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Autodesk, Inc. (NASDAQ: ADSK) traded 15 percent higher on Friday morning after posting second quarter earnings that beat analyst estimates. The software maker reported earnings per share of $0.19 and total revenue of $611.7 million, above Wall Street expectations of $0.16 and $600.34...

Textron Inc (NYSE: TXT)'s Bell business segment recently secured a $510 million modification contract for manufacturing and delivering 29 units of AH-1Z new aircraft of the 15th Lot, in support of the Marine Corps H-1 upgrade program. The contract was awarded by the Naval Air Systems...

Deutsche Bank AG (NYSE: DB) has acquired an equity stake in ModoPayments, LLC, with an aim to further expand its transaction banking franchise. ModoPayments is a payment technology company, and now Deutsche Bank's second fintech investment in four months. ModoPayments is regarded highly in the...

Every week, host and Zacks stock strategist, Tracey Ryniec, will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. In this episode, Tracey is joined by two of Zacks summer interns, Radek Gralak, a student at Loyola University Chicago...

Boeing Co (NYSE: BA) recently clinched a modification contract in relation to F-15C and F-15E Mission Training Centers (MTC). Work related to the deal is scheduled to be over by Sep 30, 2020. Boeing's F-15 Strike Eagle is a twin-engine, all-weather tactical fighter aircraft. Its...

Boeing Co (NYSE: BA) recently secured a contract to support the F/A-18 aircrafts. Work related to the deal is scheduled to be over by December 2021. Valued at $152.5 million, the contract was awarded by the Naval Air Systems Command, Patuxent River, Maryland. Per the terms of the deal, the...

On August 1st, I made a chart commentary titled Correction Time? Listen to This Grizzly to Decide. I concluded the worst we might see in August was a 5 percent pullback to S&P 2700. But since then, the market and its sectors have made some decisive moves to indicate the correction is...

Daimler AG (OTC: DDAIF) plans to produce battery-powered Smart cars in China by setting up a joint venture with China's Beijing Electric Vehicle Co. Ltd ("BJEV"), per Bloomberg. BJEV is a subsidiary of Daimler's existing Chinese partner, Beijing Automotive Group Co. Ltd. (...

Qorvo, Inc (NASDAQ: QRVO) recently announced the pricing of an additional $130 million of convertible unsecured senior notes to enhance liquidity. The notes are slated to mature in 2026. The pricing of additional secure notes is at 101% of par value which includes any accrued interest from Jul 16,...

At the beginning of this week, the U.S. defense policy bill received a green signal from the nation's commander-in-chief, which provided a boost to  defense stocks. Notably, on Aug 13, President Trump signed the colossal fiscal 2019 National Defense Authorization Act (NDAA), sanctioning...

Per Reuters, IMPALA — an independent music body — has filed an official complaint with the European Commission (EC), opposing Sony Corp (ADR)'s (NYSE: SNE) $2.3 billion takeover bid for EMI Music Publishing, citing high market concentration. In May 2018, Sony made an offer to...

If someone offered you the opportunity to invest your money in a company that has been around for well over a decade, hasn’t had positive cash flow in over four years (in fact, actually burned more cash each year), and can’t really define when they’ll start making positive...

The world’s largest retailer Walmart Inc (NYSE: WMT) moved 10 percent higher Thursday morning after posting second earnings that beat analyst estimates. The company reported earnings per share of $1.29 and total revenue of $128 billion, above Wall Street expectations of $1.22 and $...

Utility stocks are known for their stability, consistency and reputation for high dividend yields. This is how they became known as “widow-and-orphan” stocks. Though investors aiming for growth should look elsewhere, utiliies deserve a look should one be seeking reliable...