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Lindsay Corp's Demand Forecast Looks Grim For Fall Season: Analyst Highlights Dealer Issues
Friday, September 15, 2023 - 1:33pm | 411Stifel analyst Nathan Jones downgraded Lindsay Corporation (NYSE: LNN) to Hold from Buy, lowering the price target to $135 from $146. Jones recently completed a Proprietary Irrigation Survey of 50 of Lindsay's domestic irrigation dealers, following which volumes are now...
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China Sanctions Lockheed Martin And Northrop Grumman Concerning Arms Sales To Taiwan: Report
Friday, September 15, 2023 - 8:04am | 361The Chinese foreign ministry reportedly said the country is set to impose sanctions against the U.S. aerospace and defense firms Lockheed Martin Corp (NYSE: LMT) and Northrop Grumman Corp (NYSE: NOC). The decision by China comes after it alleged that the two companies provided...
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Unity Software To Rally Around 60%? Here Are 10 Other Analyst Forecasts For Friday
Friday, September 15, 2023 - 7:17am | 572B of A Securities raised the price target for Unity Software Inc. (NYSE: U) from $46 to $56. B of A Securities analyst Ryan Gee upgraded the stock from Neutral to Buy. Unity Software shares fell 3% to close at $35.71 on Thursday. Truist Securities boosted Vornado Realty Trust (NYSE: VNO) price...
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CSI Compressco And 2 Other Stocks Under $3 Insiders Are Buying
Thursday, September 14, 2023 - 9:41am | 479The Dow Jones closed lower by 70 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision....
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Lockheed Martin Faces $800M Payment Delay Over F-35 Software Approval: Report
Monday, September 11, 2023 - 12:12pm | 560Lockheed Martin Corp (NYSE: LMT), the leading U.S. defense contractor, could see over $800 million in payments held back until June as it awaits approval for software crucial to its advanced F-35 fighter jet, per newly disclosed figures. What's Happening: The weapon maker...
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Lockheed-RTX JV Inks MoU In Poland To Build Javelin Anti-Tank Weapon System
Thursday, September 7, 2023 - 8:11am | 440Lockheed Martin Corporation (NYSE: LMT) said its joint venture with RTX Corporation (NYSE: RTX) - Javelin Joint Venture - has inked a MoU to manufacture Javelin anti-tank weapon system in Poland. Javelin Joint Venture inked the initial pact with Poland's state-...
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Lockheed Martin Stock Slips After F-35 Jet Delivery Outlook Gets A Rough Ride
Wednesday, September 6, 2023 - 11:35am | 327Lockheed Martin Corporation (NYSE: LMT) updated its F-35 Technology Refresh 3, or TR-3, schedule projections, anticipating the delivery of the first TR-3 jet between April and June 2024. The TR-3s were expected to be delivered by 2023, the company had earlier said in its Q2 earnings...
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Lennox Cools Off In Europe: Sells Hyfra Unit To Glen Dimplex Group
Friday, August 25, 2023 - 11:08am | 179Lennox International Inc (NYSE: LII) has entered into a definitive agreement to sell its Hyfra Process Cooling business unit, headquartered in Krunkel, Germany, to the Glen Dimplex Group. The financial terms of the transaction were not disclosed. "Divesting this European...
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Lockheed Martin's Sikorsky Hits Jackpot With $2.7B US Navy Deal: Largest Order Ever For CH-53K Helicopters
Friday, August 25, 2023 - 8:02am | 315The U.S.Navy awarded Sikorsky, a Lockheed Martin Corp (NYSE: LMT) company, a $2.7 billion contract to build and deliver 35 additional CH-53K helicopters. The order is the largest procurement to date for this multi-mission aircraft. The contract is expected to advance Sikorsky...
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Morgan Stanley Analyst On The Durable Surge In International Travel: Good News For US Airlines
Thursday, August 24, 2023 - 1:36pm | 487Morgan Stanley analyst Ravi Shanker said that International travel has seen a reliable and durable surge, post slowdowns. Going back to the 1970s, following almost every major economic downturn, U.S. passport issuance has roughly doubled in the 5 years since the end of the downturn and...
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Lockheed Martin Bags $816M Contract From The Space Development Agency To Deliver 36 Small Satellites
Monday, August 21, 2023 - 11:50am | 315Lockheed Martin Corporation (NYSE: LMT) has received a contract worth $816 million to deliver 36 small satellites to Space Development Agency's communications network. Under the deal, KMT will develop 36 Tranche 2 Transport Layer (T2TL) Beta satellites for SDA. With this...
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Dow Tumbles Over 100 Points; LSI Industries Shares Spike Higher
Thursday, August 17, 2023 - 2:30pm | 854U.S. stocks traded lower toward the end of trading, with the Dow Jones falling more than 100 points on Thursday. The Dow traded down 0.35% to 34,645.66while the NASDAQ fell 0.59% to 13,395.39. The S&P 500, also fell, dropping, 0.28% to 4,392.16 Check This Out: NVIDIA To Rally Around 84%?...
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Lennox's Impressive ROIC Amidst WFH Trends: Analyst Weighs In On Exposure Concerns
Thursday, August 17, 2023 - 1:58pm | 259RBC Capital Markets analyst Deane Dray initiated coverage on Lennox International Inc (NYSE: LII) at Sector Perform rating with a price target of $391. The analyst notes Lennox has benefited from secular Indoor Air Quality and WFH trends, and its ROIC of 35% is the best in class...
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Why NICE Are Trading Lower By Around 10%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
Thursday, August 17, 2023 - 12:26pm | 1411Gainers PhenomeX Inc. (NASDAQ: CELL) shares surged 138.3% to $0.9532. Bruker Corporation and PhenomeX reported a $108 million definitive agreement for Bruker to acquire PhenomeX in an all-cash transaction for $1 per share. Tivic Health Systems, Inc. (NASDAQ: TIVC) shares jumped 39.1% to $0.0932....
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Crude Oil Moves Higher; Walmart Raises Guidance
Thursday, August 17, 2023 - 12:16pm | 850U.S. stocks traded lower midway through trading, with the Nasdaq Composite falling around 50 points on Thursday. The Dow traded down 0.15% to 34,714.53 while the NASDAQ fell 0.32% to 13,432.16. The S&P 500, also fell, dropping, 0.06% to 4,401.60. Check This Out: NVIDIA To Rally Around 84%?...