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Defense Contractors Have Strong Q1 Amid Trump's Pro-Defense Rhetoric
Wednesday, April 26, 2017 - 12:29pm | 910The saber rattlings from the White House during President Donald Trump’s first 97 days in office have coincided with a boom in defense stocks, a stretch that includes first-quarter earnings exceeding expectations for most of the big contractors. The exception is Lockheed Martin Corporation (...
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A CEO Who's Who Of Trump's Manufacturing Council
Friday, January 27, 2017 - 5:36pm | 2282A group of more than two dozen CEOs have been tapped by President Donald Trump to create recommendations to grow the American manufacturing sector. The group convenes at a time when Trump is pledging to cut corporate taxes, slash regulations and also heavily tax companies that outsource...
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Trump Helps Knock Lockheed Martin Down A Few Bucks
Friday, December 23, 2016 - 9:21am | 359Shares of Lockheed Martin Corporation (NYSE: LMT) fell nearly 2 percent during Thursday's after-hours trading session after another president-elect tweet. Trump tweeted Thursday that the "tremendous cost and cost overruns" of Lockheed Martin's fighter jet program prompted him...
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Boeing's Leadership Sets Strong Tone; Credit Suisse Raises Target To $148
Thursday, May 12, 2016 - 11:47am | 319At its investor event on May 12, Boeing Co (NYSE: BA)'s CEO, Dennis Muilenburg, outlined a “sharpen and accelerate” strategy for the company future, which was based on innovation and growth, productivity and performance, and driven by the best talent and team. Credit Suisse’s...
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Boeing Flying Lower Following Concerning Q4 And Full Year Guidance
Wednesday, January 27, 2016 - 9:49am | 258Shares of Boeing Co (NYSE: BA) were trading lower by more than 6 percent early Wednesday morning after the company released its fourth quarter and full year results. Boeing earned $1.60 per share in the fourth quarter on revenue of $23.6 billion. Wall Street analysts were expecting the company...
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Boeing's Muilenburg Sees Space, Drones And China In Company's Future
Friday, September 25, 2015 - 12:28pm | 345This 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...