Want to join the conversation?
$NOC said for 2016 it expects Aerospace sales in the low-$10Bil range with a mid to high 11% margin rate. Mission Systems sales for 2016 are expected to be in the high-$10Bil range with an operating margin rate in the mid to high 12% range. For 2016, Technology Services sales are expected in the mid-$4Bil with a margin rate of approx. 10%.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.