Raytheon Technologies Corp
Growing geopolitical conflicts have some investors feeling guilty about buying defense stocks
An F-15E fighter aircraft can carry seven groups of four StormBreaker bombs. Source: Raytheon As the war between Israel and the Hamas militant group ramped up last month, Kenneth Suna took to his investing-focused TikTok account. Suna began a video asking his more than 200,000 followers “if you’re cool with profiting off war,” before adding […]
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Weak yen forces Japan to shrink historic armed service investing program
Japan’s Prime Minister Fumio Kishida (left) rides on a Japan Ground Self-Defense Force (JGSDF) Type 10 tank in the course of a evaluation at JGSDF Camp Asaka in Tokyo on Nov. 27, 2021. Kiyoshi Ota | AFP | Getty Photos A collapse in the yen is forcing Japan to scale again a historic five-yr, 43.5-trillion-yen defense create-up aimed at helping to deter a […]
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JetBlue sinks to 12-year low as airline forecasts more losses, Spirit antitrust trial begins
The JetBlue drop-off area at New York’s LaGuardia Airport on Oct. 31, 2023. Leslie Josephs/CNBC JetBlue Airways stock tumbled to a nearly 12-year low Tuesday as the company forecast a loss for the fourth quarter and heads to court to defend its acquisition of budget carrier Spirit Airlines, a purchase it argues is crucial to […]
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Below are the most oversold stocks due for a bounce adhering to the market’s challenging week
This week’s significant industry market-off could bode nicely for particular shares, including Tesla and Moderna , based mostly on one well-known metric. Investors are reeling from a challenging session Thursday, with the S & P 500 and tech-heavy Nasdaq Composite dropping more than 1% just about every through the day’s buying and selling session, and […]
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Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue
A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver on Feb. 7, 2022. Michael Ciaglo | Bloomberg | Getty Images Spirit Airlines will suspend training for new pilots and flight attendants next month “until further notice,” according to company memos, as it plans for slower growth amid softer demand and the […]
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RTX to take $3 billion charge on Pratt & Whitney engine problem
Model of a Pratt & Whitney GTF engine is displayed at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, June 20, 2023. Benoit Tessier | Reuters RTX said Monday that an engine manufacturing flaw forcing accelerated inspections will hit its pretax results this quarter by $3 billion, sending shares lower […]
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This defense contractor and automaker are between the most oversold S&P 500 stocks
Right after selling off far more than 9% this 7 days, shares of defense contractor RTX glance poised for a bounce back, according to just one specialized indicator. The S & P 500 attained this 7 days following the Federal Reserve instituted a 25 foundation level hike , bringing interest rates to their optimum amount […]
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Stocks making the biggest moves midday: Spotify, RTX, General Electric and more
In this article ALK A PKG NXPI SPOT MMM Follow your favorite stocksCREATE FREE ACCOUNT Jonathan Raa | Nurphoto | Getty Images Check out the companies making headlines in midday trading. 3M – Shares of the chemical manufacturer rose 5.5% following the company’s latest earnings report. 3M posted $7.99 billion in revenue, beating analysts’ estimates […]
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RTX tumbles right after disclosing jet-motor difficulty will demand accelerated inspections
A Pratt & Whitney PW1000G turbofan motor sits on the wing of an Airbus A320neo plane through a supply ceremony outside the house the Airbus Group SE manufacturing unit in Hamburg, Germany, on Friday, Feb. 12, 2016. Bloomberg | Krisztian Bocsi Shares of RTX tumbled 14% Tuesday immediately after the aerospace large reported a manufacturing […]
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Why Cramer thinks this retailer is the ‘ultimate trade-down play’
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. Health care in focus ‘Ultimate trade-down play’ Watch the Bullpen 1. Health care in focus Club holdings Danaher (DHR) and GE Healthcare (GEHC) reported better-than-expected earnings before the bell Tuesday. […]
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