Motif Investing essentially allows its customers to create their own exchange-traded funds around themes, CEO Hardeep Walia says.» Read More
*Defense stocks mostly rise, General Dynamics falls. But executives at the top four weapons makers- Lockheed Martin Corp, Boeing Co, General Dynamics Corp and Northrop Grumman Corp- said the outlook remains hazy given lingering uncertainty over defense budgets in the United States and abroad.
WASHINGTON, Oct 23- The U.S. Navy said on Wednesday it issued a stop-work order to Raytheon Co on a next-generation Air and Missile Defense Radar valued at $1.6 billion after Lockheed Martin Corp filed a protest of the contract award.
WASHINGTON, Oct 22- Lockheed Martin Corp, the No. 1 supplier to the Pentagon, reported on Tuesday higher third-quarter profit despite a 4 percent decline in sales, and lifted its forecast for full-year earnings, even as U.S. military spending shrinks.
China is establishing itself as a credible competitor in the global weapons market. The NYT reports.
Stocks finished broadly lower Monday, with the Dow hitting a one-month low, as the government shutdown dragged for a second week and as investors grew worried that lawmakers may not be able to increase the debt ceiling, potentially leading to a default.
Just hours before Congress shut down the federal government, the Pentagon quietly went on a shopping spree and spent billions.
Doing a deal with the Chinese rather than with Europe or the U.S. has multiple advantages for Turkey, experts said.
The government shutdown will have an immediate impact on workers at the Pentagon. But for the defense contractors? No big deal right now.
Big spending cuts by the Pentagon may not be enough to meet the reductions mandated by the sequestration.
One of the few things defense experts agree on about Syria is that any military strike will involve Tomahawk cruise missiles made by Raytheon.
$1.6 million per missile. That's the cost of the Tomahawks the U.S. Navy may fire into Syria. But will that be a boon for Raytheon, which makes them?
Who wants to be a millionaire? Both front-runners for the Fed chairman position are multi-millionaires.
After the latest Fed announcement, one Wall Street pro says the best bets for August are the S&P 500 stocks that can grow organically without Bernanke being involved.
This is a big week for macro news: a Federal Reserve meeting, an advance look at second-quarter U.S. growth, and July's nonfarm payroll report. But the bigger story may be the weakness of the U.S. dollar.
Ten-year yields are resuming their rise. That is likely to remain a problem today — especially if housing stocks come under more pressure.
Some of the names on the move ahead of the open.
Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.
Check out which companies are making headlines after the bell Thursday:
GDP expanded at 1.8 percent; Russia’s 15 percent defense budget share to grow, China’s, too; McKesson CEO John Hammergren gets record $159 million pension.
The United States remains the largest player in global defense, but that dominance is expected to wane over the next eight years, according to analysis by IHS Jane's Defence.