Industrial

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, includi...

Five logistics stocks to watch as retailers build up holiday invento...
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 commodit...

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...

Northrop (NOC) ekes out US$1.1 bn profit but misses revenue estimate...
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 it...

Boeing (BA) posts modest profit on 737 MAX deliveries, services grow...
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 bagge...

Lockheed (LMT) lowers guidance; Sherwin-Williams (SHW) flags supply...
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-quart...

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 la...

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...

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 Caro...

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 ne...

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 inc...

American Airlines Group (AAL) posts third-quarter profit of US$169 m...
October 21, 2021 03:18 PM PDT | By Sanjeeb BaruahHighlights American Airlines’ net profit was US$169 million, or US$0.25 per diluted share, in the third quarter. The Texas-based airline pl...

Southwest Airlines’ (LUV) Q3 revenue up YoY but down from 2019 level...
October 21, 2021 10:38 AM PDT | By Sanjeeb BaruahHighlights Southwest Airlines Co’s (NYSE: LUV) operating revenues rose by 161.0% YoY to YS$4.7 billion but fell 17.0% compared with Q3 of 201...

Dover (DOV), Halliburton (HAL) post strong Q3 revenue, profit growth
October 19, 2021 10:05 AM PDT | By Ipsita SarkarHighlights Dover Corporation (NYSE: DOV) reported revenue of US$2.0 billion, 15% higher YoY. Halliburton Company (NYSE: HAL) revenue increased 30...

J.B. Hunt (JBHT) profits surge nearly 60% in Q3
October 15, 2021 07:52 PM PDT | By Team Kalkine MediaLogistics company J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) on Friday announced a third-quarter net earnings of US$199.8 million, boosted by r...

Delta Air’s (DAL) net income falls, expects faster recovery in Q4
October 13, 2021 07:48 AM PDT | By Sanjeeb BaruahHighlights In the quarter ended September, its adjusted operating revenue dropped 34% to US$8.28 billion YoY as the Delta variant wreaked havoc for...

Fastenal (FAST), AZZ Inc. (AZZ) stocks pop after strong earnings
October 12, 2021 08:54 AM PDT | By Ipsita SarkarHighlights The net sales of Fastenal Company (NASDAQ: FAST) surged 10% YoY in Q3, FY21. Fastenal’s gross profit rose more than 12% YoY in Q3...

7 stocks worth exploring amid the buzz over commercial space voyages
September 17, 2021 07:17 PM PDT | By Team Kalkine MediaHighlights Lockheed Martin’s (NYSE: LMT) net earnings were US$1.8 billion in Q2, FY21. Maxar Technologies, Inc. (NYSE: MAXR) revenue was US$...

Five carbon capture startups catching the eyes of investors
September 16, 2021 04:55 PM PDT | By Ipsita SarkarHighlights Climeworks opened its new plant in Orca, Iceland, on September 8, 2021. It is a direct air capture and storage plant. Royal Dutch Shell...

Check out these 5 Industrial stocks that gave over 18% return YTD
September 16, 2021 01:37 PM PDT | By Ipsita SarkarHighlights The net income of United Parcel Service, Inc (NYSE: UPS) was US$2.67 billion in Q2, FY21. The stock of Raytheon Technologies (NYSE: RTX...