aerospace

A Chinese-led group of scientists has discovered a stellar black hole with a mass 70 times that of the sun, much denser than previously thought possible. The researchers announced their discovery of the black hole, named LB-1 and a little under 15,000 light-years from Earth, in the journal Nature...

The term “frontier markets” typically refers to international diversification—that is, investing outside United States borders—and specifically nations that are developing economically and newly open to investment. But what if we were to widen that definition out a bit, from...

Virgin Galactic Holdings Inc. (NYSE: SPCE) has had a rough first three days as a public company. The stock dipped 11% on Oct. 31 to close at $9.41, taking its decline this week to 20%. What Happened The space tourism company went public on the New York Stock Exchange Oct. 28. Why It...

It’s been a quick comeback for the S&P 500 Index (SPX), which hit new record highs Thursday and sits more than 8% above its early-June low. The index rose every day so far this week, though it shows signs of flagging early Friday as tensions in the Middle East remain in the picture. It...

Bolloré Logistics Canada has joined forces with Group Robert and J2 to offer logistics and supply chain support in Canada's aerospace industry. Bolloré Logistics, a subsidiary of France's Bolloré (Euronext: BOL), announced the partnership at the Paris Air Show on June 17. The consortium plans to...

Parker Hannifin Corporation (NYSE: PH) announced Monday that it has entered an agreement to buy privately held LORD Corp. for about $3.675 billion in cash.  What Happened Cary, North Carolina-based Lord offers advanced adhesives, coatings, specialty materials and vibration amd motion control...

The aerospace sector remains in the late stages of the cycle, while the defense sector faces a degree of uncertainty, with President Donald Trump looking to cut Department of Defense spending by 5 percent. Yet opportunities still exist for investors in the two segments, according to Morgan Stanley...

With shares of Arconic Inc (NYSE: ARNC) trading close to 52-week lows, Longbow Research turned bullish again on the stock and sector after "positive feedback" from an aerospace supplier survey. The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy...

Multinational conglomerate United Technologies Corporation (NYSE: UTX) said Monday it will split itself into three businesses in conjunction with the completed acquisition of Rockwell Collins. Those businesses are: United Technologies, which will supply components to the aerospace and defense...

Aircraft component designer, producer and supplier TransDigm Group Incorporated (NYSE: TDG) confirmed Wednesday it entered an agreement to buy aerospace and defense supplier Esterline Technologies Corporation (NYSE: ESL) for a near 40-percent premium. What Happened TransDigm reached...

Hexcel Corporation (NYSE: HXL), a leading advanced composites company with large exposure to the commercial original equipment cycle, should be bought by investors given the recent "softness" in the stock, according to Canaccord. The Analyst Canaccord Genuity's Ken Herbert upgraded...

Arconic Inc (NYSE: ARNC) is a stock that's "bruised" trading south of $18 per share, but to say it's "broken" stock is a mistake, according to Longbow Research.  The Analyst Longbow Research's Chris Olin upgraded Arconic from Neutral to Buy with a new $23...

Two Wall Street analysts took a favorable view this week of Parker-Hannifin Corp (NYSE: PH)'s updated five-year outlook.  The Analysts KeyBanc Capital Markets' Jeffrey Hammond maintains an Overweight rating on Parker-Hannifin stock with an unchanged $225 price target. Baird...

Both United Technologies Corp. (NYSE: UTX) and Honeywell International Inc. (NYSE: HON) will continue to benefit from global construction and aerospace sector growth, according to Tigress Financial Partners’ Ivan Feinseth. The Analyst Feinseth recommended the purchase of UTX and Honeywell...

Textron Inc. (NYSE: TXT)'s earnings report Wednesday consisted of a profit miss and weak 2018 guidance, but one Wall Street analyst now sees reason to be "less bearish" on the stock. The Analyst Morgan Stanley's Rajeev Lalwani upgraded Textron's stock rating from Underweight...