainHighlights Drones are unmanned vehicles used in a variety of tasks such as traffic navigation, weather monitoring, search and rescue, photography, videography, defense, etc. Currently, there are 855,179 registered drones in the US, includ.....
Lockheed (LMT), Thales bag plum US Army orders amid Ukraine war
May 16, 2022 02:45 PM PDT| By Team Kalkine MediaThe US Army has signed deals with Lockheed Martin Corp (NYSE: LMT) and French defence group Thales for Javelin missiles and advanced tactical radios as the Ukraine war intensifies. The Javelin missiles, a portable surface-to-air missile supplied t.....
Top 5 paper stocks to watch in Q2: ITP, MERC, PKG, GPK & WRK
May 11, 2022 09:11 AM PDT| By Versha JainHighlights Packaging Corporation of America (NYSE: PKG) has a P/E ratio of 16.21, with an annualized dividend of US$4.0. Westrock Company’s (NYSE: WRK) dividend yield is 1.87%, and the P/E ratio is 17.05. Graphic Packaging Holding .....
Why Sidus Space (SIDU) stock jumped 55% on Friday?
May 06, 2022 11:07 AM PDT| By Versha JainHighlights Sidus Space Inc is a Space-as-a-Service company. It has signed a memorandum of understanding with Dhruva Space Private Limited, a Full-Stack Space Engineering Solutions provider. The stock soared around 126% to US$4.46 on Frid.....
RTX to LHX: 5 aerospace, defense stocks with 2-digit 1-year return
April 27, 2022 08:09 AM PDT| By Versha JainHighlights Raytheon Technologies Corporation (NYSE: RTX) stock has a P/E ratio of 38.76 and a dividend yield of 2.03%. Lockheed Martin Corporation's (NYSE: LMT) dividend yield is 2.51, and its annualized dividend is US$11.20. L3Harri.....
Raytheon Technologies (RTX) Q1 income soars 43% on aerospace recovery
April 26, 2022 12:31 PM PDT| By Team Kalkine MediaHighlights: Raytheon sales were up 3% to US$15.7 billion in Q1 compared to the year-ago quarter. Raytheon’s results were boosted by the recovery in the commercial aerospace sector. Raytheon also confirmed a share buyback of US$2.5 billi.....
SPCE, ASTR, MAXR among top space stocks to explore in Q2
April 26, 2022 12:05 PM PDT| By Rupam RoyHighlights: Lockheed Martin Corporation (NYSE: LMT) stock returned gains of over 24% YTD. Rocket Lab USA, Inc. (NASDAQ: RKLB) will report its first-quarter fiscal 2022 earnings on May 16. Virgin Galactic Holdings, Inc. (NYSE: SPCE) will publis.....
United Parcel Service (UPS) thumps Q1 estimates, rides e-com boom
April 26, 2022 10:02 AM PDT| By Team Kalkine MediaHighlights United Parcel Service (NYSE: UPS) posted its first-quarterly profits for fiscal 2022 on Tuesday, riding on the back of a thriving e-commerce trend. The parcel delivery company reported consolidated revenues of US$24.4 bn. UPS reaffi.....
From UPS to HON: Top S&P 500 industrial stocks to explore in Q2
April 04, 2022 01:59 PM PDT| By Rupam RoyHighlights: United Parcel Service, Inc. (NYSE: UPS) revenue rose 15% YoY in fiscal 2021. Union Pacific Corporation (NYSE: UNP) will report its first-quarter fiscal 2022 financial results on April 21, Raytheon Technologies Corporation (NYSE: RT.....
UNP, UPS among top 5 industrial stocks to keep an eye on in March
March 06, 2022 12:00 AM PST| By Versha JainHighlights Union Pacific Corporation (NYSE: UNP) has a current dividend yield of 1.87% and an annualized dividend of US$4.72. Deere & Company's (NYSE: DE) current dividend yield is 1.12%, and the annualized dividend is US$4.20. C.....
Top 5 defense stocks: LMT, BA NOC rise amid geopolitical tension
February 17, 2022 01:30 PM PST| By Rupam RoyHighlights Lockheed Martin Corporation (NYSE: LMT) expects its net sales to be around US$66.00 billion in fiscal 2022. Raytheon Technologies Corporation (NYSE: RTX) expects its fiscal 2022 sales to be between US$68.5 billion and US$69.5 billion.....
Virgin Galactic (SPCE) stock soars 30% on ticket sales for space trip
February 15, 2022 03:20 PM PST| By Rupam RoyHighlights Virgin Galactic said it would start selling tickets for space trips on Wednesday. Each ticket costs US$450,000, the same as before. The company also plans to make changes to its logo. The Virgin Galactic Holdings, Inc. (N.....
From UPS, RTX to HON: Top industrial stocks to explore in 2022
February 13, 2022 06:23 AM PST| By Versha JainIndustrial companies provide heavy equipment, and other related supplies to the construction and manufacturing sectors. These are among the oldest companies in the US. The industrial sector has many subsectors besides machinery and equipment, such .....
Frontier Group (ULCC) to acquire Spirit Airlines for US$6.6 billion
February 07, 2022 11:35 AM PST| By Rupam RoyThe Colorado-based airline holding company, Frontier Group Holdings, Inc (NASDAQ: ULCC), is acquiring its rival Spirit Airlines Inc. (NYSE: SAVE) for US$6.6 billion in a cash-and-stock deal. The purchase is expected to help Frontier compete with l.....
Honeywell (HON) sales hit by supply chain issues, stock plunges 5%
February 03, 2022 10:56 AM PST| By Versha JainHighlights Honeywell International Inc. (NASDAQ: HON) sales declined 3% YoY to US$8.7 billion in the fourth quarter of 2021. Three of its four operating segments saw sales fall in Q4. The Honeywell stock grew 4.22% in one y.....
Top defense stocks to explore in 2022
January 19, 2022 12:38 PM PST| By Rupam RoyHighlights Northrop Grumman Corporation (NYSE: NOC) stock gained 34.77% in 12 months. Raytheon Technologies Corporation (NYSE: RTX) expects fiscal 2021 sales of around US$64.5 billion. Lockheed Martin Corporation (NYSE: LMT) stock rose 10.26% .....
These 2 NYSE basic industry stocks returned over 200% in a year
January 16, 2022 12:47 AM PST| By Versha JainHighlights Basic industry companies manufacture products used in other industries as raw materials for producing other goods. CVR Partners, LP (NYSE: UAN) has a P/E ratio of 3,177.48. Its dividend yield is 4.95%. LSB Industries, Inc.&rsq.....
Why is Alaska Air Group (ALK) gaining attention in pre-market trading?
January 13, 2022 06:00 AM PST| By Rupam RoyHighlights Alaska Air Group’s COO released an apology video to its customers for travel issues during the holiday season. The company is expected to cut its flight by 10% through to the end of January. The company will release its .....