NYSE Market News

Selected to Modernize Black Hawk Cockpit Northrop Grumman Corporation (NYSE:NOC) has been selected by Redstone Defense Systems to supply and integrate mission avionics equipment for a digital cockpit upgrade of the U.S. Army’s UH-60L Black Hawk helicopters. Northrop Grumman will provide a scalable, fully integrated mission equipment package for the UH‑60L cockpit and will replace […]

Okay. I admit it. Sometimes journalists are overcome by hyperbole. But when we say that it was a monster of a day for Monster Beverage Corp. (NASDAQ:MNST) and Coca Cola (NYSE:KO), it is the real thing. When the two companies announced that the rumors about Coke purchasing a position in Monster were true, Monster’s share […]

We are only a month away from the highly anticipated IPO of China’s e-commerce giant, Alibaba, when the company says, “Open Sesame,” to anxious investors. Today, however, a cloud is forming over the company’s debut on the New York Stock Exchange as Alibaba is hunting for thieves. There may not be 40 of them, but […]

Retail megalith Walmart (NYSE:WMT) published its first half results today, reporting its seventh straight quarterly decline in same store sales year-on-year. Walmart share price, nonetheless, rose by 0.49% to 74.39, the neighborhood in which it has been parked since July 2012. Look at the Situation If you haven’t discovered by reading my previous columns about […]

– Net sales increased 28.1% over second quarter 2013 to $6.3 million; Net sales were up 16.7% year to date – Gross margin in the second quarter of 2014 expanded 6.7 points to 18.1% Arrhythmia Research Technology, Inc. (NYSE:HRT), operating through its wholly-owned subsidiary, Micron Products, Inc., is a diversified manufacturer of proprietary, highly-engineered technologies...

Steering Gear Systems for Arleigh Burke-Class Guided Missile Destroyers Northrop Grumman Corporation (NYSE:NOC) has been awarded contracts from the U.S. Navy, General Dynamics Bath Iron Works and Huntington Ingalls Industries to provide integrated bridge and navigation systems and steering gear systems to modernize Arleigh Burke-class guided missile destroyers (DDGs). Naval Sea Systems Command...

Walgreens (NYSE:WAG), the largest chain of pharmacies in the U.S. is entering into the final phase of its long-planned takeover of Alliance Boots. Walgreens’ share price dropped by more than 13% in early trading today. As of 3:53 pm GMT, its shares are selling at 60.38. down 12.8% from yesterday’s close of 69.12. It would […]

Sometimes even a fox like Rupert Murdoch can’t find a way to get into the hen house. Tuesday evening, 21st Century Fox (NASDAX:FOXA) announced that it had officially withdrawn its offer to become the guardian of the Time Warner (NYSE:TWC) hen house. The share prices of both companies declined rapidly. Murdoch, Chairman and CEO of […]

Breaking News: Winthrop Realty Trust (NYSE:FUR) has announced that at its special meeting of common shareholders held earlier in the day holders of approximately 73% of Winthrop’s common shares of beneficial interest approved the plan of liquidation previously adopted by Winthrop’s Board of Trustees. As a result, the plan of liquidation was approved by the […]

Public Offering of 7.375% Senior Notes due 2021 Arbor Realty Trust, Inc. (NYSE:ABR) announced today that it has priced its public offering of $35.0 million aggregate principal amount of its 7.375% Senior Notes due 2021 for gross proceeds of $33.88 million. The offering was made pursuant to a reopening of its existing series of such […]