PowerShares Aerospace & Defense ETF
Latest PowerShares Aerospace & Defense ETF News and Updates
Oshkosh Announces Its Future Projections
Price movement Oshkosh (OSK) has a market cap of $2.5 billion. It fell 10.6% to close at $50.88 per share on September 23, 2016. The stock’s weekly, monthly, and year-to-date (or YTD) price movements were -9.0%, -5.9%, and 32.1%, respectively, on the same day. OSK is trading 7.9% below its 20-day moving average, 4.4% below […]
Dover Corporation: Growing by Acquiring
Since its inception, Dover Corporation (DOV) has followed an acquisition-based growth strategy. The company has acquired over 100 manufacturing companies since 1955, and it currently manages close to 30 independently operating companies under its umbrella.
Northrop Faces Fierce Challenge from Lockheed over T-X Contract
Both Boeing’s (BA) and Northrop Grumman’s (NOC) teams have submitted clean sheet bids to the US Air Force.
Why Analysts Expect Honeywell’s Revenues to Fall in 2Q17
Honeywell signed an agreement with VietJet Air to supply 98 auxiliary power units to its fleet of 135 Airbus A320s. The deal was valued at $100 million, which includes maintenance services for 12 years.
Honeywell Aerospace’s Recent Developments in Connectivity
In September 2015, Honeywell acquired Aviaso Software, a privately held aviation software company based in Switzerland. Aviaso develops and provides fuel efficiency and emission-saving software to the airline industry.
Can the Learjet–Textron Cessna Combination Fly Higher?
Rumors have been flying about the potential sale of Learjet to Cessna Aircraft. Learjet is a light business jet manufacturing unit housed by Bombardier (BDRBF).
Raytheon: A Top Pick to Hedge against Political Risks
Credit Suisse cited L-3 Communications (LLL), Raytheon (RTN), and General Dynamics (GD) as its picks to hedge against the election cycle.
Market Expectations from Rockwell Collins in Its 3Q16 Earnings
Rockwell Collins (COL), which makes avionics for commercial and military aircraft, is scheduled to declare its 3Q16 earnings on July 25. The consensus analyst estimate COL’s adjusted EPS to rise by 19% on a year-over-year basis to $1.58.
Analysts Expect Raytheon to Beat Its 3Q16 Earnings Guidance
Raytheon will release its 3Q16 earnings on October 27. The consensus forecast is for Raytheon to post an adjusted EPS of $1.66—12.9% growth YoY.
How Does Ball Plan to Finance Its Offer to Rexam?
Ball (BLL) has a market capitalization of $8.9 billion. BLL rose by 2.0% to close at $65.15 per share as of February 9, 2016.
Honeywell to Pay First-Quarter Dividend
Honeywell (HON) announced the key dates for its first-quarter dividend. The dividend is slated to be paid to eligible shareholders on March 8.
Honeywell Declares a Quarterly Dividend of $0.82 in Q1 2019
Today, Honeywell (HON) declared a regular cash dividend for the first quarter of 2019.
Honeywell Rises on Its Q4 Earnings Beat and Better 2019 Outlook
Honeywell International (HON) announced its fourth-quarter earnings results before the market opened on February 1, 2019.
Honeywell to Collaborate with Optoro on Reverse Logistics
On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro.
Honeywell to Shift Its Headquarters to Charlotte
On November 30, Honeywell (HON) announced that it will relocate its global corporate headquarters to Charlotte, North Carolina.
William Yu: New President of Honeywell China
In a press release on November 15, Honeywell (HON) said that William Yu will be the president of Honeywell China.
Honeywell Increased Fourth-Quarter Dividend
Honeywell declared a fourth-quarter dividend of $0.82 per share, an increase of 10% over the corresponding quarter of last year.
Honeywell Completed the Transnorm Acquisition
In a press release on November 9, Honeywell (HON) announced that it completed the acquisition of German-based Transnorm.
Honeywell’s Q3 Adjusted EPS Beat Estimates, Stock in the Red
Honeywell (HON) announced its Q3 2018 earnings on October 19. It reported adjusted EPS of $2.03, implying a 16.7% growth year-over-year.
Honeywell Beats Estimates Again in Q3 2018: Stock Rises
Honeywell (HON) reported third-quarter adjusted EPS of $2.03, an increase of 16.7% year-over-year, beating analysts’ expectation of $1.99.
Honeywell Acquires Transnorm, Completes Garrett Motion Spin-Off
On October 1, Honeywell (HON) announced in a press release that it had entered into an agreement to acquire Transnorm.
Honeywell Increases Its Quarterly Cash Dividend by 10%
On September 28, Honeywell (HON) announced its dividend for the fourth quarter.
Honeywell Launches New Midstream Gas Metering Solution
On June 19, Honeywell (HON) launched a new gas metering solution. The new solution makes the company’s metering operations more reliable.
Honeywell Stock Soars on Strong 4Q17 Earnings
Honeywell International (HON) announced its 4Q17 earnings on January 26, 2018, before the market opened.
Honeywell Poised to Post Record Fourth Quarter Revenues
Honeywell (HON) is expected to report revenues of $10.8 billion in 4Q17, a 7.6% increase over the corresponding quarter last year.
Honeywell Will Pay Its 3Q17 Dividend on September 8
On September 8, 2017, Honeywell (HON) will pay the third dividend to its shareholders for fiscal 2017. It announced a dividend of $0.67 per share.
Most Analysts Suggest a ‘Buy’ on Honeywell
Among the 19 analysts, 79% of the analysts recommended a “buy” on Honeywell, 21% recommended a “hold,” and none recommended a “sell.”
Why Boeing Pension Plan Assumptions May Be Too Optimistic?
If BA manages to achieve its estimated returns and asset allocation, the weighted-average expected rate of return on plan assets would be short of 7%.
Elections up the Ante in Choosing Best Defense Stock Investment
With the US presidential elections upon us in a few weeks, investors may be looking for a cover that protects their portfolio from political risks.
Northrop Grumman Stock Jumps as Earnings Crush Estimates
Leading defense contractor (PPA) Northrop Grumman (NOC) declared its 3Q16 earnings on October 26, 2016. The company’s earnings per share rose 22%.
J.P. Morgan and Credit Suisse Upgrade Oshkosh Corporation
Oshkosh Corporation (OSK) has a market cap of $3.9 billion. It rose 3.0% to close at $52.42 per share on September 26.
How United Technologies Has Evolved over the Years
The origins of United Technologies (UTX) lie in the creation of the United Aircraft and Transportation Company (or UATC) in 1929.
Transdigm Continues as a ‘Super Stock’ in 2016
Transdigm Group (TDG) became public in March 2006. Since then, the company’s stock has compounded wealth at an astonishing clip.
Spirit AeroSystems’ Shares Take a Hop as it Wings Airbus Deal
In 2Q16, Spirit AeroSystems’ Fuselage Systems represented 50% of total revenues. Propulsion Systems and Wing Systems made up 26.3% and 23.2%, respectively.
RBC Capital Upgrades OshKosh Corporation to ‘Outperform’
OshKosh Corporation (OSK) has a market capitalization of $3.1 billion. It rose by 2.7% to close at $55.09 per share on July 29, 2016.
How Did Oshkosh Perform in 3Q16?
Oshkosh (OSK) has a market cap of $3.0 billion. It rose by 9.9% to close at $53.65 per share on July 28, 2016.
Other Defense Majors Made for Better 2016 Picks Than Raytheon
Raytheon (LMT) has managed to beat consensus EPS (earnings per share) as well as revenue estimates seven times in the last eight quarters.
How Elon Musk’s SpaceX Is Turning Up the Heat on Lockheed Martin
Lockheed Martin’s (LMT) Space Systems segment generated $9.1 billion in revenues in 2015, representing 20% of total annual revenues.
How Did United Technologies View Brexit Going into Its 2Q16 Earnings?
United Technologies (UTX) plans to release its 2Q16 earnings on July 19, 2016. With more than 8,000 employees in the UK, UTX’s stock fell by 3.4% to $98.89 on June 24 following the Brexit referendum.
Honeywell Completes Acquisition of Com Dev International
Honeywell (HON) purchased Com Dev for $345 million net of debt and cash, which was equivalent to ten times the EBITDA of the target.
How Stanley Works and Black & Decker Got Their Starts
Black & Decker was eventually merged with Stanley Works in 2010 to form the Stanley Black & Decker company (SWK).
A Closer Look at Honeywell Aerospace’s Business Model
Honeywell has an installed base of 6,000 integrated cockpits, which is ten times greater than the next competitor.
Oshkosh Corporation Cleared of Legal Challenges for JLTV Contract
Oshkosh Defense LLC is clear of the legal challenge related to the Joint Light Tactical Vehicle production contract after a competitor withdrew its protest from the US Court of Federal Claims.
Drexel Hamilton Downgrades Oshkosh’s Rating to “Hold”
Oshkosh Corporation, which has a market cap of $2.3 billion, fell by 4.4% to close at $31.47 per share on February 1, 2016.
SWOT analysis of Rockwell Collins
Rockwell Collins expects its Airborne Solutions/Avionics division to see good growth in the future due to the rising demand in Unmanned Air Vehicles (or UAVs).