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Trump Helps Knock Lockheed Martin Down A Few Bucks
Friday, December 23, 2016 - 9:21am | 359Shares of Lockheed Martin Corporation (NYSE: LMT) fell nearly 2 percent during Thursday's after-hours trading session after another president-elect tweet. Trump tweeted Thursday that the "tremendous cost and cost overruns" of Lockheed Martin's fighter jet program prompted him...
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Trump's Lambasting Tweet Toward Lockheed Martin's F-35 Elicits Company Response
Monday, December 12, 2016 - 2:35pm | 351President-elect Donald Trump isn't playing around when it comes to taxpayers money. Championing himself as a master negotiator, Trump tweeted and called out Lockheed Martin Corporation (NYSE: LMT) on Monday, blasting the F-35 program and costs as "out of control." "Billions...
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Facebook And Amazon: More Earnings From The FANG Stocks
Sunday, April 24, 2016 - 4:38pm | 741Two of the so-called FANG stocks offered up disappointing quarterly results last week. The other two FANG stocks are on deck to share their latest results this week. Wall Street analysts continue to look for strong earnings growth from both of them. The so-called FANG stocks were the momentum...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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Lockheed Issues Sikorsky Warning
Thursday, February 25, 2016 - 12:07pm | 217Shares of Lockheed Martin Corporation (NYSE: LMT) were trading higher by nearly 1 percent Thursday morning despite the company issuing a warning in a regulatory filing relating to its newly acquired Sikorsky Aircraft acquisition. Lockheed Martin acquired the Sikorsky Aircraft business from...
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The Orion Flight And Splashdown: What Are People Saying About It?
Friday, December 5, 2014 - 5:44pm | 1007After a series of failed launch attempts on Thursday, NASA’s Orion spacecraft was successfully launched on Friday, December 5, and returned safe to Earth after a 1 hour, 24-minute test flight and a “trial by fire” as it reentered the atmosphere, at temperatures close to 4,000...
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5 Best-Performing Defense Companies For Your Stock Portfolio
Tuesday, October 28, 2014 - 4:45pm | 839Like other sectors, the defense stocks have seen their share of winners and losers this year. Five of the best performers in the sector since the beginning of the year are: General Dynamics Corporation (NYSE: GD), Lockheed Martin Corporation (NYSE: LMT), Orbital Sciences Corp (...
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Markets Boosted From Strong Earnings Releases, Jobless Benefits
Thursday, October 23, 2014 - 5:14pm | 2034U.S. stocks rose on Thursday after Wednesday's decline on strong earnings reports from Caterpillar and 3M. Also, U.S. data showed a decline in Americans filing for jobless benefits. The bullish sentiment on Wall Street may have been spoiled by fresh reports of a doctor who recently returned...
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The Boeing Company Faces a Future Without Its Fighter Jets--So What?
Tuesday, September 30, 2014 - 10:28am | 550Defense budget priorities may be nudging The Boeing Company (NYSE: BA) out of the jet fighter business. Will the current trend, which favors rivals such as Lockheed Martin Corporation (NYSE: LMT), impact investors of the aerospace giant? Not really. Friendly Skies Lockheed, which derives a...
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Jeff Bezos Versus Elon Musk: The Space Race, Amazon.com, Inc. & More
Tuesday, September 23, 2014 - 10:47am | 773Tesla Motors Inc (NASDAQ: TSLA) co-founder Elon Musk has received a lot of attention for his dedication to space exploration. Few realize that a similar enterprise, Blue Origin, was also started by Amazon.com, Inc. (NASDAQ: AMZN) founder Jeff Bezos. The project has remained a mystery for...
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Lockheed Martin Corporation Easing Back After A Breakout
Wednesday, September 10, 2014 - 9:38am | 451Lockheed Martin Corporation (NYSE: LMT) has been a true leader in the aerospace/defense sector. After making new highs in July and August, the stock has been in consolidation mode over the last two weeks. Where to next? Lockheed Martin shares have been a multi-year leadership stock for not only...
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What These 5 Defense Contractors Are Spending To Lobby Congress
Wednesday, August 27, 2014 - 2:48pm | 719The defense sector has managed to influence members of Congress this year by spending nearly $62 million on lobbying activities. While not the biggest contributor to politicians from the business world, here are five companies that have spent the most during the 2013-2014 cycle. Lockheed...
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4 Defense Stocks To Watch Amid Israeli - Palestinian Unrest
Wednesday, July 30, 2014 - 12:24pm | 624As the Israeli - Palestinian conflict continues with little sign of slowing, the impact on defense contractors has been noted on Wall Street. Here are four companies with heavy involvement in the Middle East worth watching: 1. Lockheed Martin Topping Jim Cramer’s The Street ratings of...
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5 Top Defense Technology Developments in 2014
Wednesday, July 30, 2014 - 9:44am | 944The F-35 Lightning II fighter jet, also known as Joint Strike Fighter, was a no-show at the recent Farnsborough International Airshow. Supporters were disappointed, but other saw yet more evidence that the troubled program is nothing but a boondoggle. The latest problems stemmed from the...
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Global Unrest Fuels One ETF; Global Metals Demand Another One
Tuesday, July 22, 2014 - 9:28am | 485ETF Outlook for Tuesday, July 22, 2014 After beginning the week lower, stocks were able to rally into the close and ended Monday with modest losses. The geopolitical concerns continue to be the black cloud hanging over the market; however, investors have become numb to unrest around...