- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Boeing Co. (NYSE:BA) is party to a new contract with Elbit Systems’s (NASDAQ:ESLT) wholly-owned Israeli subsidiary Elbit Systems – Cyclone Ltd., under which it will be supplied structural components from the latter. The arrangement has a value of around $80 million, and will be carried out over seven years.
Bank of America Corporation (NYSE:BAC) has been given a 2012 Model Bank award from Celent, the financial services research and consulting firm. The recognition arises from BofA’s, CashPro Payments, which is a global payments hub that it developed and deployed in late 2011. CashPro employs a sophisticated payment infrastructure, which provides BofA Merrill clients with an integrated global payments connectivity worldwide.
Walt Disney Co. (NYSE:DIS): The U.S. Department of Justice is pursuing an antitrust inquiry, as to whether cable companies (NASDAQ:CMCSA)(NYSE:TWC) are responding improperly to competition from online video (NASDAQ:NFLX)(NASDAQ:NWSA)(NYSE:DIS), according to sources to the Wall Street Journal.
Hewlett-Packard Company’s (NYSE:HPQ) trial in California, regarding the company’s allegations that Oracle Corp. broke a contract when it decided in 2011 to cease the development of software for some H-P servers, resumes Wednesday following a two-day pause.
Johnson & Johnson (NYSE:JNJ) shares are moving up, following word that one of the firm’s subsidiaries, Janssen Pharmaceutical, would advance its position in J&J shares in the framework of an acquisition. In response, Jefferies boosted the shares from Hold to Buy, JPMorgan from Neutral to Overweight, and Raymond James from Market Perform to Outperform.
Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.
Don’t Miss: Here’s Why Apple IS NOT a Hardware Company.
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.