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GE Aerospace Secures Deal From SkyWest to Supply CF34 Engines
ZACKS· 2025-07-10 15:15
Core Insights - GE Aerospace has secured a contract with SkyWest, Inc. to provide CF34-8E engines and spares for 60 new Embraer 175 regional jets [1][9] Group 1: Engine Performance and Reliability - The CF34 engine family is recognized for its performance and reliability, with over 11,000 units delivered globally, achieving more than 209 million flight hours and 165 million flight cycles [2][9] - The engines have a dispatch reliability rate of 99.97% over a 12-month rolling period and can operate on approved sustainable aviation fuel (SAF) blends [3][9] Group 2: Business Relationships and Market Position - SkyWest has become the largest operator of GE's CF34 engines, currently operating over 1,200 GE-powered engines in its fleet [3][9] - The latest order reflects the strong, long-standing relationship between GE Aerospace and SkyWest [3] Group 3: Financial Performance and Market Outlook - GE Aerospace holds a Zacks Rank of 2 (Buy), indicating strong business performance driven by robust demand for commercial engines and technologies [4] - The company's shares have increased by 51.1% over the past year, outperforming the industry growth of 17.2% [6] - The Zacks Consensus Estimate for GE's 2025 earnings has risen by 0.2% in the past 60 days [6]
RTX Stock: Does Barracuda Anti-Mine's Success Signal a Buying Opportunity?
ZACKS· 2025-07-10 15:05
Core Insights - RTX Corp.'s Raytheon segment has successfully tested the Barracuda mine neutralization vehicle in untethered, semi-autonomous mode, showcasing its capabilities in naval mine countermeasures [1][10] - The Barracuda program is set for initial operational capability by 2030, with RTX developing larger variants for broader missions [2] - The successful demonstration positions RTX as a leader in advanced defense technology, potentially attracting investors [3] Stock Performance - RTX shares have increased by 26.3% year-to-date, outperforming the Zacks Aerospace-Defense industry's growth of 21.3% and the S&P 500's return of 5.2% [4] - Other defense contractors like Boeing and General Dynamics have also seen notable gains, with Boeing up 28.1% and General Dynamics up 13.9% [5] Growth Catalysts - A steady flow of defense orders is crucial for revenue growth, with RTX securing $9 billion in bookings during Q1 [6] - RTX's defense backlog reached $92 billion as of March 31, 2025, indicating strong revenue growth prospects [7] - The long-term earnings growth rate consensus for RTX is estimated at 9.3% [7] - The commercial aerospace sector is also a growth driver, with Collins Aerospace and Pratt & Whitney units showing year-over-year sales growth of 8% and 14%, respectively [11] Earnings Estimates - The Zacks Consensus Estimate for RTX's Q2 2025 revenues and earnings indicates improvements of 4.8% and 2.8% year-over-year [13] - Annual estimates for 2025 and 2026 suggest similar growth trends, although near-term earnings estimates have declined over the past 60 days [13] Valuation - RTX's forward 12-month price-to-sales ratio is 2.25X, higher than the peer group's average of 1.85X, indicating a premium valuation [19]
Howmet Aerospace to Host Webcast and Announce Second Quarter 2025 Results
Prnewswire· 2025-07-10 12:00
PITTSBURGH, July 10, 2025 /PRNewswire/ -- Howmet Aerospace Inc. (NYSE: HWM) will announce its second quarter 2025 financial results on Thursday, July 31, 2025. The press release and presentation materials will be available at approximately 7:00 AM ET on July 31, 2025, via the "Investors" section of the Howmet Aerospace website.The conference call and webcast will begin at 11:00 AM ET.Conference Call Information: Day: Thursday, July 31, 2025 Time: 11:00 AM ET H ...
DallasNews Corporation to Join Hearst
Globenewswire· 2025-07-10 12:00
The Dallas Morning News’ 140-year legacy of exceptional, independent journalism strengthened by Hearst’s resources, scale and industry reputationDALLAS, Texas and NEW YORK, July 10, 2025 (GLOBE NEWSWIRE) -- DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, and Hearst, one of the nation’s leading information, services and media companies, today announced that the companies have signed a definitive agreement whereby DallasNe ...
2 High-Powered Growth Stocks to Buy Now
The Motley Fool· 2025-07-10 09:30
Growth stocks have made a strong comeback after a rocky start to the year, driven by anticipated deregulation and significant breakthroughs in artificial intelligence (AI). Valuations have surged, and at first glance, bargains seem extinct.Look closer. Two high-powered growth stocks buck this trend, offering compelling opportunities despite price tags that would terrify traditional investors. When 70 times sales is cheapNebius Group (NBIS -2.23%) trades at over 70 times trailing sales, an astronomical valua ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-10 02:26
Robots aren’t new to hotels. You’ve probably seen them cleaning, delivering room service or gliding through the lobby. Now they’re coming for the spa.Our columnist gets on the table at a spa to pit the robot against a real massage therapist. 🔗 https://t.co/AjQVDfWE09 https://t.co/rpBA5FJImv ...
Origin Investment Corp I 宣布完成 6000 万美元首次公开募股
Globenewswire· 2025-07-10 00:30
Group 1 - Origin Investment Corp I has completed its initial public offering (IPO), issuing a total of 6,000,000 units at a price of $10.00 per unit [1] - Each unit consists of one share of common stock and half of a redeemable warrant, with the warrants allowing holders to purchase one share of common stock at a price of $11.50 [1] - The units began trading on the Nasdaq Global Market under the ticker symbol "ORIQU" on July 2, 2025 [1] Group 2 - The company plans to use the net proceeds from the IPO and concurrent private placement to seek and complete a business combination with one or more businesses [2] - ThinkEquity is serving as the sole book-running manager for the offering [2] - The S-1 registration statement related to the offering has been filed with the SEC and became effective on July 1, 2025 [2] Group 3 - Origin Investment Corp I is a blank check company, also known as a Special Purpose Acquisition Company (SPAC), aimed at merging with one or more businesses or entities [3] - The company does not limit its search for target companies to any specific industry but plans to focus on identifying targets in the Asian region [3] - The company will not complete its initial business combination with entities or businesses located in mainland China or those structured through variable interest entities [3]
X @Bloomberg
Bloomberg· 2025-07-09 21:45
The UK and French governments plan to order more of the Storm Shadow cruise missiles that they’ve been supplying to Ukraine, as well as accelerate efforts to develop a next-generation replacement for the weapons https://t.co/okH5Eg9dd4 ...
Intermap Announces Jack Hild Retires as Director
Globenewswire· 2025-07-09 21:45
Core Insights - Intermap Technologies Corporation announced the retirement of Jack Hild from its Board of Directors, recognizing his significant contributions to the company's growth and strategic direction in the defense and intelligence sectors [1][2][3] Company Overview - Intermap Technologies, founded in 1997 and headquartered in Denver, Colorado, is a leader in geospatial intelligence solutions, specializing in the creation and analysis of 3D terrain data [5] - The company utilizes patented sensors and processing technology to provide diverse, multi-source datasets, enabling seamless integration of geospatial intelligence into customer workflows [5] - Intermap's capabilities include high-resolution thematic models and global geospatial analysis through artificial intelligence and machine learning [5] Applications - Intermap's products and solutions are applicable in various sectors, including defense, aviation, disaster mitigation, environmental planning, telecommunications, and transportation [6]
X @Elon Musk
Elon Musk· 2025-07-09 16:12
RT SpaceX (@SpaceX)Installing the redesigned fuel transfer tube into the first next generation Super Heavy booster.Roughly the same size as the first stage of a Falcon 9 rocket, the new transfer tube is responsible for channeling cryogenic fuel from Super Heavy's main tank to its 33 Raptor engines and will enable faster, more reliable flip maneuvers and the ability for simultaneous engine startup ...