LMT News and Press, Lockheed Martin Corporation From 04/13/23

2023-04-13 07:30:00 ET Summary Lockheed Martin will report its quarterly earnings results on Tuesday. LMT is a quality company with some attractive characteristics. LMT isn't cheap, however, as it trades at a small premium to the historically normal valuation. Articl...

2023-04-12 09:42:16 ET Summary The Industrial Select Sector SPDR ETF is up by 2.2% while the SPY has gained 7.8% since we initiated our tactical relative value short on the XLI. Our relative value short on the XLI has thus delivered a 5.6% gain, well within our target time frame o...

2023-04-12 08:56:02 ET Lockheed Martin ( NYSE: LMT ) on Wednesday was downgraded to Neutral from a prior investment rating of Outperform by analysts at Baird. They said the biggest U.S. defense contractor faces several difficulties that will squeeze profits. “Inflationary...

2023-04-11 16:22:01 ET Romania on Tuesday approved a plan to buy the latest-generation F-35 fighter jets as the country seeks to modernize its air force. A meeting of the country’s Supreme Council of National Defense overseen by the Romanian President Klaus Iohannis said its memb...

2023-04-11 14:21:57 ET Summary This is the third part of our 4-part series on High-Growth Industries. Space Exploration and Blockchain/ Cryptocurrency are 2 sectors poised for high growth in the years to come. Renewable energy will experience continuous growth due net zero inc...

Lockheed Martin Announces First Quarter 2023 Earnings Results Webcast PR Newswire BETHESDA, Md. , April 11, 2023 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) will webcast live its first quarter 2023 earnings results conference call (listen-only mode) on Tuesday,...

2023-04-10 16:27:06 ET Jefferies on Monday revised its earnings estimates for several companies in the aerospace and defense industries as they prepare to report quaterly results in the next few weeks. The revisions were related a variety of issues ranging from supply-chain difficulties...

2023-04-08 01:05:00 ET Summary The Bureau of Labor Statistic (BLS) released new jobs data on Friday. According to the report, seasonally adjusted total nonfarm jobs rose 236,000 jobs (seasonally adjusted) in March. The unemployment rate fell slightly from from 3.6 percent to 3.5 p...

2023-04-07 12:50:27 ET Summary Unemployment remains tight at 3.5%, setting the stage for another 25 bps interest rate hike. Follow the job growth by investing in those sectors. Other considerations are the OPEC+ supply cut, a weaker US dollar, and the resolved bank crisis. ...

2023-04-07 00:56:14 ET Summary I'm reviewing my February and March results in this piece. My passive income stream grew by 22.63% in February and by 46.87% in March. Due to rising rates, during 2023 I've added exposure to fixed income in my portfolio for the first time. ...