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US Faces New Competition As Shark Skin Technology Could Help China Surpass Washington In Jet Engine Race
Friday, May 31, 2024 - 10:39am | 529In a significant technological breakthrough, Chinese scientists have developed a new jet engine technology inspired by the skin of sharks. This innovation is poised to enhance the efficiency of turbofan engines, marking a notable advancement in the aviation industry. What Happened: Chinese...
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Jet Engines Bolster Earnings At Railcar Lessor GATX
Thursday, January 23, 2020 - 5:57pm | 943GATX Corp. (NYSE: GATX) reported fourth-quarter 2019 adjusted earnings per share (EPS) of $1.36, well ahead of the $1.04 consensus estimate and $0.84 in the year-ago period. The result excludes a $0.23 per share casualty gain from an insurance recovery on a damaged vessel in its steamship...
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Allegheny Technologies Upgraded 2 Notches From Underperform To Buy
Monday, September 11, 2017 - 1:58pm | 333Shares of Allegheny Technologies Incorporated (NYSE: ATI) were trading higher by around 9 percent Monday, partly due to a double upgrade by analysts at Bank of America. The firm's Timna Tanners upgraded Allegheny's rating from Underperform all the way to Buy with a price target boosted from...