Month: August 2017

Raytheon Company RTN has won a contract to support the Maritime Strike Tomahawk Program. The deal has been awarded by the Naval Air Systems Command, Patuxent River, MD. Details of the Contract Per the $119 million contract, Raytheon will offer services related to analysis, trade studies, architecture, modeling, simulation development, evaluation, and prototyping activities […]

Defense bellwether Lockheed Martin Corp. ’s LMT business segment, Rotary and Mission Systems, clinched a modification contract for providing electronic warfare equipment to support Virginia-class submarines. […]

On Aug 28, we issued an updated research report on Crown Castle International Corp. CCI , a leading wireless communication tower operator in the United States. The company currently carries a Zacks Rank #3 (Hold) […]

The securities exchange industry is, of late, characterized by improving trading volumes. This in turn will help improve the clearing and transaction fees. The players in the industry have been witnessing expansion in their average daily volumes […]

The sporting goods industry seems to be in doldrums, as customers are jumping on the dot-com bandwagon, leaving lesser options for brick-and-mortar retailers. Consequently, the sporting goods space has grown extremely competitive and promotional, thus creating pressure on margins and bottom line. […]

The insurance industry fears high claims due to occurrence of Hurricane Harvey last Friday. Per Aon Benfield, the global reinsurance intermediary and capital advisor of Aon plc AON , the industry already digested $53 billion in catastrophe losses in the first half of 2017, which registered the highest figure since 2011. Harvey hit Houston and the Texas Gulf Coast last week and is assigned to be Category 4 Hurricane. […]

It seems that the leaders of New York City have been striving hard to make the city smoke-free. In fact, the Mayor Bill de Blasio of New York has reportedly issued a series of laws in April to reduce the number of smokers in the city over the next three years. […]

The grocery industry is going through a rough patch currently. The industry has grappling with challenges like stiff competition and aggressive promotional environment. Traditional grocery companies are facing competition from rivals, who are strengthening their franchises and are offering alternative outlets for food and other staples […]

A decent run in the U.S. stock market, sturdy retail sales data along with solid job addition in July and improvement in the manufacturing sector have lifted investors’ mood as well as highlighted the solid economic report card. These were reflected in Consumer Confidence — a key determinant of the economy’s health — that reached its second highest level in August since late 2000 […]

Gold prices are soaring above the $1,300 threshold for the first time in 2017, at same levels last witnessed in September last year. North Korea firing a ballistic missile over Japan sent the stock market in a tizzy and investors scurrying to safe haven asset like gold. […]

Following fresh tensions over North Korea’s fanatic militant activities, this time targeting Japan, majority of the U.S. defense stocks moved north on Aug 30. Notably, North Korea fired a ballistic missile which flew over Japan's Hokkaido island before crashing in to the sea […]