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TDG News and Press, Transdigm Group Incorporated Inc. From 04/01/20

Stock Information

Company Name: Transdigm Group Incorporated Inc.
Stock Symbol: TDG
Market: NYSE
Website: transdigm.com

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TDG - Why Shares of TransDigm Group Are Down Today

Shares of TransDigm Group (NYSE: TDG) traded down more than 13% on Wednesday afternoon after the company was downgraded to hold from buy at Vertical Research. The aerospace component supplier is likely in for at least a couple of down quarters as airlines cut back on spending due to the COVI...

TDG - Why Shares of Boeing and Its Suppliers Are Falling Today

Shares of Boeing (NYSE: BA) and some of its key suppliers reversed course on Friday after a solid week of gains, with some investors apparently taking profits following a multiday rally after lawmakers agreed to provide financial support for the sector and its most important customers. Boei...

TDG - Insiders Who Bought The Crash, What It Means For Returns, And My Favorite Pick

I am constantly looking to provide valuable information to my readers on how to outperform the market while taking few risks. A very strong strategy to outperform the market is following insider purchases, as literature has proven that this strategy could beat the market by as much as 24.20% p...

TDG - Why Defense Stocks Popped Today

Late Wednesday night, the U.S. Senate finally passed the $2 trillion Coronavirus Aid, Relief, and Economic Security Act (aka the CARES Act) . This morning, stocks are up in response -- in particular, defense stocks like Lockheed Martin (NYSE: LMT) , Heico (NYSE: HEI) , and TransDigm (N...

TDG - Why Boeing, TransDigm, and General Electric Stocks Surged Out of the Gate Wednesday

It's finally happening. In the wee hours of Wednesday morning, Senate leaders collected enough votes to pass -- soon, hopefully -- a $2 trillion stimulus deal to counteract the effects of locking down the American economy to prevent the spread of the coronavirus . Full details remain to be dis...

TDG - Why Shares of Boeing and Commercial Aerospace Suppliers Are Soaring Today

Shares of Boeing (NYSE: BA) jumped 19% at the open, and traded up more than 13% in late morning, on growing optimism for a government stimulus package that would provide some relief to the troubled commercial aerospace sector. CEO David Calhoun appeared on CNBC this morning to talk up t...

TDG - 2 Stocks Insiders Have Been Buying During the Coronavirus Market Crash

The stock market is taking a beating from the coronavirus disease 2019 (COVID-19) pandemic, which promises to significantly hurt the U.S. and world economies. As of Monday, the S&P 500 index had dropped 33.9% since February 19, when it reached an all-time high. Insiders in many companies...

TDG - Spirit suspends most Boeing production work

As Boeing's Washington state plants go offline , key supplier Spirit AeroSystems (NYSE: SPR ) is suspending work performed for the planemaker at facilities in Wichita, Kansas, and in Tulsa and McAlester, Oklahoma. More news on: Spirit AeroSystems Holdings, Inc., Astronics Corporation, H...

TDG - Pentagon Comes to Defense of Contractors Amid Coronavirus Uncertainty

The Pentagon has declared defense contractor employees to be "essential critical infrastructure workforce," clearing the way to allow contractors to keep operations running in areas that have shut down to battle the COVID-19 coronavirus pandemic. Defense contractors have been hit along with t...

TDG - TransDigm Announces Postponement of 2020 Annual Meeting of Stockholders

CLEVELAND , March 23, 2020 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today announced the postponement of the Company's 2020 Annual Meeting of Stockholders. On February 10, 2020 , the Company filed with the Securities and Exchange Commission and made available to its stockh...

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