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Industrial
Deere & Company (DE) stock grows after unveiling autonomous tractor
January 07, 2022 05:29 PM PST| By Versha JainHighlights Deere & Company (DE) has revealed its fully-autonomous tractor at the CES on January 04. The autonomous tractor will be available for the farmers before the end of this year. The company stock grew 8.15% in the last five days. .....
Should you consider Pioneer Power Solutions (PPSI) stock?
December 21, 2021 03:05 PM PST| By Versha JainHighlights Pioneer Power Solutions, Inc. (NASDAQ: PPSI) announced receiving a US$12-million order from a large mass merchandiser. Pioneer Power earned US$14.8 million in revenue in nine months e.....
Yearender: Top 5 shipping and logistics stocks of 2021
December 20, 2021 12:04 PM PST| By Versha JainHighlights Transport and logistics costs are likely to increase further amid supply chain issues. Sino-Global Shipping America Ltd. (NASDAQ: SINO) stock gained 82.5% year-to-date. Expeditors International of Washington, Inc. (N.....
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Top 5 US space stocks to explore in 2022
December 17, 2021 06:24 AM PST| By Rupam RoyHighlights Howmet Aerospace Inc. (NYSE: HWM) expects its Q4, FY21, revenue to be between US$1.295 billion and US$1.325 billion. Raytheon Technologies Corporation (NYSE: RTX) projected its net sales to be around US$64.5 billion in fiscal 2.....
Why Tecnoglass Inc. (TGLS) stock crashed on Thursday?
December 09, 2021 11:31 AM PST| By Rupam RoyHighlights In a report, Hindenburg Research LLC has raised "serious red flags" at Tecnoglass. Law firm Johnson Fistel is probing Tecnoglass’ potential violation of federal laws. The TGLS stock grew more than 411% YTD Shares of Tecno.....
Will these five travel stocks weather the Covid-19 threat in 2022?
December 08, 2021 12:51 PM PST| By Rupam RoyHighlights Marriott International (NASDAQ: MAR) logged revenue of US$3.94 billion in Q3, FY21. American Airlines Group Inc. (NASDAQ: AAL) CEO Doug Parker will retire in March 2022. The revenue of Expedia Group, Inc. (NASDAQ: EXPE) jumped 97% Y.....
Greenland Technologies (GTEC) stock jumps 75% - guess why?
November 19, 2021 05:50 PM PST| By Rupam RoyHighlights Greenland Technologies Holding Corporation (GTEC) announced the launch of the GEL-1800 Electric Loader. The GEL-1800 is currently available in the US market. GEL-1800 Electric Loader is powered by a climate-friendly 141 kWh lithium .....
Seven HOT building material stocks: Are they worth your penny?
November 17, 2021 12:34 PM PST| By Versha JainHighlights Vulcan Materials Company (NYSE: VMC) stock grew 6.7% MTD and 36.8% YTD. Martin Marietta Materials, Inc. (NYSE: MLM) stock rose 7.4% MTD and 48.6% YTD. Martin Marietta has a P/E ratio of 36.22 and a dividend yield of 0.58%. Summit Ma.....
GE stock jumps 17% on plans to split into three companies
November 09, 2021 09:33 AM PST| By Versha JainHighlights GE Electric Company (NYSE: GE) announced plans to split into three public companies, with the spin-off starting in early 2023. The Boston-based company was founded in 1892 before it became a massive business conglomerate. The stock .....
Top airline stocks to watch as US lifts travel curbs
November 08, 2021 03:45 PM PST| By Ipsita SarkarThe airline companies are flying high on renewed optimism after the US on Monday lifted the travel curbs on tourists from scores of countries, including Europe, Asia, and Africa. Former President Donald Trump had imposed the ban in March 2020. Fro.....
Five logistics stocks to watch as retailers build up holiday inventory
October 30, 2021 12:56 AM PDT| By Team Kalkine MediaFreight and logistics stocks are in focus due to a severe global supply shortage intensified by the Covid-19 pandemic. The deficit has pushed commodity prices higher and disrupted production. Some retailers were worried if the orders would reach o.....
Caterpillar (CAT), Illinois (ITW) report solid revenue growth in Q3
October 28, 2021 01:30 PM PDT| By Ipsita SarkarHighlights Caterpillar, Inc. (NYSE: CAT) revenue rose 25% YoY to US$12.4 billion in Q3. Illinois Tool Works Inc. (NYSE: ITW) net income up 10% YoY to US$639 million. Caterpillar profit per share grew 113% YoY, Illinois GAAP EPS was US$2.0.....
Northrop (NOC) ekes out US$1.1 bn profit but misses revenue estimates
October 28, 2021 09:56 AM PDT| By Sanjeeb BaruahHighlights Northrop's third-quarter sales in its space unit jumped 22% to US$2.68 billion. The results prompted the defense contractor to raise its fiscal-year adjusted EPS. However, the Colorado-based company's total sales fell by 4% to US$8......
Boeing (BA) posts modest profit on 737 MAX deliveries, services growth
October 27, 2021 09:14 AM PDT| By Sanjeeb BaruahHighlights Boeing’s revenue rose by about 8% YoY to US$15.27 billion, helped by deliveries of 737 MAX jets and services growth. Boeing bagged 93 net orders during the period, the company said. Boeing President and CEO David Calhoun said .....
Lockheed (LMT) lowers guidance; Sherwin-Williams (SHW) flags supply woes
October 26, 2021 12:21 PM PDT| By Ipsita SarkarDefence firm Lockheed Martin Corporation (NYSE: LMT) and paint and coating manufacturer Sherwin-Williams Company (SHW) reported their third-quarter results on Tuesday. The LMT stock fell over 10%, while the SHW stock rose about 2% in int.....
General Electric Co (GE) revises guidance upward after Q3 profits
October 26, 2021 11:37 AM PDT| By Sanjeeb BaruahHighlights The General Electric Co’s (NYSE: GE) revenue from the jet engine and service division rose by 9.7% YoY to US$5.4 billion in the latest quarter. In addition, GE’s industrial free cash flow of US$1.7 billion was higher tha.....
Raytheon (RTX) raises sales guidance, 3M (MMM) narrows EPS outlook
October 26, 2021 09:47 AM PDT| By Ipsita SarkarHighlights Raytheon Technologies Corporation’s (NYSE: RTX) net sales surged 10% YoY in Q3, FY21. Raytheon projected its annual net sales to be US$64.5 billion in fiscal 2021. The 3M Company’s (NYSE: MMM) net sales rose by 7.1% YoY .....
UPS lifts guidance as demand, higher shipping costs boost Q3 results
October 26, 2021 07:50 AM PDT| By Sanjeeb BaruahHighlights United Parcel Service Inc’s (NYSE: UPS) third-quarter 2021 consolidated revenue jumped 9.2% YoY to US$23.2 billion. UPS CEO Carol Tomé said the results reflect the company’s sustained efforts to ensure productivit.....
5 industrial stocks with over 40% YTD returns to explore
October 22, 2021 09:14 AM PDT| By Team Kalkine MediaHighlights The net earnings of General Dynamics Corporation (NYSE: GD) increased by more than 17% YoY in the second quarter of fiscal 2021. The net sales of Carrier Global Corporation (NYSE: CARR) was up 37% YoY in Q2, FY21 The net income of O.....
Dow Inc. (DOW) total revenue jumps 53% in third quarter
October 21, 2021 04:38 PM PDT| By Sanjeeb BaruahHighlights Dow Inc’s (NYSE: DOW) net sales were up 53% YoY to US$14.8 billion, and the GAAP EPS was US$2.23 in the quarter. The GAAP net income was US$1.7 billion, while the operating EBIT1 was US$2.9 billion, up over US$2.1 billion from .....
