Wednesday, April 7, 2010 as of 11:14 AM ET
General Dynamics Corporation () is a U.S. aerospace and defense company formed by mergers and divestitures, and as of 2011 it is the fourth largest defense contractor in the world.
Read More at Wikipedia ›Today, these stocks are down on high volume:Trading at a volume of 15.
8 million, or 2.7 its average daily volume, Caterpillar (NYSE:CAT) was down on high volume today. Shares were down 4.6% to $103.44. Shares are down over the last two months as the price has dropped $12.19 (-10.5%) from a price of $115.63 on February 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.1% above the mark.National-Oilwell Varco (NYSE:NOV) was trading down on above-average volume with 7.1 million shares moving, or 2.3 its average daily volume. Shares dropped 1.5% to $76.83. The stock has been sinking in the last two months, down $8.40 (-9.9%) from a price of $85.23 on February 27, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 2.9% above the mark.Lorillard (NYSE:LO) experienced a price drop on above-average volume today, with 2.6 million shares, or 2.7 its average daily volume, changing hands. Shares fell 3.9% to $129.53. Share...Moody’s Investors Service has ranked the top 10 defense programs -- and defense contractors -- that could get hurt by an estimated $1.2 trillion in automatic budget ...
FBN’s Diane Macedo breaks down the stories moving the markets around the world.
Berkshire Hathaway Inc. , Warren Buffett's conglomerate, disclosed in a regulatory filing late Monday new stakes in CVS Caremark Corp. , DirectTV Group Inc. , Genera...
Billionaire investor Warren Buffett ’s Berkshire Hathaway (NYSA: BRKA) holding company has taken stakes in computer chip manufacturer Intel ( NASDAQ : INTC) and cons...
TEL AVIV -- Force Protection Inc., the Summerville, S.C., designer of blast- and ballistic-protected vehicles for the military, agreed to be acquired by General Dyna...
By Scott MaloneBOSTON (Reuters) - Two top U.S. defense contractors posted sales that missed Wall Street's expectations on Wednesday in a sign that federal efforts to...
The week ahead marks the peak of second-quarter earnings season with more than one-third of the companies listed in the benchmark S&P 500 index reporting. Data relea...
General Dynamics Information Technology, a unit of General Dynamics (NYSE:GD), has been awarded up to $876 million over the duration of the next seven years to suppo...
Unknown hackers have broken into the security networks of Lockheed Martin Corp and several other U.S. military contractors, a source with direct knowledge of the att...
By Jim WolfWASHINGTON (Reuters) - The Pentagon is very encouraged by Wall Street's response to aerospace companies and arms makers, even as U.S. defense spending fla...
ATLANTA (Reuters) - Defense contractors General Dynamics <GD.N> and Northrop Grumman <NOC.N> delivered better-than-expected quarterly results as profit in most of th...
For the first time in the history of the U.S. Federal Reserve , its chairman will meet with reporters next week to answer questions on Fed policy. The press conferen...
Rheinmetall Defence, a division of defense, automotive and equipment company Rheinmetall AG (RHM.XE) Thursday said it has set up a tank ammunition joint venture with...
DOW JONES NEWSWIRESNorwegian technology company Kongsberg Gruppen ASA (KOG.OS) said Wednesday it has received an order worth NOK108 million from General Dynamics Lan...
“Only the Super-Rich Can Save Us” author Ralph Nader on cutting corporate welfare and why companies should give more back to their shareholders.
FBN’s Sandra Smith breaks down the day in the markets.
Billionaire investor Warren Buffett is apparently bullish on at least one big bank.Buffett’s investment holding company, Berkshire Hathaway (NYSE: BRK.A) has accumul...
As the wars in Iraq and Afghanistan wind down and the U.S. attempts to shrink its ballooning budget deficit, the American defense industry is bracing for leaner time...
Sterne Agee initiated coverage of the defense sector on Friday with a negative outlook because of shrinking military budgets, but dividend payouts and stock buybacks...
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