Founder of Dividend Mantra. Founder of Mr. Free At 33. Co-Founder of Dividends & Income. I started blogging about my journey to financial independence back in 2011. By living well below my means and intelligently investing my hard-earned capital, I went from below broke at age 27 to financially free at 33 years old. I regularly create content on dividend growth investing, living off of dividends, undervalued high-quality dividend growth stocks, high-yield situations, and other long-term investment opportuni ...

PASCAGOULA, Miss., Nov. 20, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Ingalls Shipbuilding division welcomed Gen. Eric Smith, the 39th commandant of the U.S. Marine Corps, for an official visit to the shipyard on Wednesday. During his visit, Smith met with Ingalls leadership and toured the shipyard, including two amphibious warships currently under construction, Bougainville (LHA 8) and Harrisburg (LPD 30). “We were honored to highlight the critical work our Ingalls shipbuilders do every day in support of ...

NEWPORT NEWS, Va., Nov. 19, 2024 (GLOBE NEWSWIRE) -- HII (NYSE: HII), America’s largest military shipbuilder and provider of all-domain defense solutions, is celebrating National Apprenticeship Week from Nov. 17-23, honoring the essential role of apprenticeships in workforce development and skills training. National Apprenticeship Week is a nationwide celebration established by the U.S. Department of Labor to showcase and promote high-quality and in-demand career pathway opportunities through registered app ...

RADNOR, Pa., Nov. 13, 2024 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Huntington Ingalls Industries, Inc. (NYSE: HII) (“Huntington Ingalls”). On October 31, 2024, Huntington Ingalls reported disappointing third-quarter earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS, and cut its full-year guidance. Additionally, Huntingt ...

NEWPORT NEWS, Va., Nov. 13, 2024 (GLOBE NEWSWIRE) -- HII’s (NYSE: HII) Newport News Shipbuilding division has completed post-shakedown availability (PSA) work on Virginia-class fast attack submarine USS Montana (SSN 794). The submarine was redelivered to the U.S. Navy Tuesday. “Redelivering USS Montana back to the fleet reflects the tremendous teamwork and accomplishment by our shipbuilders and the crew,” said Jason Ward, NNS vice president of Virginia-class submarine construction. “This successful PSA demo ...

RADNOR, Pa., Nov. 13, 2024 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of Huntington Ingalls Industries, Inc. (NYSE: HII) ("Huntington Ingalls").On October 31, 2024, Huntington Ingalls reported disappointing third-quarter earnings that fell considerably short of analyst estimates, including a 34.2% miss on EPS, and cut its full-year guidance. Additionally, Huntington In ...

Core Viewpoint - Huntington Ingalls Industries, Inc. has faced significant scrutiny following its Q3 earnings report, which revealed a substantial earnings miss and a sharp decline in stock price, prompting investigations into potential violations of federal securities laws [2][1]. Financial Performance - On October 31, 2024, Huntington Ingalls reported Q3 earnings that were considerably below analyst expectations, with a 34.2% miss on earnings per share (EPS) [2]. - The company's gross and operating margins also declined compared to the same quarter in the previous year [2]. - Following the earnings report, Huntington Ingalls' stock price dropped over 26% on the same day [2]. Legal Investigation - Bragar Eagel & Squire, P.C. is investigating potential claims against Huntington Ingalls on behalf of its stockholders, focusing on possible violations of federal securities laws and other unlawful business practices [1][4]. - The law firm is reaching out to stockholders who may have suffered losses and is encouraging them to participate in the investigation [3].

Core Viewpoint - Holzer & Holzer, LLC is investigating Huntington Ingalls Industries, Inc. for potential compliance issues with federal securities laws following a disappointing third-quarter report and revised full-year guidance, which led to a decline in the company's stock price [1]. Financial Performance - Huntington Ingalls reported its third-quarter results for fiscal 2024 on October 31, 2024, indicating that performance improvement and risk reduction assumptions were not met [1]. Stock Market Reaction - Following the announcement of the third-quarter results and the revised guidance, the stock price of Huntington Ingalls experienced a drop [1].

Core Points - HII's Mission Technologies division has been awarded a $197 million contract to support the U.S. Army Combat Capabilities Development Command's Ground Vehicle Systems Center (GVSC) [1][2] - The contract is part of the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle, aimed at enhancing the Defense Technical Information Center (DTIC) repository and the research and development community [2][6] - The five-year task order will focus on researching and developing enhancements for GVSC's ground combat systems, emphasizing vehicle power and mobility across various Army vehicles, including manned and unmanned systems [3][4] Company Overview - HII is recognized as the largest military shipbuilder in the U.S., with over 135 years of experience in advancing national security [7] - The company employs a workforce of 44,000 and is headquartered in Virginia, providing critical capabilities that range from ships to unmanned systems and advanced technologies [7][6] - HII's mission is to deliver powerful defense solutions to protect peace and freedom globally [6][7]

Core Insights - Huntington Ingalls Industries reported disappointing third-quarter earnings, missing analyst estimates by 34.2% on EPS and cutting its full-year guidance [2] - The company's gross and operating margins fell compared to the same quarter in the previous year [2] - Following the earnings report, Huntington Ingalls' stock price dropped over 26%, closing at $184.96 per share on October 31, 2024, down from $250.49 per share the previous day [2] Company Investigation - Kessler Topaz Meltzer & Check, LLP is investigating potential violations of federal securities laws on behalf of Huntington Ingalls investors [1] - The law firm has a history of prosecuting class actions related to securities fraud and breaches of fiduciary duties [3]