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Daniel Loeb’s Third Point Cuts Stake in United Technologies
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Pershing Square Exits United Tech and ADP Investments
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Trade War: Boeing Has a Lot at Stake
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Industrials 3M Beats Estimates, Stock Falls: Here’s Why
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Why Boeing Missed Q2 Earnings Estimates
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How Much Did 737 MAX Fiasco Hurt Boeing’s Q2 Earnings?
Boeing (BA) plans to report its second-quarter 2019 results on July 24.
These Stocks Contributed to Pershing Square’s Stellar Performance
Bill Ackman’s Pershing Square is having a stellar year with YTD gains of 45.3%.
Why Dan Loeb Is Concerned about the UTX-RTN Deal
Dan Loeb explained his opposition to the United Technologies (UTX) and Raytheon (RTN) merger in a letter to the members of UTX’s board on June 28.
Dan Loeb Joins Bill Ackman, Opposes UTX-RTN Merger
On June 9, United Technologies (UTX) and Raytheon (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
Fresh Trouble: DOJ Subpoenas Boeing about Dreamliner Safety
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Bill Ackman and Dan Loeb Oppose UTX-RTN Aerospace Merger
UTX has been a key contributor to Pershing’s gains so far this year.
Why UTX-RTN Merger Obstacles May Not End Anytime Soon
On June 9, United Technologies (UTX) and Raytheon Company (RTN) agreed to merge their businesses to create a new aerospace and defense powerhouse.
UTX-RTN Merger May Face Hurdle in Getting Anti-Trust Approval
It likely won’t be easy for United Technologies and Raytheon to merge their businesses, as President Trump and the Pentagon are concerned about reduced competition.
Could These Bets Add to Bill Ackman’s Returns in 2019?
Starbucks (SBUX) released its fiscal 2019 second-quarter earnings on April 25. It reported adjusted EPS of $0.60 on revenue of $6.31 billion.
What Positions Did Bill Ackman Add, Cut, and Dispose of in Q1?
Pershing Square’s top three positions Pershing Square Holdings’ 13F portfolio’s value declined from $6.7 billion to $5.96 billion at the end of the first quarter of 2019. Its number of positions fell from nine to eight. Pershing’s three largest positions at the end of the first quarter were as follows: Chipotle Mexican Grill (CMG) accounted […]
General Electric: Analysts’ Views before Its Q1 Earnings
Analysts have a mixed view on General Electric (GE) stock. Approximately 50% of the analysts provided a bullish recommendation.
What to Expect from General Electric’s Q1 Earnings
General Electric (GE) is scheduled to report its first-quarter earnings results on April 30. Analysts expect the company’s EPS to fall YoY.
Boeing Has Lost $27 Billion in Market Value since Ethiopian Crash
Before the Ethiopian Airlines crash on March 10, Boeing (BA) stock had been rallying since the beginning of this year.
3M’s Q1 Adjusted Earnings Are Expected to Remain Flat
Analysts expect 3M (MMM) to post an adjusted EPS of $2.49 in the first quarter—a decrease of ~0.4% compared to the first quarter of 2018.
Bill Ackman Thanks Warren Buffett for His Fund’s Comeback in 2019
Bill Ackman has made a huge comeback in 2019.
General Electric Stock: Analysts Have a Mixed Opinion
Analysts have a mixed opinion about General Electric (GE) stock. The stock’s one-year target price of $12.61 reflects an upside potential of ~33%.
Boeing Has Lost ~$17 Billion in Market Value since Ethiopia Crash
Before the Ethiopia crash on March 10, Boeing (BA) stock was riding high on growing optimism about its revenues and cash flow growth.
Boeing Gains on US-China Trade Optimism and 737 Max Software Fix
On April 4, Boeing gained ~3% on growing optimism about a US-China trade deal, which investors believe would bring massive orders for its 737 Max commercial jets.
Wall Street Sees Over 20% Upside Potential in GE
General Electric (GE) has received a consensus “buy” recommendation from analysts polled by Reuters.
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Ethiopia Air Crash Costs Boeing $28 Billion in Market Value
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Why GE Rose 3% Yesterday despite Its Weak 2019 EPS Outlook
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Boeing Faces Worldwide Grounding of its 737 MAX Planes
The United States and Canada are the latest countries to ban Boeing’s (BA) 737 MAX planes from flying in their air space.
How the Boeing 737 Max Crash Could Affect Berkshire Hathaway
Boeing (BA) has been feeling the heat after its 737 Max 8 aircraft crashed on March 10—the second crash in five months.
Airplane Part Suppliers Feel the Pinch of Boeing’s 737 Max Crash
The Boeing Company isn’t the only stock that’s feeling the pinch of the March 10 Ethiopian Airlines crash.
Boeing: Dow’s Best Performer in 2019
So far, Boeing (BA) shares have gained solid momentum in 2019. The stock has risen 33.4% in 2019.
Boeing Acquires Aviation Software Startup ForeFlight
On March 6, Boeing (BA) announced that it completed the acquisition of ForeFlight. Boeing didn’t disclose the financial terms of the deal.
Honeywell Launches New Online Store
In a press release today, Honeywell (HON) announced the launch of its online store, Honeywell Marketplace.
Morgan Stanley Sees More Upside in Boeing’s Share Price
On February 28, Rajeev Lalwani of Morgan Stanley (MS) reiterated his “overweight” rating and raised the target price on Boeing stock to $500.
Boeing Gets an $18.6 Billion 777X Order from British Airways
Boeing (BA) announced yesterday that International Airlines Group, the parent company of London-based British Airways, has committed to purchase 42 next-generation 777X jets.
Why Dan Loeb Is Hopeful about Nestlé and United Technologies
Third Point first took a position in Nestle (NSRGY) during the second quarter of 2017.
Here’s What Dan Loeb Says Will Drive Stocks’ Trajectory in 2019
After underperforming the markets in 2018, Dan Loeb’s Third Point is “moderately positioning” itself.
Honeywell’s Stock Performance since the Beginning of 2019
Since the beginning of 2019, Honeywell (HON) stock has remained positive. On a year-to-date basis, Honeywell has gained 17.0%.
Honeywell’s Dividend Yield: An Upward Trend?
As of February 19, Honeywell’s (HON) dividend yield was 2.14%, which is higher than its dividend yield of 2.06% at the end of the fourth quarter.
Boeing Rides High on Growing Optimism, Stock Hits a New High
The Boeing Company stock has hit new highs week after week since it reported its impressive fourth-quarter earnings results on January 30.
Boeing Wins $43 Million Navy Contract to Build Super Submarines
Last week, the Boeing Company (BA) announced winning a $43 million contract from the US Navy to build four large unmanned submarines.
Why Is Ackman Positive UTX Will Deliver Value Post-Split?
United Technologies (UTX) has been another key contributor to Pershing Square’s success YTD (year-to-date).
Dan Loeb Exited These Positions in the Fourth Quarter
Dan Loeb bought a substantial position in United Technologies in the fourth quarter of 2017.
JPMorgan Chase Sees More Upside in Boeing’s Share Price
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Boeing to Get a Boost from KC-46 Air Tanker Approval
On February 10, Boeing (BA) announced that it finally got the U.S. Air Force’s (or USAF) approval for the first delivery of its long-delayed KC-46 Pegasus tanker aircraft.
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.
Boeing Hits an All-Time High, Crosses $400 for the First Time
Shares of the Boeing Company (BA) hit an all-time high of $410.75 on February 5 before closing slightly lower at $410.18.
GE Transportation-Wabtec Deal to Close on February 25
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Can Honeywell’s Q4 EPS Beat Analysts’ Expectations?
Analysts expect Honeywell (HON) to post an adjusted EPS of $1.89 in the fourth quarter, which implies an increase of ~2.2% YoY.
Honeywell’s Q4 Revenues Could Decline
Analysts expect Honeywell to report revenues of $9.70 billion in the fourth quarter—a decline of 10.5% compared to the fourth quarter of 2017.
Analyzing Honeywell’s Performance since Its Q3 Earnings
Honeywell (HON) is scheduled to announce its fourth-quarter earnings on February 1 before the market opens.
GE Shares Rose ~8% after Q4 Revenues Beat Estimates
On January 31, General Electric (GE) shares were trading ~8% higher in the pre-market trading session.
Is It Wise to Invest in GE ahead of Its Q4 Earnings?
General Electric (GE) was the most battered industrial stock last year, losing ~57% of its value in the period.
Aviation Segment to Drive General Electric’s Q4 Revenue
General Electric’s (GE) Aviation segment is expected to be the main driver of the company’s fourth-quarter revenue.
General Electric to Report Its Q4 Earnings: What’s in Store?
General Electric (GE) is scheduled to report its fourth-quarter earnings results on January 31.
GE Soars 4% after Wabtec Deal Gets More Lucrative
General Electric (GE) stock gained over 4% last Friday after the company announced that the GE Transportation-Wabtec merger deal had been revised.
Can 3M’s Adjusted EPS Beat Analysts’ Estimates in Q4?
Analysts expect 3M (MMM) to post an adjusted EPS of $2.28 in the fourth quarter—an increase of ~8.6% compared to the fourth quarter of 2017.
Honeywell to Help Tobacco Companies Comply with EU Directive
So far in 2019, Honeywell stock has gained 6.9%.
Dimon: This Could ‘Cause a Slowdown or a Recession’
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GE Stock Fell 4% on Uncertainty about Airline Leasing Unit Sale
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Honeywell Partners with Theatro to Develop SaaS Solutions
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GE Transportation-Wabtec Merger Gets Another Step Closer
General Electric’s Transportation unit and Wabtec got another step closer toward their proposed $11.1 billion merger with approval from the US Department of Justice.
Honeywell to Collaborate with Optoro on Reverse Logistics
On January 10, 2019, Honeywell (HON) announced that it plans to collaborate with Optoro.
General Electric Gains, Apollo Considers a Bid for GECAS Assets
Apollo Global Management is working on an offer to bid for General Electric’s aircraft leasing operations.
Honeywell Bags Contract to Modernize Kunsan Air Base
On January 3, Honeywell (HON) announced that it had bagged a project to modernize the Kunsan Air Base, a US Air Force base in South Korea.
Is It the Right Time to Invest in GE Stock at Current Multiples?
Last year’s ~57% plunge in General Electric (GE) stock has made its valuation attractive in the industrial sector.
Aviation Segment to Drive GE’s Revenues in 2019
The Aviation division has been General Electric’s (GE) best-performing business unit in recent quarters.
Will Restructuring Initiatives Bring GE Back to Growth Trajectory?
General Electric’s (GE) Power, Transportation, and Lighting divisions have been struggling for years.
GE Was Worst Performer in the Industrial Sector Last Year
The free fall in GE stock that started in 2017 continued throughout 2018.
How Boeing Stock Has Fared in 2018
Boeing (BA) stock started 2018 on a positive note and carried this momentum forward up to November 7, with a return of ~26%.
GE to Separate Digital Assets, Build an Independent Company
On December 13, General Electric (GE) announced that it will spin off its digital assets and build an independent company.
Honeywell’s UOP Business Gets New Order from Cogent Midstream
In a press release on December 12, Honeywell (HON) said that it would supply a gas processing plant to Cogent Midstream.
Honeywell’s GoDirect Bags New Contract with Swissport
On December 10, 2018, Honeywell (HON) announced that it would deploy its GoDirect ground solution to Swissport International for five years.
Aviation Unit Could Help GE Return to a Growth Trajectory
The Aviation segment has been General Electric’s (GE) best-performing business unit in recent quarters.
General Electric’s Transportation Business Has Been Sluggish
General Electric’s (GE) Transportation segment manufactures trains, marine diesel engines, and mining equipment.
GE’s Lighting and Transportation Businesses Struggle
Apart from the power business, General Electric’s (GE) Transportation and Legacy segment’s lighting division has also struggled for years.
General Electric Stock Traded near Its Ten-Year Low
On December 7, General Electric’s closing price was $7.01. Currently, the stock trades near its ten-year low of $6.66.
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.