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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...
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...
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 ...
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 ...
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'...
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...
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...
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 ...
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...
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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Just three months after achieving a deal that scratched a government default, House Speaker Kevin McCarthy is again under pressure to find common g...
Two more Nordic countries are now expected to join the North Atlantic Treaty Organization. The real winners are American defense companies, suggests growth stock expert Jon Markman, editor of Strategic Advantage. For further details see: A Strategic Advantage in Defense
In this clip from "Wheeling & Dealing" on Motley Fool Live , recorded on Feb. 4 , Motley Fool contributor Lou Whiteman discusses the aerospace giant's bid to buy Aerojet Rocketdyne (NYSE: AJRD) for $4.4 billion and shares why now might not be the time to buy. ...