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Top defense stocks to explore in 2022
January 20, 2022 07:38 AM AEDT| 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 07:47 PM AEDT| 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 14, 2022 01:00 AM AEDT| 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 .....
Deere & Company (DE) stock grows after unveiling autonomous tractor
January 08, 2022 12:29 PM AEDT| 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 22, 2021 10:05 AM AEDT| 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 21, 2021 07:04 AM AEDT| 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 18, 2021 01:24 AM AEDT| 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 10, 2021 06:31 AM AEDT| 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 09, 2021 07:51 AM AEDT| 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 20, 2021 12:50 PM AEDT| 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 18, 2021 07:34 AM AEDT| 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 10, 2021 04:33 AM AEDT| 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 09, 2021 10:45 AM AEDT| 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 06:56 PM AEDT| 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 29, 2021 07:30 AM AEDT| 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 29, 2021 03:56 AM AEDT| 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 28, 2021 03:14 AM AEDT| 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 27, 2021 06:21 AM AEDT| 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 27, 2021 05:37 AM AEDT| 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 27, 2021 03:47 AM AEDT| 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 .....
