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UTX

United Technologies

$123.11

-0.3 (-0.24%)

, LMT

Lockheed Martin

$288.49

0.36 (0.12%)

07:10
07/18/17
07/18
07:10
07/18/17
07:10

Pratt & Whitney slow to incorporate savings for F-35 engine deal, Bloomberg says

United Technologies' (UTX) Pratt & Whitney unit has been slow to implement price reduction commitments in its production of 102 engines for F-35 jets built by Lockheed Martin (LMT), which is part of the Pentagon's most expensive weapons program, as engine hardware has been costlier than expected, Bloomberg reports, citing the annual Selected Acquisition Report from the F-35 office. Pratt & Whitney, which is under a $2.1B contract, will have to absorb the overrun of costs if they persist after the report estimated $43M in cumulative cost overruns for materials following a review of the schedule and cost status from July 2016 to April of this year. Reference Link

UTX

United Technologies

$123.11

-0.3 (-0.24%)

LMT

Lockheed Martin

$288.49

0.36 (0.12%)

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UTX United Technologies
$123.11

-0.3 (-0.24%)

06/12/17
HSBC
06/12/17
INITIATION
Target $125
HSBC
Hold
United Technologies initiated with a Hold at HSBC
HSBC analyst Debashis Chand initiated United Technologies with a Hold and a $125 price target citing balanced risk/reward.
06/12/17
06/12/17
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. United Technologies (UTX) initiated with a Hold at HSBC. 2. Catalyst Biosciences (CBIO) initiated with a Buy at Chardan. 3. Xoma (XOMA) initiated with a Buy at H.C. Wainwright. 4. Solaris Oilfield (SOI) initiated with a Buy at Seaport Global. 5. Camping World (CWH) coverage resumed with a Buy at BofA/Merrill. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/19/17
FBCO
06/19/17
NO CHANGE
Target $136
FBCO
Outperform
United Technologies guidance likely to be raised, says Credit Suisse
After attending United Technologies' investor meeting at the Paris Air Show, Credit Suisse analyst Julian Mitchell noted that the company reiterated its 2017 overall and segment guidance, but added that CEO Greg Hayes indicated that EPS guidance, and possibly sales, would likely be raised when the company reports Q2 earnings. Overall, the event was "a very welcome contrast" to the comparable one the company held two years ago at the show, said Mitchell, who keeps an Outperform rating on United Technologies shares.
07/10/17
UBSW
07/10/17
NO CHANGE
Target $135
UBSW
Buy
United Technologies price target raised to $135 from $123 at UBS
UBS analyst David Strauss raised his price target for United Technologies to $135 and keeps a Buy rating on the shares. Higher consensus earnings per share expectations for 2018 to slightly above $7.00 are justified on improving Europe, strong aero aftermarket and a weaker U.S. dollar, Strauss tells investors in a research note. The analyst expects a 2017 guidance raise, but later in the year rather than in Q2.
LMT Lockheed Martin
$288.49

0.36 (0.12%)

02/28/17
EVER
02/28/17
NO CHANGE
EVER
Trump defense budget hike not happening, says Evercore ISI
Evercore said President Trump's budget will not be submitted to Congress for a couple of weeks and investors should understand that any president's budget submission is inherently a political document and Congress is not bound to follow it; and that this Congress will not follow it. The firm's analyst expects a continuation of modest increases in both defense and nondefense discretionary spending agreed to on a bipartisan basis over the past four years, with any increase in defense spending likely to be small and matched by similar small increases in nondefense spending.
03/01/17
SBSH
03/01/17
DOWNGRADE
SBSH
Neutral
Northrop Grumman downgraded to Neutral from Buy at Citi
Citi analyst Jason Gursky downgraded Northrop Grumman (NOC) to Neutral saying Defense stocks are now reaching fair value. The analyst this morning also downgraded to Neutral shares of Huntington Ingalls (HII) and General Dynamics (GD). Gursky keeps Buy ratings on Harris (HRS), L3 Technologies (LLL), Lockheed Martin (LMT) and Raytheon (RTN).
04/18/17
RBCM
04/18/17
NO CHANGE
RBCM
Defense stocks should be bought on any weakness, says RBC Capital
RBC Capital analyst Matthew McConnell,recommends buying defense stocks on any weakness caused by near-term funding uncertainties. The analyst says that the impact of a government shutdown on the sector would be "minor and short-lived," while geopolitical tensions have increased. Publicly traded companies in the space include BAE Systems (BAESY), Boeing (BA), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC), Raytheon (RTN) and United Technologies (UTX).
04/26/17
ARGS
04/26/17
NO CHANGE
ARGS
Lockheed Martin weakness creates buying opportunity, says Argus
Argus analyst John Eade says that the 3% decline in Lockheed's stock after the company missed Q1 EPS expectations creates a buying opportunity,. The analyst expects the company to benefit from GOP control in DC and he thinks that the stock's valuation is attractive. Eade keeps a Buy rating on the shares.

TODAY'S FREE FLY STORIES

MMM

3M

$210.00

-1.16 (-0.55%)

, MCD

McDonald's

$151.85

-2.07 (-1.34%)

20:25
07/24/17
07/24
20:25
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20:25
Earnings
Notable companies reporting before tomorrow's open »

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MMM

3M

$210.00

-1.16 (-0.55%)

MCD

McDonald's

$151.85

-2.07 (-1.34%)

UTX

United Technologies

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LLY

Eli Lilly

$84.74

0.08 (0.09%)

DD

DuPont

$84.35

-0.19 (-0.22%)

CAT

Caterpillar

$108.18

1.59 (1.49%)

BIIB

Biogen

$284.70

1.78 (0.63%)

GM

General Motors

$35.82

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KMB

Kimberly-Clark

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HCA

HCA Holdings

$86.09

0.36 (0.42%)

PCAR

Paccar

$69.14

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TROW

T. Rowe Price

$81.10

0.27 (0.33%)

FCX

Freeport McMoRan

$12.96

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NEM

Newmont Mining

$33.90

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DGX

Quest Diagnostics

$109.44

0.05 (0.05%)

WAT

Waters

$185.01

-0.23 (-0.12%)

CNC

Centene

$84.20

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STX

Seagate

$39.76

0.18 (0.45%)

DPZ

Domino's Pizza

$213.97

0.75 (0.35%)

IPG

Interpublic Group

$25.57

0.06 (0.24%)

JBLU

JetBlue

$22.76

-0.69 (-2.94%)

LW

Lamb Weston

$44.75

-0.25 (-0.56%)

GPK

Graphic Packaging

$13.77

0.04 (0.29%)

AKS

AK Steel

$6.03

-0.17 (-2.74%)

SVU

Supervalu

$3.25

-0.01 (-0.31%)

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QCOM

Qualcomm

$53.22

-0.62 (-1.15%)

, AAPL

Apple

$152.09

1.82 (1.21%)

19:16
07/24/17
07/24
19:16
07/24/17
19:16
Periodicals
Qualcomm claims tech group misdirects trade regulators, Reuters says »

Qualcomm (QCOM) has…

QCOM

Qualcomm

$53.22

-0.62 (-1.15%)

AAPL

Apple

$152.09

1.82 (1.21%)

GOOG

Alphabet

$980.34

7.42 (0.76%)

GOOGL

Alphabet Class A

$998.31

4.47 (0.45%)

AMZN

Amazon.com

$1,038.95

13.28 (1.29%)

MSFT

Microsoft

$73.60

-0.19 (-0.26%)

FB

Facebook

$166.00

1.57 (0.95%)

INTC

Intel

$34.50

-0.23 (-0.66%)

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SMBC

Southern Missouri Bancorp

$31.32

-0.38 (-1.20%)

18:53
07/24/17
07/24
18:53
07/24/17
18:53
Hot Stocks
Southern Missouri Bancorp increases dividend 10% to 11c »

Missouri Bancorp …

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  • 01

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VLKAY

Volkswagen

$32.19

-0.79 (-2.40%)

18:47
07/24/17
07/24
18:47
07/24/17
18:47
Periodicals
VW diesel car owners declining refit to lose registration, Reuters says »

Owners of Volkswagen…

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SRCI

SRC Energy

$7.17

0.04 (0.56%)

18:43
07/24/17
07/24
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07/24/17
18:43
Hot Stocks
SRC Energy says 36 gross wells seen adding to production in 2H »

SRC continues to execute…

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  • 04

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BABA

Alibaba

$152.26

0.37 (0.24%)

18:42
07/24/17
07/24
18:42
07/24/17
18:42
Periodicals
Alibaba in talks to make major investment in Tokopedia, Bloomberg says »

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TM

Toyota

$109.41

0.1 (0.09%)

18:39
07/24/17
07/24
18:39
07/24/17
18:39
Periodicals
Toyota could sell new generation of EVs in Japan in 2022, Bloomberg says »

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CG

Carlyle Group

$20.25

-0.25 (-1.22%)

18:27
07/24/17
07/24
18:27
07/24/17
18:27
Periodicals
Carlyle seeks $15B for new U.S. buyout fund, Bloomberg reports »

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DDAIF

Daimler AG

$71.00

-1.9399 (-2.66%)

, TCEHY

Tencent

$38.98

0.785 (2.06%)

18:24
07/24/17
07/24
18:24
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18:24
Periodicals
Daimler invests in Chinese self-driving startup Momenta, WSJ reports »

Daimler (DDAIF) is…

DDAIF

Daimler AG

$71.00

-1.9399 (-2.66%)

TCEHY

Tencent

$38.98

0.785 (2.06%)

03/08/13
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FRBA

First Bank

$12.30

0.05 (0.41%)

18:22
07/24/17
07/24
18:22
07/24/17
18:22
Earnings
First Bank reports Q2 EPS 15c, consensus 17c »

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  • 25

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PCH

Potlatch

$47.55

-0.55 (-1.14%)

18:22
07/24/17
07/24
18:22
07/24/17
18:22
Earnings
Potlatch reports Q2 EPS 59c, consensus 35c »

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CAT

Caterpillar

$108.18

1.59 (1.49%)

18:17
07/24/17
07/24
18:17
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18:17
Periodicals
Caterpillar poised to move higher, Barron's reports »

At approximately 20 times…

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  • 25

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HA

Hawaiian Holdings

$44.80

-0.5 (-1.10%)

, EADSY

Airbus

$20.89

-0.005 (-0.02%)

18:16
07/24/17
07/24
18:16
07/24/17
18:16
Hot Stocks
Hawaiian unveils three new west coast routes, begins sales for A321neo flights »

Hawaiian Airlines (HA)…

HA

Hawaiian Holdings

$44.80

-0.5 (-1.10%)

EADSY

Airbus

$20.89

-0.005 (-0.02%)

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GS

Goldman Sachs

$218.18

-2 (-0.91%)

17:53
07/24/17
07/24
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17:53
Periodicals
Goldman Sachs pulls back from ETF lead market making, Reuters reports »

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IBM

IBM

$145.99

-1.09 (-0.74%)

17:48
07/24/17
07/24
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17:48
Hot Stocks
IBM granted patent to protect cryptographic keys and codes »

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GOOG

Alphabet

$980.34

7.42 (0.76%)

17:48
07/24/17
07/24
17:48
07/24/17
17:48
Hot Stocks
Breaking Hot Stocks news story on Alphabet »

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  • 24

    Jul

CWH

Camping World

$31.15

-0.7 (-2.20%)

17:46
07/24/17
07/24
17:46
07/24/17
17:46
Hot Stocks
Camping World acquires American RV in Gran Rapids, Michigan »

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GOOG

Alphabet

$980.34

7.42 (0.76%)

17:39
07/24/17
07/24
17:39
07/24/17
17:39
Hot Stocks
Breaking Hot Stocks news story on Alphabet »

Alphabet CEO says not…

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GOOG

Alphabet

$980.34

7.42 (0.76%)

17:37
07/24/17
07/24
17:37
07/24/17
17:37
Hot Stocks
Breaking Hot Stocks news story on Alphabet »

Alphabet says seeing…

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  • 24

    Jul

DKL

Delek Logistics

$34.70

-0.3 (-0.86%)

17:33
07/24/17
07/24
17:33
07/24/17
17:33
Hot Stocks
Delek Logistics increases dividend 2.2c to 70.5c »

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  • 03

    Aug

AIRT

Air T

$16.00

0.05 (0.31%)

17:32
07/24/17
07/24
17:32
07/24/17
17:32
Hot Stocks
Air T receives Nasdaq notice letter »

Air T announced that it…

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EFSC

Enterprise Financial

$40.70

0.45 (1.12%)

17:31
07/24/17
07/24
17:31
07/24/17
17:31
Earnings
Enterprise Financial reports Q2 core EPS 56c, consensus 62c »

Rreports Q2 return on…

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CLB

Core Laboratories

$106.30

0.61 (0.58%)

17:30
07/24/17
07/24
17:30
07/24/17
17:30
Hot Stocks
Breaking Hot Stocks news story on Core Laboratories »

Core Laboratories reports…

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HRMN

Harmony Merger Corp.

$10.26

-0.12 (-1.16%)

17:28
07/24/17
07/24
17:28
07/24/17
17:28
Hot Stocks
NextDecade closes business combination »

NextDecade, formerly…

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GOOG

Alphabet

$980.34

7.42 (0.76%)

17:28
07/24/17
07/24
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07/24/17
17:28
Hot Stocks
Alphabet CEO Sundar Pichai says YouTube has 1.5B monthly viewers »

YouTube viewers are…

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