Lockheed Martin's Great Week on Main Street
Over the last seven days Lockheed Martin (LMT) has won four nice contracts totaling $1.169 Billion to add to their backlog of orders, which prior to these orders stood at $76.4 Billion. Here are the orders;Complete Story » seekingalpha.com |
Boeing's Dreamliner: Will the Test Flight Change Guidance?
George Gutowski submits: Boeing (BA) will soon conduct the defining test flight for its 787 Dreamliner. Of course it will fly and the publicity pictures will be spectacular. But let us read between the lines. In previous earnings releases the company said it would adjust earnings guidance based on test flight results. The initial corporate reaction, if they remember to talk about earnings, will be “we are analyzing results”. The test flight will provide a huge amount of technical data. The product line financial model is based on computer simulations. This will be the first taste of reality and the model will most certainly need to be adjusted. Complete Story » seekingalpha.com |
Durable Goods Orders Up; Zooming In on Aircraft Orders
Zacks.com submits: by Dirk van DijkNew Orders for Durable Goods rose by 0.5% in total in February, on top of gains of 3.9% in January and 1.8% in February. The January number was revised sharply higher from the previously reported 3.0%.Complete Story » seekingalpha.com |
Aviation Advisory Committee Objectives: Government or Market Solutions?
Vaughn Cordle submits:May 12th the DOT released the Mission Statement and Objectives of Secretary Lahood's Advisory Committee. It looks like a great group, and the objectives of the Commission appear to be perfectly politically correct; Obama should be happy.Labor has a seat at the table, which is good. As they say in Washington, if you are not at the table, you are on the menu. A fair question to ask is how much influence unions have in Washington, and whether their views will prevail in the final report of the commission.Complete Story » seekingalpha.com |
Frontline Sees Stormy Seas Ahead
Old Trader submits:John Fredricksen, Frontline's (FRO) largest shareholder, sounded a cautionary note for the oil shipping industry, noting that a large spike in ship deliveries over the next two years will, in all likelihood, drive charter rates down. According to an article that appeared in the weekend issue of the Financial Times, 180 VLCCs (Very Large Crude Carriers) are scheduled to be delivered over the next two years. This is the equivalent of 33 percent of the existing fleet!Complete Story » seekingalpha.com |