DIRS.INFO The most relevant business & tech news

☆ Trump versus Harris: What the November election means for defense stocks
▼ + stars: | 2024-10-09 | by ( Brian Evans | ) www.cnbc.com time to read: +9 min

No matter who voters choose, whether it is former President Donald Trump or Vice President Kamala Harris , Liwag doesn't expect a meaningful shake-up in the outlook for defense stocks. Still, the analyst notes that even cases where an administration cuts defense spending, stocks can still carve out gains. During the Obama administration, the defense budget fell 3.3%, but defense stocks gained 2.1%. The defense stocks Morgan Stanley covers have outperformed the S & P 500 since Russia's invasion of Ukraine, Liwag said. "Historically, the conventional wisdom has been that Republicans are positive for defense spending and defense stocks, while Democrats are negative," Harned said.

Persons: Bernstein, Douglas Harned, Lockheed Martin, Morgan Stanley, Kristine Liwag, Donald Trump, Kamala Harris, Liwag, Bernstein's Harned, Harned, Harris, Wolfe Research's, Tobin Marcus, Marcus, Ronald Epstein, Epstein, Trump, Northrop, Obama, Northrop Grumman, Morgan Stanley's, Michael Ciarmoli, Truist, Leonardo Organizations: P Aerospace, Defense, Industry, L3Harris Technologies, Lockheed, CNBC, " Bank of America, Democratic, Senate, Republican, U.S . House, Trump White House, Republican Senate, Trump, Abrams, Space Force, Northrop Grumman, General Dynamics, Hamas, Dynamics, Northrop, Gulfstream, Leonardo DRS, Moog, Republicans Locations: Ukraine, U.S, Russia, Crimea, Iran, Israel

☆ China rocket launch creates cloud of space debris in low-Earth orbit
▼ + stars: | 2024-08-09 | by ( Ashley Strickland | ) edition.cnn.com time to read: +5 min

CNN —One of China’s Long March 6A rockets has broken apart in low-Earth orbit and created a debris cloud consisting of hundreds of pieces, according to multiple space debris-tracking entities. And the reason for the rocket breakup remains unknown. Everything in low-Earth orbit travels at 17,500 miles per hour, Crassidis said. It’s the second time one of these rocket bodies has experienced a significant breakup event in low-Earth orbit, according to Victoria Heath, associate director of marketing and communications for LeoLabs. “Events like this highlight the importance of adherence to existing space debris mitigation guidelines to reduce the creation of new space debris and underscore the need for robust space domain awareness capabilities to rapidly detect, track, and catalog newly-launched space objects so they can be screened for potential conjunctions.”

Persons: China’s, SpaceX’s, “ USSPACECOM, ”, Rob Margetta, LeoLabs, John L, Crassidis, “, It’s, Victoria Heath, Audrey Schaffer Organizations: CNN, Taiyuan Satellite, Shanghai Spacecom, Satellite Technology, Space Command, US Department of Defense, NASA, International, Network, University, Buffalo’s School of Engineering, Applied Sciences, LeoLabs, Aerospace Locations: Taiyuan, Shanghai, Victoria

☆ Space garbage hits Florida home, NASA confirms
▼ + stars: | 2024-04-16 | by ( Jackie Wattles | ) edition.cnn.com time to read: +5 min

CNN —A piece of garbage jettisoned from the International Space Station unexpectedly survived a fiery reentry from orbit last month and pierced the roof of a home in Florida, according to NASA. Garbage disposal in spaceNASA routinely brings home batches of science experiments, cargo and garbage from the space station using capsules such as the Dragon spacecraft built by SpaceX. But after the installation of new batteries on the space station in 2021, authorities disposed of a pallet of aging nickel-hydrogen batteries in a different way. But the debris that struck Otero’s house was the result of miscalculations about how space garbage would behave. The space agency should be more conservative in its analysis if it attempts a similar trash disposal method in the future, he added.

Persons: ” Alejandro Otero, Otero, ” Otero, “ I’m, Otero’s, John Crassidis, ” Crassidis Organizations: CNN, International, NASA, WINK News, Kennedy Space Center, SpaceX, European Space Agency, ESA, China National Space Administration, University, Buffalo’s School of Engineering, Applied Locations: Florida, Naples , Florida, China

☆ Small-Cap Stocks: How to Pick Winners, 3 That Top-5% Fund Manager Owns
▼ + stars: | 2023-11-29 | by ( Mark Reeth | ) www.businessinsider.com time to read: +6 min

Sauerbronn, a director at Brandes Investment Partners, has co-managed the Brandes Small Cap Value Fund for the last five years. Sauerbronn did note that ideally, he'd hold stocks for longer, and in fact there are some stocks in the fund that have been there for 10 years or more. 3 favorite stocks right nowAmong the holdings in Sauerbronn's fund, industrials stand head and shoulders above the rest. But Sauerbronn has focused on positioning the fund defensively, homing in on stocks with strong balance sheets in an industry that has grown used to easy money. As the name implies, the company manufactures composite materials for companies across the aerospace market, from drones to jet engines.

Persons: Luiz Sauerbronn, Sauerbronn, Patience, It's, Barber Nichols, tanking, Max Organizations: Brandes Investment Partners, Value Fund, Business, Graham Corp, US Navy, Navy, Aerospace, Park Aerospace, Airbus, Boeing, Moog Inc Locations: —

The deal to buy Collins' actuation and flights controls business marks the French engine and aircraft equipment maker's biggest acquisition since the 2018 purchase of seat maker Zodiac. "We are going to move towards more electrical actuation and flight controls," Safran's Chief Executive Officer Olivier Andries said. Collins Aerospace, part of U.S. aerospace and defence giant Raytheon Technologies, recently renamed RTX (RTX.N), said the sale would "optimize resources". Safran said its all-cash offer gave the business it is acquiring an enterprise value of $1.8 billion. Safran said Collins would remain a key customer for the business as a manufacturer of nacelles or engine housings for jetliners, making up 25% of the acquired activity's revenues.

Persons: France's Safran, SAF.PA, Collins, Olivier Andries, Safran, Andries, Pascal Bantegnie, Augustin Turpin, Tim Hepher, Jan Harvey, Jane Merriman, Elaine Hardcastle Organizations: Collins Aerospace, Raytheon Technologies, Airbus, Boeing, French Rafale, Parker Aerospace, Thomson Locations: U.S, Paris, American, Eaton, United States, Europe

☆ Opinion: The fifth Beatle is artificial intelligence
▼ + stars: | 2023-06-16 | by ( Opinion Jere Hester | ) edition.cnn.com time to read: +5 min

CNN —Who’s the fifth Beatle? But now there’s a 21st century contender for the honor: artificial intelligence. The band took some flak for releasing two songs years after Lennon’s murder in 1980. Pepper’s Lonely Hearts Club Band” album with trippy loops and other innovations that changed the course of popular music. But in the right hands — in this case, Jackson and McCartney’s — AI can be a tool that wields magic.

Persons: Jere Hester, Craig Newmark, CNN —, Jere Hester John Smock, Sir George Martin, Brian Epstein, Stuart Sutcliffe, Sir Paul McCartney’s, John Lennon’s, Lennon, McCartney, Peter Jackson, ”, Yoko Ono, Lennon’s, Jackson, McCartney’s, Facebook McCartney, Ringo Starr, Ono, George Harrison’s, Olivia, Let’s Organizations: Craig Newmark Graduate School of Journalism, CUNY, CNN, BBC Radio, Twitter, Beatles Locations: Liverpool

☆ Safran nears $1.8 billion deal to acquire Raytheon's flight controls unit
▼ + stars: | 2023-06-14 | by ( David Carnevali | ) www.reuters.com time to read: +2 min

June 14 (Reuters) - French aerospace engine maker Safran SA (SAF.PA) is nearing an approximately $1.8 billion deal to acquire a Raytheon Technologies Corp (RTX.N) unit that makes flight controls for aircraft, helicopters and missiles, according to a person familiar with the matter. Safran may reach a deal to acquire Raytheon's actuation business that makes flight controls as early as this week, the source said, asking not to be identified because the matter is confidential. Spokespeople for Safran and Raytheon did not immediately respond to requests for comment. Safran said on June 5 it was participating in a "competitive process" for Raytheon's flight controls business, without commenting on the chances of an agreement or the terms of a deal. The Raytheon business will strengthen Safran's ties with Airbus SE (AIR.PA), since it sells into many of its commercial aircraft and has some operations in France.

Persons: Safran, Parker, Spokespeople, Olivier Andries, Rockwell Collins, Greg Hayes, David Carnevali, Louise Heavens Organizations: Safran SA, Raytheon Technologies Corp, Raytheon, United Technologies, Moog Inc, Eaton Corp, Woodward Inc, Hannifin, Bloomberg News, Safran's, French, Zodiac Aerospace, Airbus, U.S ., Rockwell, Collins Aerospace, Thomson Locations: France, New York

☆ Here are Monday's biggest analyst calls: Apple, Nvidia, Amazon, DraftKings, Nike, Snowflake & more
▼ + stars: | 2023-05-22 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Piper Sandler names Microsoft, Snowflake and Oracle top AI picks Piper said that Microsoft, Snowflake and Oracle are the next "all-stars" in AI. Citi adds a negative catalyst watch on Nike Citi said Foot Locker's negative earnings report last week does not portend well for Nike. Citi downgrades Foot Locker to neutral from buy Citi downgraded Foot Locker after its disappointing earnings report last week and says shares are not fully de-risked. Deutsche Bank reiterates Snowflake as buy Deutsche says it's "constructive" heading into Snowflake earnings on Wednesday. Bank of America reiterates Alphabet as buy Bank of America says the internet search giant is "well positioned for mobile."

☆ Wall Street pros reveal their top defense stocks — and the same names keep coming up
▼ + stars: | 2023-02-08 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

The iShares U.S. Aerospace & Defense ETF (ITA), which tracks the performance of U.S.-listed aerospace and defense stocks, rose 8.8% in 2022 and is up more than 2% this year. He said defense stocks are "one way to protect the other parts of the portfolio that are under pressure." "I'm bullish on aerospace and defense stocks, and I think those are names that should be in a longer-term portfolio. The investment bank described Moog as a "transition story" that will benefit from an "extended defense spending lift." Other South Korean stocks with exposure to the defense sector include Hyundai Heavy Industries and Daewoo Shipbuilding & Marine Engineering.

☆ Cowen names this little-known defense systems stock a top pick, says it can rally 40%
▼ + stars: | 2023-02-06 | by ( Hakyung Kim | ) www.cnbc.com time to read: +2 min

Aerospace and defense company Moog is Cowen's top small and medium-cap pick for 2023. Analyst Cai von Rumohr reiterated the stock's outperform rating, calling it a transition story with 40% upside from Friday's close. "Given Moog's strong position in attractive niche markets, we think this strategy makes lots of sense. However, von Rumohr believes that much of the company's risks have already abated. "The integrated satellite bus program entails risk; but risk is abating as Moog is 80% through software development.

☆ 50 Years Ago, Stevie Wonder Heard the Future
▼ + stars: | 2022-10-27 | by ( The New York Times | ) www.nytimes.com time to read: +3 min

In 1972 — half a century ago — Stevie Wonder reinvented the sound of pop by embracing all he could accomplish on his own. He released two albums that year: “Music of My Mind” in March and then, less than eight months later, on Oct. 27, the even more confident and far-reaching “Talking Book.” “Talking Book” was a breakthrough on multiple fronts. Wonder had given signs on earlier albums, particularly his self-produced “Where I’m Coming From” (1971), that he would not just be writing love songs. In their test run — a three-day weekend working together in the studio — Wonder wrote 17 songs. From 1972-74, with Wonder writing the songs and Cecil and Margouleff programming the sounds, they would make four landmark albums: “Music of My Mind,” “Talking Book,” “Innervisions” and “Fulfillingness’ First Finale.”

Search resuls for: "Moog"

11 mentions found