RBC Capital Raises Price Target on General Dynamics (GD) to $165 Following 2Q EPS Beat

Go back to RBC Capital Raises Price Target on General Dynamics (GD) to $165 Following 2Q EPS Beat

Drexel Hamilton Downgrades General Dynamics Corp. (GD) to Hold

July 30, 2015 9:29 AM EDT

Drexel Hamilton downgraded General Dynamics Corp. (NYSE: GD) from Buy to Hold and removed its price target (prior $152.00).

For an analyst ratings summary and ratings history on General Dynamics Corp. click here. For more ratings news on General Dynamics Corp. click here.

Shares of General Dynamics Corp. closed at $149.96 yesterday.

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Wall St higher ahead of Fed meeting

July 29, 2015 11:38 AM EDT

By Tanya Agrawal

(Reuters) - Wall Street was higher on Wednesday as investors assessed earning ahead of a statement from the U.S. Federal Reserve that could give clues regarding the timing of a rate hike.

Investors are focused on the outcome of the Fed's two-day policy meeting with markets divided on whether it will take a hawkish or dovish stance. No move on rates is expected this week.

In a recent congressional testimony, Fed Chair Janet Yellen neither ruled out a September interest rate hike nor guided the market toward thinking it was a... More

General Dynamics (GD) Tops Q2 EPS by 21c; Boosts FY15 EPS Outlook

July 29, 2015 7:45 AM EDT

General Dynamics (NYSE: GD) reported Q2 EPS of $2.27, $0.21 better than the analyst estimate of $2.06. Revenue for the quarter came in at $7.9 billion versus the consensus estimate of $7.68 billion.

General Dynamics' backlog remained steady at the end of second-quarter 2015, with funded backlog at $55.4 billion and... More

Trading Radar 7/29: Facebook (FB), MasterCard (MA), McKesson (MCK), MetLife (MET), Baxter (BAX), LifeLock (LOCK) Report

July 28, 2015 2:38 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

500.com Ltd. (NYSE: WBAI) - consensus loss $0.08
ACCO Brands (NYSE: ACCO) - consensus EPS $0.16
ADT Corp. (NYSE: ADT) - consensus EPS $0.50
Amedisys (Nasdaq: AMED) - consensus EPS $0.33
American Tower (NYSE: AMT) - consensus... More