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RTN News and Press, Raytheon Company From 04/09/20

Stock Information

Company Name: Raytheon Company
Stock Symbol: RTN
Market: NYSE

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RTN - Defense Giants' Merger Gets Green Light

In this episode of  Market Foolery , Mac Greer and Motley Fool analyst Tim Beyers bring you the latest headlines from the markets. A promising vaccine for COVID-19 is set to enter human trials late this year. They take a look at the details of the merger between two well-known defense com...

RTN - Why United Technologies Stock Crashed 27.8% in March

Shares in United Technologies (NYSE: UTX) fell a whopping 27.8% in March, according to data provided by  S&P Global Market Intelligence . The fall comes as the market digests the havoc wrought on the commercial aviation sector by the measures taken to contain the COVID-19 pandemic...

RTN - United Technologies and Raytheon Complete Merger of Equals Transaction

WALTHAM, Mass. , April 3, 2020 /PRNewswire/ -- Raytheon Technologies Corporation (NYSE: RTX) announced the successful completion of the all-stock merger of equals transaction between Raytheon Company and United Technologies Corporation on April 3, 2020 , following the completion by ...

RTN - Why Shares of Raytheon Fell in March

Shares of Raytheon (NYSE: RTN) performed significantly worse than those of other defense pure-plays in March, falling 30.4% for the month, according to data provided by S&P Global Market Intelligence , compared to 8% declines by both Lockheed Martin and Northrop Grumman . The issue ...

RTN - Macy's To Be Removed as a Component of the S&P 500 Index

The decision can't entirely be pinned on the adverse impact of the coronavirus. Macy's (NYSE: M)  and its stock were both struggling before the pandemic took hold in the United States. But the COVID-19 contagion could be considered the proverbial last straw, doing enough damage to Macy'...

RTN - Wall Street Breakfast: Fears Of A Ballooning Deficit

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha , iTunes , Stitcher and Spotify . A new study by Morgan Stanley estimates the U.S. deficit will total at least $3.7T in calendar year 2020 and an additional $3T in...

RTN - Otis Worldwide and Carrier Global Set to Join S&P 500; American Tower to Join S&P 100 and Macy's to Join S&P SmallCap 600

NEW YORK , March 31, 2020 /PRNewswire/ -- S&P 500 and 100 constituent United Technologies Corp. (NYSE: UTX) is spinning off Otis Worldwide and Carrier Global and then merging with Raytheon in transactions expected to be completed on April 3 . Post spin-off and merger transactions, Un...

RTN - Macy's moves to SmallCap 600 amid Raytheon/United Tech moves

Macy's (NYSE: M ) is up 1.2% postmarket after news that it is moving down to the S&P SmallCap 600 Index . More news on: Macy's, Inc., United Technologies Corporation, Raytheon Company, Consumer stocks news, Energy stocks news, Read more ...

RTN - Should the Government Bail Out Boeing and the Airlines?

In this episode of Industry Focus: Energy , Nick Sciple and Motley Fool contributor Lou Whiteman focus on the government bailout for the aerospace industry in general, and particularly, on Boeing (NYSE: BA) . The airlines have been one of the industries most affected by this current pande...

RTN - March 2020 Portfolio Update - The Drums Of War

Summary I considered for some time the title to this month's update, with titles like "The Fires of Mt. Doom" or " Complete and utter mayhem." In the end, I decided to go with a title that most reflects my current state of planning, as opposed to hyperbole. March, like February, turne...

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