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Fly News Breaks for February 15, 2018
GD, CSRA
Feb 15, 2018 | 05:40 EDT
Loop Capital analyst Joseph Vafi downgraded CSRA (CSRA) to Hold while raising his price target for the shares to $40.75 from $37 to reflect the acquisition by General Dynamics (GD). The analyst sees "slim" chances of a higher takeover offer emerging.
News For CSRA;GD From the Last 2 Days
GD
Apr 24, 2024 | 07:01 EDT
GD
Apr 24, 2024 | 07:00 EDT
Reports Q1 revenue $10.7B, consensus $10.32B. "Our businesses delivered solid operating results in the quarter, growing revenue and backlog, while expanding margins, even as we awaited G700 certification," said Phebe N. Novakovic, chairman and chief executive officer. "In the Aerospace segment, the recent FAA certification of the Gulfstream G700 has enabled us to begin customer deliveries. This is a strong start to 2024 and we remain confident in our outlook."
