General Motors Stock Surges, Options Traders Increase Their Bets
When General Motors Co (NYSE: GM) announced on Wednesday it was partnering with Lockheed Martin Corp (NYSE:
Wells Fargo Initiates Coverage On Lockheed Martin with Equal-Weight Rating, Announces Price Target of $384
Wells Fargo analyst Matthew Akers initiates coverage on Lockheed Martin (NYSE:LMT) with a Equal-Weight rating and announces Price Target of $384.
Pentagon to Seek $11B to Buy 85 Lockheed Martin F-35 Jets in Next Year’s Budget Request
-Bloomberg
https://www.bloomberg.com/news/articles/2021-05-13/pentagon-to-request-85-f-35-jets-in-next-year-s-budget-request?sref=I5jUJbND
Starlink Has Received Over 500,000 Orders; Elon Musk Says Challenge Will Be When Internet Service Has ‘Several Million’ Users
Elon Musk-led SpaceX has secured more than 500,000 orders for its super-fast, satellite-based internet service Starlink, the company said on Tuesday.
What Happened: Starlink, which is currently in the beta phase, is a SpaceX venture designed to beam down the internet, especially in remote areas from satellites in orbit to Earth.
Corporate America Helped Pour $61M Into Biden Inaugural Committee: Here Are The Companies That Donated
The old saying that politics makes strange bedfellows was reaffirmed this year as the nation’s major corporations generously donated to the inaugural committee of the president who promised to jack up their taxes and increase their regulatory oversight.
Morgan Stanley Maintains Overweight on Lockheed Martin, Raises Price Target to $458
Morgan Stanley maintains Lockheed Martin (NYSE:LMT) with a Overweight and raises the price target from $445 to $458.
Earnings Scheduled For April 20, 2021
Companies Reporting Before The Bell
• GATX (NYSE:GATX) is projected to report quarterly earnings at $0.85 per share on revenue of $303.17 million.
Stocks That Hit 52-Week Highs On Wednesday
During the morning session on Wednesday, 398 stocks hit new 52-week highs. Interesting Highlights: Alphabet (NASDAQ:GOOGL) was the largest company…