Summary: Lockheed Martin awarded a $348.46M contract for air vehicle spares for the Joint Strike Fighter Program.
Full articleSummary: Prime Medicine Inc. and Bristol Myers Squibb Co. collaborate in a $3.61 billion research collaboration and license agreement to develop reagents for ex vivo T-cell therapies.
Full articleSummary: A shareholder filed a class action lawsuit against Terran Orbital Corporation (NYSE: LLAP) alleging that the company misled investors regarding its business operations.
Full articleSummary: BlackRock Municipal Income Fund, Inc. (MUI) shareholders approved proposals for the conversion of the Fund to an unlisted closed-end interval fund structure, expected to occur in the first quarter of 2025.
Full articleSummary: Seaport Research upgraded Walt Disney Co (DIS) to 'buy' from 'neutral' with a price target of $108, close to analysts' consensus. Stock is on track to break a five-month losing streak.
Full articleSummary: Calls of the Day feature Disney and Autodesk by the Investment Committee
Full articleSummary: Chevron and Hess are in the news for an unspecified reason.
Full articleSummary: Ukrainian Defense Forces successfully liberate Vovchansk aggregate plant from Russian control, resulting in grave manpower losses for Russian commanders. HUR units played a crucial role in the mission.
Full articleSummary: 1. Royal Bank of Canada increases the price objective for Union Pacific. 2. Union Pacific’s strategic initiatives in infrastructure and technology drive growth prospects. 3. The railroad sector remains pivotal in trade logistics.
Full articleSummary: Whales are bearish on JPMorgan Chase with a mix of bullish and bearish trades detected. The predicted price range for JPM is $155.0 to $225.0 over the recent three months. Expert opinions provide an average target price of $227.5 for JPMorgan Chase.
Full articleSummary: The Federal Reserve Chair Jerome Powell indicated potential additional rate cuts if the economy evolves as expected, creating uncertainty in the market. Disney's stock has been performing well in September due to optimism about its streaming business and an upgrade from Seaport Research Partners. The S&P 500 energy sector is set to finish the third quarter as the only sector in the red, with Coterra Energy being one of the few positive spots.
Full articleSummary: CVS Pharmacy workers in California authorize bargaining team to call for an unfair labor practice strike due to dissatisfaction with contract negotiations and alleged labor violations. CVS has made progress on tentative agreements but the union is prepared to strike if necessary.
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