Breaking News Instant updates and real-time market news.

LMT

Lockheed Martin

$316.46

1.88 (0.60%)

17:20
10/06/17
10/06
17:20
10/06/17
17:20

Lockheed Martin awarded $584.2M government contract

Lockheed Martin Corp., Baltimore, Maryland, is being awarded a not-to-exceed the congressional cost cap of $584.2M fixed-price-incentive firm target contract for the construction of a littoral combat ship. The awarded contract includes associated cost-plus-fixed-fee LCS class services and related material, and firm-fixed-price integrated data environment support. The contract also includes options for the construction of additional LCS, class services, and post-delivery availability support. Work is expected to be completed by October 2023. The Naval Sea Systems Command, Washington, District of Columbia, is the contracting activity.

  • 24

    Oct

LMT Lockheed Martin
$316.46

1.88 (0.60%)

09/29/17
DBAB
09/29/17
UPGRADE
Target $210
DBAB
Buy
Deutsche sees rise in missile defense spending, upgrades Raytheon
Deutsche Bank analyst Myles Walton upgraded Raytheon (RTN) to Buy from Hold and raised his price target for the shares to $210 from $180. Raytheon is the most exposed to missile defense trends, Walton told investors earlier in a research note. He believes the politics and growing missile threats to U.S. territory are "setting the table for another leg up" in missile defense spending after declining nearly 25% over the last decade. The analyst sees his other Buy-rated defense names, including Northrop Grumman (NOC) and Lockheed Martin (LMT), benefiting as well. Walton raised his price target for Northrop to $325 from $285 and for Lockheed to $340 from $305.
09/18/17
STFL
09/18/17
NO CHANGE
STFL
Hold
Other bidders unlikely to challenge Northrop for Orbital ATK, says Stifel
Stifel analyst Joseph DeNardi thinks the deal to acquire Orbital ATK (OA) makes sense for Northrop Grumman (NOC) given the complimentary nature of their main business lines. He also thinks other bidders seem unlikely, since he believes Lockheed Martin (LMT) would face anti-trust issues. DeNardi has a Hold rating on Northrop shares.
09/06/17
STFL
09/06/17
NO CHANGE
STFL
Stifel says United Tech deal strategic, not a sign of M&A 'floodgates opening'
Stifel analyst Joseph DeNardi said one of the only risks he sees to defense stocks' multiples would be a shift in cash deployment strategy from a focus on dividends and buybacks to M&A. However, he views United Technologies' (UTX) planned acquisition of Rockwell Collins (COL) as strategic and largely focused on its desire to regain leverage against Boeing (BA) and Airbus (EADSY) and not indicative of the M&A "floodgates opening" in the defense sector. Other publicly traded companies in the defense space include BAE Systems (BAESY), General Dynamics (GD), Lockheed Martin (LMT), Northrop Grumman (NOC) and Raytheon (RTN).
08/14/17
SBSH
08/14/17
NO CHANGE
SBSH
Buy
Lockheed wins $8B contract over L3 and CACI, says Citi
Citi analyst Jason Gursky says the U.S. Special Ops Command Friday after the close awarded the Special Operations Forces Global Logistics Support Services contract to incumbent Lockheed Martin (LMT) over L3 Technologies (LLL), CACI (CACI) and potentially others. The $8B contract over multiple years is a positive development for Lockheed's MFC segment and an "incremental negative" for L3, the analyst tells investors in a research note. He believes CACI's bid "was always a long shot given the level of competition." Gursky has Buy ratings on all three names.

TODAY'S FREE FLY STORIES

TSLA

Tesla

$359.65

3.9 (1.10%)

, VWDRY

Vestas

$28.88

-0.04 (-0.14%)

08:52
10/19/17
10/19
08:52
10/19/17
08:52
Periodicals
Tesla, Vestas partner in $160M renewable energy project, Bloomberg says »

Tesla (TSLA) and Vestas…

TSLA

Tesla

$359.65

3.9 (1.10%)

VWDRY

Vestas

$28.88

-0.04 (-0.14%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 06

    Nov

SFTBF

SoftBank

$87.75

-0.305 (-0.35%)

08:51
10/19/17
10/19
08:51
10/19/17
08:51
Initiation
SoftBank initiated  »

SoftBank initiated with…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SHLX

Shell Midstream

$26.61

-0.44 (-1.63%)

08:50
10/19/17
10/19
08:50
10/19/17
08:50
Hot Stocks
Shell Midstream raises quarterly distribution by 4.6% to 31.8c per unit »

Shell Midstream announces…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 03

    Nov

  • 16

    Nov

AGN

Allergan

$187.15

-10.63 (-5.37%)

08:50
10/19/17
10/19
08:50
10/19/17
08:50
Recommendations
Allergan analyst commentary  »

Allergan price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Oct

  • 23

    Oct

  • 01

    Nov

  • 06

    Nov

BOLD

Audentes Therapeutics

$25.41

0.31 (1.24%)

08:50
10/19/17
10/19
08:50
10/19/17
08:50
Conference/Events
William Blair biotech analyst holds an analyst/industry conference call »

Biotech Analyst Prasad,…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 20

    Oct

08:50
10/19/17
10/19
08:50
10/19/17
08:50
General news
U.S. initial jobless claims dropped 22k to 222k in the October 14 week »

U.S. initial jobless…

GATX

GATX

$64.28

0.33 (0.52%)

08:48
10/19/17
10/19
08:48
10/19/17
08:48
Earnings
GATX reports Q3 EPS $1.25, consensus 97c »

Reports Q3 revenue…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

ABT

Abbott

$55.77

0.71 (1.29%)

08:48
10/19/17
10/19
08:48
10/19/17
08:48
Recommendations
Abbott analyst commentary  »

Abbott price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

VZ

Verizon

$48.65

0.25 (0.52%)

08:47
10/19/17
10/19
08:47
10/19/17
08:47
Hot Stocks
Verizon says wireless service revenue to improve by end of 2017 »

Says balance sheet…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

  • 01

    Nov

SGMS

Scientific Games

$42.85

0.1 (0.23%)

08:47
10/19/17
10/19
08:47
10/19/17
08:47
Hot Stocks
Scientific Games' casino management system selected by Snoqualmie Casino »

Scientific Games will be…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 08

    Nov

AAOI

Applied Optoelectronics

$42.29

-1.45 (-3.32%)

, XME

SPDR S&P Metals & Mining

$32.73

0.15 (0.46%)

08:45
10/19/17
10/19
08:45
10/19/17
08:45
Options
Largest borrow rate increases among liquid names »

Latest data shows the…

AAOI

Applied Optoelectronics

$42.29

-1.45 (-3.32%)

XME

SPDR S&P Metals & Mining

$32.73

0.15 (0.46%)

CBI

CB&I

$15.85

-0.19 (-1.18%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 07

    Nov

  • 16

    Nov

08:45
10/19/17
10/19
08:45
10/19/17
08:45
General news
Treasury Action: yields stabilized above lows »

Treasury Action: yields…

HRL

Hormel Foods

$31.34

-0.17 (-0.54%)

08:44
10/19/17
10/19
08:44
10/19/17
08:44
Recommendations
Hormel Foods analyst commentary  »

Hormel Foods price target…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

AAPL

Apple

$159.76

-0.71 (-0.44%)

, HNHPF

Hon Hai Precision

$7.49

0.412 (5.82%)

08:44
10/19/17
10/19
08:44
10/19/17
08:44
Periodicals
Apple, suppliers fall after report of reduced iPhone 8 orders, Bloomberg says »

Shares of Apple (AAPL)…

AAPL

Apple

$159.76

-0.71 (-0.44%)

HNHPF

Hon Hai Precision

$7.49

0.412 (5.82%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 02

    Nov

GALT

Galectin Therapeutics

$2.51

0.22 (9.61%)

08:44
10/19/17
10/19
08:44
10/19/17
08:44
Initiation
Galectin Therapeutics initiated  »

Galectin Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

MDGL

Madrigal Pharmaceuticals

$47.52

0.51 (1.08%)

08:42
10/19/17
10/19
08:42
10/19/17
08:42
Initiation
Madrigal Pharmaceuticals initiated  »

Madrigal Pharmaceuticals…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

RMBL

RumbleON

$9.30

0.3 (3.33%)

08:42
10/19/17
10/19
08:42
10/19/17
08:42
Syndicate
RumbleON 2.91M share Secondary priced at $5.50 »

The deal size was…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

XPO

XPO Logistics

$64.76

0.12 (0.19%)

08:40
10/19/17
10/19
08:40
10/19/17
08:40
Hot Stocks
Department of Defense boosts XPO contract by $139.5M to $2.32B »

The Department of Defense…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 02

    Nov

GEMP

Gemphire Therapeutics

$9.54

-0.08 (-0.83%)

08:40
10/19/17
10/19
08:40
10/19/17
08:40
Initiation
Gemphire Therapeutics initiated  »

Gemphire Therapeutics…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

EBAY

eBay

$37.97

0.48 (1.28%)

08:39
10/19/17
10/19
08:39
10/19/17
08:39
Recommendations
eBay analyst commentary  »

eBay progress…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

GPC

Genuine Parts

$98.04

1.18 (1.22%)

08:39
10/19/17
10/19
08:39
10/19/17
08:39
Hot Stocks
Genuine Parts announces two industrial and automotive acquisitions »

Genuine Parts announced…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 19

    Oct

  • 30

    Oct

BANR

Banner Corp.

$61.29

0.54 (0.89%)

, PUB

People's Utah Bancorp

$32.85

0.2 (0.61%)

08:38
10/19/17
10/19
08:38
10/19/17
08:38
Conference/Events
People's Utah Bancorp to hold a conference call »

Management discusses…

BANR

Banner Corp.

$61.29

0.54 (0.89%)

PUB

People's Utah Bancorp

$32.85

0.2 (0.61%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Oct

  • 26

    Oct

  • 09

    Nov

MTG

MGIC Investment

$13.54

0.43 (3.28%)

08:37
10/19/17
10/19
08:37
10/19/17
08:37
Recommendations
MGIC Investment analyst commentary  »

MGIC Investment price…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

ADBE

Adobe

$153.00

2.62 (1.74%)

08:37
10/19/17
10/19
08:37
10/19/17
08:37
Recommendations
Adobe analyst commentary  »

Adobe price target raised…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 22

    Oct

  • 06

    Nov

IFMK

iFresh

$12.15

-0.1 (-0.82%)

08:37
10/19/17
10/19
08:37
10/19/17
08:37
Hot Stocks
iFresh announces exclusive agreement with Dragon Seeds »

iFresh announced that it…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.