United Technologies Defends its $23 Billion Rockwell Collins Acquisition Against Boeing Co.
United Technologies Corp (NYSE:$UTX) is an aerospace and industrial company that recently acquired avionic maker Rockwell Collins Inc (NYSE:$COL) for a cool $23 billion. However, Boeing Co (NASDAQ:$BA) firmly disapproved as to whether the deal ... [Read]
United Technologies CEO Announces $23 Billion Rockwell Deal “Is Not a Job Cuts Story”
For those interested in aerospace & defense investing, pay close attention to the following. On Tuesday, September 5, United Technologies (NYSE:$UTX) CEO Greg Hayes disclosed that the deal to acquire Rockwell Collins (NYSE:$COL) “is not ... [Read]
American Airlines Down 12.9% in 1 Month
Since its last earning report from a month ago, American Airlines Group, Inc (NASDAQ:$AAL) is down 12.9% in its shares – way underperforming in the market. Before we break it down, let’s take a look ... [Read]
Deere & Company Reported Lower-Than-Expected Sales; Shares Plunged in Premarket Trade
On Friday, Deere & Company (NYSE:$DE) reported a second straight quarter of lower-than-expected sales. Why? It seems to be because demand has remained slow-moving for its trademark green tractors and harvesting combines, which sent the ... [Read]
Chicago Bridge & Iron Company is Plummeting Today and It’s Pretty Disturbing
If you thought today’s overall decline in the stock market was bad, just take a look at Chicago Bridge & Iron Company (NYSE:$CBI), which is tumbling more than 35% on the day. To say that ... [Read]
This is Why Hertz Global Holdings Shares Increased Almost 20% Today
It appears that Hertz’s luck may finally be turning around. On Wednesday, after positive comments by CEO Kathryn Marinello, shares of Hertz Global Holdings (NYSE:$HTZ) flew almost 20%. “We have made significant progress in the ... [Read]
Avis Budget Group Shares Dropped Today and This Is Why
On August 8, as of 9:30 a.m. EDT, Avis Budget Group (NASDAQ:$CAR) shares dropped nearly 10%. Why? It all started after the New Jersey-based company posted disappointing Q2 results. What Does This Mean? Before moving ... [Read]
Horizon Global Corporation’s Stock Gained 23.6% Today!
On August 1, Horizon Global Corporation (NYSE:$HZN) traded on unusually high volume, as the stock gained 23.6% to close the day at $17.23. On Tuesday, Horizon Global witnessed 2.37 million shares trade hands on 13,368 ... [Read]
This is Why Hertz Global Holdings Stock is Plummeting Today
After being given a downgrade from Barclays, Hertz Global Holdings (NYSE:$HTZ) stock plummeted on July 31. Dan Levy, an analyst at Barclays, has officially lowered the firm’s rating for Hertz Global Holdings from “Equalweight” to ... [Read]
Avis Car Rental Just Introduced a Google Assistant Action for Google Home
Most people are aware of the fact that artificial intelligence (AI) is disrupting different industries, and it now looks like the travel sector is its next victim. On Monday, July 31, Avis Car Rental – ... [Read]