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Opening Glance: Aerospace, defense stocks wobble
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NEW YORK - Shares of aerospace and defense companies wavered in early trading Wednesday as the broader market traded in a narrow range.
The Commerce Department said factory order rose 0.6 percent in May, matching Wall Street's expectations.
Morning results in the aerospace sector included:
United Technologies Corp. fell 22 cents to $60.46
Precision Castparts Corp. lost $2.16, or 2.2 percent, to $96.38.
L-3 Communications Holdings Inc. shed 58 cents to $88.30.
Lockheed Martin Co. rose 43 cents to $101.52.
Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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