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  • Lockheed Martin Corp. (LMT) – Lockheed Martin Lags Defense Peers On Slower Top-Line Growth Outlook & Lack Of Catalysts, Says This Analyst

Lockheed Martin Corp. (LMT) – Lockheed Martin Lags Defense Peers On Slower Top-Line Growth Outlook & Lack Of Catalysts, Says This Analyst

RBC Capital analyst Ken Herbert initiated coverage on Lockheed Martin Corp LMT with a Sector Perform rating and a price target of $460, implying an upside of 7.9%. The analyst mentions that…

(VVX) – Vertex Bags US Navy Contract Worth ~$230M

Vertex, a V2X, Inc. VVX company, has secured a contract valued at up to $230 million for contractor logistics support for the U.S. Navy and U.S. Marine Corps’ fleet of C-12 Huron aircraft.…

Nordic American Tanker Shipping Limited (NAT) – Nordic American Tankers Shares Tank After Q2 Results

Nordic American Tankers Limited NAT reported a second-quarter revenue increase of 107.5% year-over-year to $34.75 million, above the consensus of $30.1 million. Net loss per share for the quarter was $(0.02),…

Meta Loses Key Metaverse Official, Us Government To Cancel Free At Home Covid-19 Tests, Singapore Mulls New Rules To Regulate Cryptocurrency Trading And Other Top Financial Stories Monday, August 29

CNBC No More Free COVID-19 At-Home Tests, Federal Government Says CNBC reported that the federal government is set to suspend its offer of free at-home COVID-19 tests by Friday,…

A REIT Just Dipped Its Toe In Autonomous Security With New ‘Robocop’-Like Firm

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy…

Xos Enters Strategic Partnership With NationaLease

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Bankrupt Crypto Lender Celsius Takes Financing Requests Into Account

Beleaguered crypto lending platform Celsius has received multiple offers of fresh cash to help fund its restructuring process, reported Bloomberg, citing the lawyer for the bankrupt crypto lender said Tuesday. What Happened: According to…

Generac Grid Services Bags Multi-Year Contract From Arizona Public Service

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BitGo May Choose To Go Public, After Galaxy Digital Terminated Buyout Deal

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Stanley Black & Decker’s Slow Recovery In Margins & Sales Triggers Price Target Cut By This Analyst

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy…

US Based Airlines Cancel 11% More Flights In Last 7 Months Vs. Pre-Pandemic Levels: Reuters

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Applied Industrial Technologies Gets Price Target Hike Following Q4 Results

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3M’s Aearo Technologies Files For Bankruptcy To Get Out Of Her Courtroom, Federal Judge Says: WSJ

A month ago, many U.S. military veterans had filed lawsuits against 3M Co MMM for hearing impairment caused by faults in the company’s military-grade earplugs. A federal judge questioned 3M Co.’s decision…

Why Fossil (FOSL) Shares Are Trading Lower After Hours

Fossil Group Inc FOSL reported second-quarter sales of $371.2 million, a decline of 10% year-over-year and +7% on a constant currency basis, missing the consensus of $435.50 million. Adjusted EPS was $(0.33), down…

Twitter users Face Outage On Website and App

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Azek Gets Mixed Reactions From Analysts On Q3 Results

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Why Monster Beverage (MNST) Stock Is Falling Afterhours Today

Monster Beverage Corp MNST reported a second-quarter net sales increase of 13.2% year-over-year to $1.66 billion, +16.9% on a constant currency basis, beating the consensus of $1.61 billion. It beat the consensus…

Quanta Services Shares Down After Q2 Results, Narrows FY22 EPS Forecast

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Why Cognex (CGNX) Shares Are Falling Afterhours Today

Cognex Corporation CGNX reported second-quarter revenue growth of 2% year-over-year to $274.63 million, missing the consensus of $276.59 million. Adjusted EPS was $0.41, missing the consensus of $0.42. The gross margin declined…

Textainer Q2 Results Beat Street Expectation, Declares Dividend

Textainer Group Holdings Limited TGH reported second-quarter lease rental income growth of ~8.4% year-over-year to $203.23 million, beating the consensus of $202.8 million. Adjusted EPS improved to $1.63 from $1.48…

Expeditors Shares Fall Post Mixed Q2 Results

Expeditors International of Washington Inc EXPD reported second-quarter revenue growth of 27.6% year-over-year to $4.6 billion, missing the consensus of $4.73 billion. Revenue by segment: Airfreight services $1.6 billion (+5.2%…

GEO Group Shares Soar On Solid Q2, Raised FY22 Outlook

Geo Group Inc GEO reported a second-quarter revenue increase of 4% year-over-year to $588.18 million, beating the consensus of $561.5 million. The operating income increased by 31.3% Y/Y to $95.07…

Apollo-Led Group In Advanced Negotiations To Purchase Atlas Air: WSJ

A group led by Apollo Global Management APO is in advanced talks to acquire the airfreight company Atlas Air Worldwide Holdings, Inc AAWW, reported Wall Street Journal, citing people familiar with the matter. …

Jacobs Engineering Stock Slips Post Q3 Results

Jacobs Engineering Group Inc J reported third-quarter revenue increased 7% year-over-year to $3.83 billion,+11% on a constant currency basis, beating the consensus of $3.8 billion. Adjusted EPS was $1.86 (+13%…

General Dynamics Bags $698M Contract Modification For Overhaul Of USS Hartford

General Dynamics Corp GD business unit General Dynamics Electric Boat has secured a modification of the previously awarded U.S. Navy contract for the repair, maintenance, and modernization of the submarine USS Hartford…