*Wells Fargo stake grows to nearly $17 billion. May 15- Warren Buffett's Berkshire Hathaway Inc on Wednesday revealed a new investment in Chicago Bridge& Iron Co and said it has added to its largest equity holding, Wells Fargo& Co..
*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
*Potential repercussions for Congress, Obama presidency. WASHINGTON, May 5- Healthcare reform should be the signature Democratic achievement of President Barack Obama's presidency.
Boeing Co's defense division, Northrop Grumman Corp and General Dynamics Corp on Wednesday followed the lead of Pentagon supplier Lockheed Martin Corp in reporting higher earnings and lower revenue.
WASHINGTON, April 24- General Dynamics Corp remains "very, very focused" on cutting overhead costs across the company as part of its ongoing drive to improve operating margins and increase competitiveness, Chief Executive Phebe Novakovic said on Wednesday.
WASHINGTON, April 24- General Dynamics Corp Chief Executive Phebe Novakovic said investors could expect consistency in dividend payments and more "shareholder-friendly" share buybacks in 2013.. Novakovic said General Dynamics had increased its quarterly dividend payment by 10 percent to 56 cents a share in March, a trend she called "important."
Boeing Co's defense division, Northrop Grumman Corp and General Dynamics Corp on Wednesday followed the lead of top Pentagon supplier Lockheed Martin Corp in reporting higher earnings and lower revenue.
April 24- General Dynamics Corp reported slightly higher first-quarter earnings on Wednesday, far exceeding analysts' forecasts, but revenue fell short of expectations. The maker of tanks, ships and Gulfstream jets reported net earnings of $571 million, or $1.62 per share, up from $564 million or $1.57 per share, a year earlier.
Chief of Naval Operations Admiral Jonathan Greenert said budget requests required under sequestration had cut about $6.1 billion, or 8 percent, from the Navy's investment programs in fiscal year 2013, which ends Sept. 30.
*Pentagon facing "double absurdity" in funding- official. Deputy Defense Secretary Ashton Carter told a conference of industry officials that the Pentagon was facing a "double absurdity" of having to implement across-the-board budget cuts generally seen as bad policy while being funded for last year's spending levels and priorities.
*Increases dividend 10 pct to 8.8 pence per share. LONDON, March 7- British defence and aerospace supplier Cobham is to expand its commercial aircraft division and continue cost-cutting to offset forecast U.S. budget cutbacks and return the company to growth next year.
Based in San Diego, NASSCO is a wholly-owned subsidiary of General Dynamics and the largest full-service shipyard on the West Coast. The company's three shipyards are in Mayport, Florida, near Jacksonville; Norfolk, Virginia; and San Diego- cities that rely heavily on the military for jobs.
*Virginia, Maryland, D.C. could lose 450,000 jobs- study. WASHINGTON, Feb 28- U.S. government workers normally unfazed by political gridlock are angry that they will be disproportionately hurt by Washington's inability to reach a deal to avoid some $85 billion in automatic budget cuts due to kick in on Friday.
The Fast Money traders share their final trades of the day.
Tuesday, 18 Jun 2013 | 5:00 PM ETAhead of the Fed meeting, the S&P 500 appears headed toward 1,687, StockMonster's Guy Adami says.
Tuesday, 18 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.