Newsfeeds - Spark Newswire

2 minute read

FY24 Defense Budget Proposal – Here’s Why Morgan Stanley Is Bullish On Defense Spending

Today, 10:44 AM

Morgan Stanley analyst Kristine T Liwag, on the eve of the President’s FY24 budget request on March 9, spoke with a host of Defense and Government Services companies to know the pulse. The multiple management teams and industry experts suggested they expect to see about 3% - 5% growth in the topline above FY23 enacted levels.

BAH

1 minute read

JP Morgan Maintains Overweight on General Dynamics, Lowers Price Target to $245

By Benzinga Newsdesk

Today, 10:44 AM

JP Morgan analyst Seth Seifman maintains General Dynamics (NYSE:GD) with a Overweight and lowers the price target from $260 to $245.

1 minute read

Citigroup Maintains Buy on General Dynamics, Lowers Price Target to $283

By Benzinga Newsdesk

Today, 10:44 AM

Citigroup analyst Jason Gursky maintains General Dynamics (NYSE:GD) with a Buy and lowers the price target from $298 to $283.

1 minute read

Credit Suisse Maintains Neutral on General Dynamics, Lowers Price Target to $222

By Benzinga Newsdesk

Today, 10:44 AM

Credit Suisse analyst Scott Deuschle maintains General Dynamics (NYSE:GD) with a Neutral and lowers the price target from $240 to $222.

2 minute read

General

Biden Agrees To Send Critical Tanks To Ukraine Ahead Of Anticipated Russian Surge

By Aaron Bry

Today, 10:44 AM

President Joe Biden’s administration announced Wednesday that the United States will send 31 M1A1 Abrams tanks to Ukraine to aid the country in its fight against Russia. This announcement comes after the U.S. hesitated for weeks to send tanks to Ukraine, which is gearing up to defend against another Russian advancement.

4 minute read

Nasdaq Futures Slump As Microsoft’s Outlook Dampens Tech Recovery Hopes — Analyst Warns Of More Bumpiness By Mid-February

By Shanthi Rexaline

Today, 10:44 AM

U.S. stocks look set to start Wednesday’s session on the back foot as traders digest mixed earnings news flow and continued pouring in of weak economic data points. Cues From Tuesday’s Trading:

ABT

2 minute read

News

‘U.S. Leans Toward Providing Abrams Tanks To Ukraine’ – WSJ

By Benzinga Newsdesk

Today, 10:44 AM

https://www.wsj.com/articles/poland-formally-requests-german-permission-to-send-tanks-to-ukraine-11674558492

5 minute read

Tesla, Microsoft, IBM, Intel, TI Among Companies Reporting This Week: Can Netflix’s Optimism Spill Over To Rest Of Tech Space?

By Shanthi Rexaline

Today, 10:44 AM

Netflix, Inc. (NASDAQ: NFLX) shares jumped nearly 8.5% on Friday before settling at their highest level since April 19, 2022, when shares plunged after the company reported its first loss in net paid subscriber adds in a decade.

AAL

1 minute read

U.S. Department Of Defense Says New Assistance For Ukraine Includes 59 Bradley Fighting Vehicles, 90 Stryker Armored Personnel Carriers

By Michael Horton

Today, 10:44 AM

-Reuters

1 minute read

What To Expect When General Dynamics Reports Fourth Quarter Results Next Week

By Vandana Singh

Today, 10:44 AM

Credit Suisse expected General Dynamics Corp (NYSE: GD) to report fourth-quarter FY22 slightly ahead, with upside potential driven by G650 delivery strength and repurchases, when the aerospace and defense giant reports its earnings next week on Jan. 25.