18 ноября, 01:09

Top Stock Reports for Cisco, Dominion Energy and Petrobras

Top Stock Reports for Cisco, Dominion Energy and Petrobras

10 ноября, 22:22

Defense Stock Roundup: LDOS, HII, OA Earnings Beat, LMT Wins Big

In the broader Aerospace sector, 90% of the companies have released their results as of Nov 8, with 77.8% delivering an earnings beat and 33.3% surpassing revenue estimates.

09 ноября, 16:29

Triumph Group (TGI) Q2 Earnings Drop Y/Y, Misses On Revenues

Triumph Group's (TGI) second-quarter fiscal 2018 earnings dropped year-over-year. However, revenues miss the same by 6.3%.

09 ноября, 15:32

Trump Slams China For Unfair Trade But Praises XI, Blames Predecessors; Unveils $250BN In Deals

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President Trump held a press conference with one of the most powerful people in the world and the event was...  underwhelming. It didn’t last long, the two stood fairly far apart at their lecterns and afterwards ignored questions from reporters (presumably in case one asked Xi about press freedoms again). In brief, we were informed about improving Sino-US relations, progress being made on the trade balance and co-operation on the North Korean issue and both leaders said it was a great success. On another sensitive subject, Xi’s asserted that the Pacific Ocean is big enough for both countries. Here is how the press conference was characterised by the South China Morning Post (SCMP). Trade and North Korea predictably topped the bill, but they also discussed security cooperation and the relationship between their citizens. The joint press conference lasted less than 15 minutes, with both leaders staying on-script to speak about further cooperation on a range of bilateral issues, from security on the Korean peninsula to Sino-US trade tensions. Both heralded the trip as a success. The joint press conference ends, with both leaders ignoring shouted questions from reporters. Journalists were told ahead of the conference that they would not be allowed to ask questions, after a New York Times reporter embarrassed Xi during Barack Obama’s 2014 visit with a question about press freedom in China. In one of the more memorable statements by Trump, the US President said China is taking advantage of American workers and American companies with unfair trade practices, but he blamed his predecessors in the White House rather than China for allowing the massive U.S. trade deficit to grow. “Right now, unfortunately, it is a very one-sided and unfair [relationship]. But – but – I don’t blame China. After all, who can blame a country for taking advantage of another country for the benefit of its own citizens? I give China great credit. But in actuality I do blame past administrations for allowing this out of control trade deficit to take place and to grow. We have to fix this because it just doesn’t work … it is just not sustainable.” Speaking alongside President Xi Jinping on Thursday at a briefing in Beijing, Trump’s words were in contrast to what he said was a "very good chemistry" between the two leaders as they announced $250 billion in investment deals, many of which came in the form of tentative agreements Below are some of the “key” moments from SCMPs live feed during this underwhelming press conference. Xi says Trump’s China trip is a success, and China is willing to further promote the development of Sino-US relations Xi said it is necessary to have continued in-depth of discussion on trade and lessen restrictions on the investment environment. Xi says the two also discussed the need to strengthen United Nations peacekeeping operations, as well as joint counter-terrorism efforts in places such as the Middle East and Afghanistan. Xi tells the press conference he has told Trump that The Pacific Ocean is big enough to accommodate both China and the United States. Xi says he explained the outcome of the recently concluded Communist Party congress to Trump. Trump thanks Xi for the welcoming ceremony this morning, describing the Forbidden City as “majestic.” “Your people are also very proud of you,” Trump said, as he congratulates Xi for the “successful” 19th party congress last month. Trump said he looks forward to building an “even stronger relationship” between China and the US, as well as further exchanges between the people of their nations. Trump said the two discussed bilateral trade issues such as forced technology transfers, market access, and the “chronic imbalance” in trade. On North Korea, Trump says China has agreed to step up economic pressure until the Kim regime gives up its nuclear ambitions. The subject of North Korea had seen Trump at his most firm with his Chinese hosts earlier in the day, as The Guardian reports. “But time is quickly running out. We must act fast, and hopefully China will act faster and more effectively on this problem than anyone…China can fix this problem easily and quickly and I am calling on China and your great president to hopefully work on it very hard. I know one thing about your president: if he works on it hard it will happen. There is no doubt about it.” The main focus, however, was always going to be the trade issue. What surprised us was Trump’s about turn on blaming China for the trade deficit, to blaming previous governments in his own country. Perhaps he was simply overwhelmed by the (apparent) warmth of the welcome he received from Xi and the rest of the Chinese leadership. Excuse our cynicism, but we suspect that the Chinese appreciated that Trump would need something to “show” (or tweet) on the trade issue…and that’s what he was given. The highlight of Trump’s visit to Beijing, which is grabbing the headlines, is obviously the $253 billion of trade deals (see below) which were signed during Trump’s visit. With Trump having spent the best part of two years, before and after his election, lambasting China for the trade deficit, Xi played “Mr Nice Guy” on trade. Indeed, this is precisely what we expected, see our preview of Trump’s visit “Will Xi Offer Trump A Small Victory On Trade As Cover For His Longer-Term Ambitions” here.  However, as the BBC noted. They also announced the signing of $250bn (£190bn) worth of business deals during Mr Trump's visit, although it is unclear how much of that figure is past deals being re-announced or simply the potential for future deals. Bloomberg was equally sceptical. The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals, it’s unclear how one gets to that figure. Many of them weren’t broken out into separate valuations, while a large number were in the form of nonbinding memoranda of understanding or involved agreements with existing Chinese partners. As we noted in our preview and still stand by. …our suspicion is that Xi’s plan is to offer a “victory” to Trump with regard to reducing the trade gap, but only a small one. Meanwhile, China will continue with its longer-term “Mackinder-esque” plan to integrate the Eurasian continent via its “One Belt, One Road Plan” and undermine the dollar by accumulating gold and steadily increasing non-dollar trade. If it wasn’t for the small matter of China’s horrendous credit bubble, the US would have an even weaker hand. Below Bloomberg looks into the $253 billion of trade deals and tries to make sense of the winners and losers. The White House has unveiled a slew of agreements with China as President Donald Trump seeks to address an imbalance in trade. While Commerce Secretary Wilbur Ross boasted a total of $250 billion in business deals, getting to that figure may require some fuzzy math. Many of the deals weren’t broken out into separate valuations, while a large number were in the form of non-binding memoranda of understanding or involved agreements with existing Chinese partners.   Boeing Co.’s $37 billion aircraft order consists mostly of previously agreed deals, according to officials with knowledge of the matter. An agreement involving Cheniere Energy Inc. was presented at the signing ceremony as worth $11 billion, though neither company involved announced the value. Other pacts are stretched over lengthy periods, such as a 20-year shale gas and chemical project in West Virginia. Still, the wave of deals signals the potential for an easing of tensions between the two countries, in addition to an increase in trade for products ranging from helicopters to beef. Here are highlights of what’s been disclosed so far: Energy Alaska Gasline Development Corp.: a joint agreement to advance a liquefied natural gas project in Alaska, involving the state of Alaska, Sinopec, China Investment Corp. and Bank of China Ltd. The project has been in discussion for years, and Alaska Gasline applied for federal approval for the development in April. Exxon Mobil Corp., ConocoPhillips, BP Plc and TransCanada Corp. have been involved in the effort, but have distanced themselves since estimating in 2012 that it would cost as much as $65 billion and take more than a decade to construct. Air Products & Chemicals Inc.: the industrial gases company and state-owned Yankuang Group Co. intend to form a joint venture to build and operate an air separation, gasification and syngas clean-up system for a $3.5 billion coal-to-syngas production facility. Air Products is currently a supplier to the first phase of the project. Earlier this year, Air Products scrapped its plan to acquire China’s Yingde Gases Group Co. after a private-equity firm swooped in. Transportation Boeing: China Aviation Supplies Holding Co. agreed to buy 300 aircraft worth about $37 billion before discounts that are customary in the industry for large orders. Boeing didn’t disclose how many are new orders. The state has previously placed large orders through a centralized buyer before dividing them up among its airlines and leasing companies. Chinese airlines have been on a plane-buying spree amid a projection for the country to overtake the U.S. as the largest air-travel market possibly in as soon as in five years. General Electric Co.: Juneyao Airlines ordered GEnx engines for its Boeing 787 fleet and ICBC Leasing ordered LEAP-1B engines for Boeing 737 MAX aircraft. The list prices for the two deals totaled $2.5 billion. GE also said it signed a cooperation agreement with China Datang Group to provide the Chinese company with gas turbines and other products and services. Honeywell International Inc.: contract with Spring Airlines Co., the Chinese budget carrier that flies over 130 routes with a fleet of Airbus A320 planes. The U.S. company is a supplier for the C919, a new single-aisle plane being produced by state-owned Commercial Aircraft Corp. of China Ltd. Bell Helicopter: the subsidiary of Textron Inc. signed an agreement to sell 50 of its helicopters to Reignwood International Investment Group Co. The company had already ordered 60 choppers, according to Bell Helicopter. Ford Motor Co.: Ford gave financial details of an electric-vehicle alliance with China’s Anhui Zotye Automobile Co. that was first announced in August. The companies will invest 5 billion yuan ($754 million) to develop the cars they’ll sell under a new brand unique to the Chinese market. Ford has said at least 70 percent of its own Ford-brand vehicles sold in China will offer electric or hybrid propulsion by 2025. Agriculture Beef and Pork: JD.com Inc. agreed to buy $1.2 billion of beef from the Montana Stock Growers Association and pork from Smithfield Foods Inc. over the next three years, as part of a deal by the Chinese online retailer to import $2 billion of U.S. goods over that period. The beef portion, about $200 million, would signal a big increase in the appetite for red meat among Chinese consumers, as shipments remain low due to the limited supply that meets requirements. According to China’s Customs General Administration, the country imported 2.3 billion yuan of beef last year. The pork deal may not be much help creating jobs at Smithfield’s U.S. factories: The company can’t sell made-in-America sausage, ham and bacon to Chinese consumers because China prohibits imports of processed meat, CEO Kenneth Sullivan said in an interview in March. Smithfield parent WH Group opened an 800 million-yuan factory in central China in 2015 to produce American-style packaged meat products. Archer-Daniels-Midland Co.: memorandum of understanding with state-owned COFCO Group for the export of U.S. soybeans into China. Financial Goldman Sachs Group Inc.: China’s sovereign wealth fund and Goldman Sachs announced a fund to help invest as much as $5 billion in American companies that have existing or potential business connections with China. State-backed China Investment Corp.’s role in the fund could complicate investments in American companies, after the Trump administration in September rejected a China-led takeover of a U.S. chipmaker on national-security grounds. Moreover, Goldman Sachs may only be able to contribute 3 percent of the fund because of U.S. rules regarding banks’ private-equity investments. Technology Qualcomm Inc.: non-binding MOUs with Chinese smartphone vendors Xiaomi, Oppo and Vivo - all of them current customers - to sell approximately $12 billion in semiconductors over three years. The San Diego-based chip company’s China sales of $14.6 billion accounted for 65 percent of its revenue for the fiscal year ended Sept. 24. Industrial DowDuPont Inc.: memorandum of understanding between Dow Chemical and Beijing Mobike Technology Co. to cooperate on developing lighter-weight and more environmentally friendly bicycles. The two companies began working together last year, the official China Daily reported Tuesday. Caterpillar Inc.: cooperative framework agreement with newly formed China Energy Investment Corp. -- a combination of Shenhua Group Corp., the nation’s largest coal miner, and China Guodian Corp., one of its top-five power generators. The pact “outlines future agreements” for sales and rentals of Caterpillar mining equipment and other products and services, the U.S. company said in a statement. Honeywell International: an MOU with Oriental Energy Co. to cooperate on five propane dehydrogenation projects in Chinese cities. Honeywell announced in May that two Oriental Energy subsidiaries had licensed its technology to begin producing propylene.  

08 ноября, 17:38

Huntington Ingalls (HII) Tops Q3 Earnings, Sales Up Y/Y

Huntington Ingalls' (HII) total revenues in the third quarter were $1.86 billion, ahead of the Zacks Consensus Estimate of $1.78 billion by 4.5%

08 ноября, 12:40

Пентагон объявил большую охоту за военными тайнами России

Американцы скупают нашу военную технику по всему свету

Выбор редакции
06 ноября, 13:54

В США пытаются найти ответ на рост российской военной мощи

По информации бюллетеня, в Вашингтоне начата секретная гонка для того, чтобы нарастить свои силы на фоне того, что в Пентагоне называют «стратегические угрозы». В приоритете – Москва и Пекин. Имело место обращение к посредникам относительно их возможности поставить Армии США российские и китайские радиоэлектронные системы воздушного базирования (системы РЭБ, БРЭО, боевые информационно-управляющие системы). С какой целью? Эти современные системы по последнему писку моды должны быть установлены на самолеты учебных эскадрилий, которые выступают в роли «агрессоров». Они укомплектованы устаревшими самолетами, которые Вашингтон скупает по всему миру (французские Mirage F.1, чешские L-39 и L-159) при помощи субподрядчиков (компании Draken International, Textron Airborne Solutions). Комитет начальников штабов с трудом находит ответ на операции, которые проводит Российская армия за рубежом. Сверхбыстрые, эти перемещения каждый раз загоняют США в угол и регулярно ограничивают их маневр в политико-военной сфере.

26 октября, 20:10

L3 Technologies (LLL) Tops Q3 Earnings, Raises '17 EPS View

L3 Technologies (LLL) reported better-than-expected earnings in the third quarter of 2017, driven by higher year-over-year revenues.

26 октября, 17:05

Raytheon (RTN) Beats on Q2 Earnings, Raises '17 Outlook

Raytheon's (RTN) third-quarter revenues of $6,284 million saw 4.5% year-over-year growth. Its operating cash flow from continuing operations dropped year over year

25 октября, 18:12

Boeing (BA) Tops Q3 Earnings Estimates, Updates '17 Guidance

Boeing (BA) reported better-than-expected earnings in the third quarter of 2017, driven by higher revenues.

25 октября, 16:15

Northrop Grumman (NOC) Beats Q3 Earnings, Raises '17 Outlook

In third-quarter 2017, Northrop Grumman (NOC) reported total revenues of $6.53 billion, beating the Zacks Consensus Estimate of $6.32 billion by 3.3%

25 октября, 16:11

General Dynamics (GD) Beats Q3 Earnings, Revenues Dip Y/Y

General Dynamics' (GD) third-quarter total revenue of $7,580 million missed the Zacks Consensus Estimate of $7,892 million by 4%.

24 октября, 17:42

Can Missile Systems Unit Drive Raytheon's (RTN) Q3 Earnings?

Apart from its strong forte in domestic front, international business expansion has always been a primary growth driver for Raytheon (RTN).

24 октября, 17:11

Defense Stocks Q3 Earnings Roster for Oct 25: BA, GD & More

The Aerospace sector's Q3 earnings are likely to decline 12.9% on 5.3% higher revenues; while earnings for S&P 500 members are likely to rise 2.6% on 5% higher revenues.

13 октября, 17:04

Is Investing in Textron (TXT) Stock a Prudent Choice Now?

Textron (TXT) follows a systematic inorganic growth strategy to expand its operations. Yet we remain on the sidelines considering the weak performance delivered by its aviation business.

Выбор редакции
10 октября, 01:35

Original 'Dr. Doom' Says Next Fed Chair Must Break Up Banks "To Be Small Enough To Fail"

Henry Kaufman, the former chief economist of Salomon Brothers in the 70's and 80's who earned the moniker of "Dr. Doom" for his frequent criticisms of the Fed's interest rate policies, has some advice for President Trump on how to pick the next Fed Chair: find someone willing to break up the "too big to fail" banks. “You’ve got to be small enough to fail” without that failure causing problems that cascade through the financial system, Kaufman said in the question-and-answer session of an Economic Club of New York breakfast on Oct. 5 at the imposing University Club on Fifth Avenue. As it is now, Kaufman said, “We are trying to preserve conglomeration.”    It’s more important for the next Fed chief to have a good understanding of how markets work than it is to own a Ph.D. in economics or to have been a business titan, Kaufman said.   William McChesney Martin, who ran the Fed from 1951 to 1970, never earned a graduate degree in economics. But he “turned in a good performance” in overseeing a period of healthy economic growth, Kaufman said. In contrast, he said, the two Fed chiefs who followed Martin allowed high inflation to become embedded in the U.S. economy in the 1970s. The first, Arthur Burns, was a distinguished Ph.D. economist from Columbia University. The second, G. William Miller, came to the Fed from Textron Inc., where he was chief executive officer. Of course, even though Kaufman is credited with accurately calling the market bottom on August 17, 1982, he has proven on several occasions that he doesn’t quite always get things right.  He invested some of his personal wealth with Bernie Madoff, which ultimately turned out to be one of the biggest ponzi schemes in American history, and was the chairman of the Lehman board's finance and risk committee before the bank collapsed into bankruptcy in 2008...not a great track record of late. That said, Kaufman seems to have learned from those mistakes after leaving the Economic Club of New York with the following uplifting thought: "There will be another financial crisis. And it will pop out. And we’ll all say, ‘How did it happen?’”

25 сентября, 17:21

Textron Wins $30M Beechcraft King Air 350 Maintenance Deal

Textron (TXT) secured a $30-million maintenance training contract for the Beechcraft King Air 350 under foreign military sales.

27 июля, 17:40

Raytheon (RTN) Tops Q2 Earnings & Sales, Raises '17 View

Raytheon (RTN) ended the second quarter with cash and cash equivalents of $2,167 million, down from $3,303 million as of Dec 31, 2016.

27 июля, 17:28

L3 Technologies (LLL) Beats Q2 Earnings, Updates '17 View

L3 Technologies, Inc.'s (LLL) better-than-expected results in Q2 were buoyed by organic sales growth and solid performance at most of its segments.

27 июля, 15:02

Triumph (TGI) Misses on Q1 Earnings & Revenues, View Intact

Triumph Group Inc.'s (TGI) fiscal first quarter results fails to meet expectations due to weak performance across all segments.

19 мая 2016, 18:43

В США испытали мобильный боевой лазер

На военной базе «Форт-Силл» в Оклахоме (США) проведено испытаниебоевого лазера HELMTT (High Energy Laser Mobile Test Truck ),предназначенного для обнаружения и уничтожения малых беспилотников, артиллерийских снарядов и мин.Эти испытания проводились с 11 по 19 апреля, но сообщили о них только сейчас, после анализа результатов. Мощность лазера была довольно небольшой - 10 киловатт. В следующем году будет проведено испытание лазера HEL-MD мощностью 50 киловатт. К 2020 году мощность мобильной установки будет увеличена в случае успеха до ста киловатт. Разработчик мобильной лазерной установки - корпорация Boeing.Испытания лазера HELMTT были проведены в ходе учений, что свидетельствует о практически полной готовности разрабатываемой мобильной установки. 10-киловаттный лазер достаточно мощен, чтобы сбивать беспилотники и уничтожать мины. В 2013 году был испытан боевой лазер (High Energy Laser Mobile Demonstrator, HEL MD) мощностью 10 киловатт, который  «уничтожил более 90 минометных снарядов и несколько беспилотников».У корпорации Boeing есть также проект лазерной пушки, с помощью которой самолеты смогут поражать цели на расстоянии 35 километров и более.Американские разработчики (Textron и Northrop Grumman) боевых лазеров сегодня делают ставку на твердотельные (т/т) лазерные системы с полупроводниковой накачкой, которые заменить громоздкие и экологически небезопасные химические лазеры. У химических лазеров есть определенное преимущество - не нужна мощная энергетическая установка, так как энергию дает химическая реакция. Но т/т лазеры гораздо надежнее, легче и компактней. Они проще в обслуживании и безопаснее в эксплуатации. Лазерные диоды, используемые для накачки лазера, легко совместимы с низковольтной энергетической установкой и не требуют трансформации напряжения.Сегодня в разработке находятся лазеры с мощностью до 500 киловатт. Дальнейшее увеличение мощности вряд ли возможно, так как все эти лазеры представляют из себя многомодульные конструкции - чем больше модулей, тем больше мощность. Для мобильных лазеров это неприемлемо.Кроме того, при повышении мощности лазерного луча на поверхности объекта-цели возникает слой плазмы, который затрудняет дальнейшее проникновение луча. Все нынешние американские лазеры работают в доплазменном режиме. Чтобы успешно работать в плазменном режиме, нужно использовать так называемый импульсно- периодический режим, при котором каждая следующая «порция» изучения успевает проскочить в тот момент, когда плазменный слой от предыдущей растаял.Во всех этих проектах речь идет о силовых лазерах, которые пробивают отверстия в бензобаках цели, отрезают крылья летательных аппаратах и т.д.Такие лазеры могут применяться только на небольших расстояниях, не более десятков километров. Для того, чтобы сбивать баллистические ракеты, как это, например, предполагалось в рамках проекта «Стратегической оборонной инициативы», нужны мощности на уровне 25 мегаватт, что недостижимо по крайней мере в ближайшие 10 лет, как считают российские эксперты.Другой класс лазеров - так называемые «умные» лазеры. Они не разрушают объект, а выводят из строя электронику или ослепляют операторов и пилотов. Тут не требуется большой мощности, что резко увеличивает дальность воздействия.Иным путем идет американская компания «Raytheon», сделавшая ставку на волоконные лазерные системы. В них используется кварцевые волокна с редкоземельными металлами: неодимом, эрбием, иттербием, туллием, празеодимом. Испытан 100-киловаттный волоконный лазер, интегрированный с зенитным артиллерийским комплексом. Он эффективно сбивает беспилотники на расстоянии 1,5–2 км (В порядке военно-полевого юмора можно вспомнить, как командир эскадрильи беспилотников Новороссии ополченец Гудвин сбивал вражеские БПЛА из охотничьего ружья, летая на мотодельтаплане).В США созданы химические лазеры для применения в космическом пространстве, где экологические последствия не имеют значения.Компания «Northrop Grumman» создала боевой комплекс YAL-1на базе кислородно-йодного лазера. Этот комплекс установлен на самолете Боинг 747 и занимает практически весь объем этого громадного лайнера.Существуют и другие типы лазеров, которые периодически демонстрируются журналистам, причем подчас устраиваются инсценировки с использованием, например, динамита для создания большего эффекта.Поэтому не всем сообщениям об успешных испытаниях новых лазерных систем в США можно верить. Например, комплекс YAL-1 первоначально задумывался как стратегический для дальности в 600 километров, а на деле смог обеспечить эффективную «работу» на расстоянии не более 130 км.Однако, в прошлогоднем докладе агентства ДАРПА говорится о том, что у боевых лазеров огромные перспективы и что в скором времени оружие направленной энергии «превратит традиционные символы военной мощи в устаревший хлам на уровне пушечных ядер и кавалерии».Для России разработка боевых лазеров является самым эффективным ассиметричным ответом на высокоточное оружие НАТО. Лазер легко сожжет дорогостоящую высокоточную боеголовку, причем соотношение цена/качество  будет в пользу обороняющейся стороны. Лазерные системы могут защитить страну и от приближающихся к нашим границам ракетных комплексов потенциального противника.+Лазерные комплексы, способные бороться с ракетным нападением создают и другие страны, например, Франция, Германия, Англия, Израиль, Япония, Южная Корея, Китай.Первопроходцами в разработке боевых лазеров были советские ученые, но эти исследования были «зарезаны» в 90-е годы. О сегодняшнем состоянии подобных разработок в РФ судить довольно трудно из-за вполне понятного режима секретности. Некоторым утешением может служить тот факт, что эффективность любого лазера падает практически до нуля в пасмурную погоду или во время дождя и тумана. Именно поэтому испытания лазеров проводятся в таких регионах, как солнечная Калифорния или Персидский залив. Впрочем, у любого оружия есть свои достоинства и недостатки. Кроме того, главной ареной будущих противоборств ведущих военных держав станет космос, где не бывает, как известно, ни туманов, ни дождей.Автор: Владимир Прохватилов, Президент Фонда реальной политики (Realpolitik), эксперт Академии военных наукhttp://argumentiru.com/society/2016/05/429214