Raytheon (RTN) Remains a Top Pick for RBC Capital Following a 4Q EPS Beat

Raytheon (RTN) PT Lifted to $138 at Jefferies

January 29, 2016 8:39 AM EST

Jefferies analyst Howard Rubel reiterated a Buy rating and bumped his price target on Raytheon (NYSE: RTN) to $138.00 (from $133.00) following solid results.

Rubel commented, "The company reported EPS of $6.75 for 2015. We are raising our 2016 estimate to $7.10 from $7.00. Our 2017 EPS is $8.15. Forcepoint amortization and... More

Raytheon (RTN) Unit Completes Data Gathering During MDA Flight Test

January 29, 2016 6:26 AM EST

A Raytheon Company (NYSE: RTN) Exoatmospheric Kill Vehicle (EKV) successfully completed a data-gathering mission during a Missile Defense Agency flight test. The mission's objective was to observe in-flight performance of redesigned components and gain valuable information on evolving threat classes.

EKVs are designed to destroy incoming... More

Raytheon (RTN) Receives $564M NASA Contract for Two Satellite Sensors

January 29, 2016 6:25 AM EST

Raytheon Company (NYSE: RTN) has received a $564 million contract modification award from NASA for two satellite sensors as part of the National Oceanic and Atmospheric Administration's (NOAA) Joint Polar Satellite System (JPSS) Polar Follow-On missions.

The Visible Infrared Imaging Radiometer Suite (VIIRS) sensors are for two satellites in the series, Polar Follow-On /JPSS-3 and JPSS-4. These... More

Raytheon sees higher sales, profit in 2016, shares rise 4 percent

January 28, 2016 9:21 AM EST

By Andrea Shalal

WASHINGTON (Reuters) - Raytheon Co (NYSE: RTN) on Thursday reported better-than-expected fourth-quarter profit and forecast higher results for 2016, citing increasing demand from the Middle East, Asia and Europe for precision missiles and missile defense.

Chief Executive Officer Tom Kennedy told analysts that lower oil prices were not hurting demand from the Middle East, and several countries were looking to upgrade existing Patriot missile defense systems.

Revenues should rise 3 percent to 5 percent this year, up from an earlier forecast of 3 percent to 4 percent, Chief... More

Raytheon (RTN) Tops Q4 EPS by 4c; Issues Solid Outlook

January 28, 2016 7:00 AM EST

Raytheon (NYSE: RTN) reported Q4 EPS of $1.85, $0.04 better than the analyst estimate of $1.81. Revenue for the quarter came in at $6.3 billion versus the consensus estimate of $6.3 billion.

GUIDANCE:

Raytheon sees FY2016 EPS of $6.80-$7.00, versus the consensus of $7.08. Raytheon sees... More

Trading Radar for 1/28: Microsoft (MSFT), Amazon (AMZN), Visa (V), Alibaba (BABA), Caterpillar (CAT), Ford (F), Under Armour (UA) Report

January 27, 2016 2:43 PM EST

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

Before Markets Open:
Economics:
8:30am EST

Initial Claims - Street sees 285kContinuing Claims - Street sees 2.230MDurable Orders - Street sees (0.5%)

Earnings:

1-800-FLOWERS.com (Nasdaq: FLWS) - consensus loss $0.89
AU Optonics (NYSE: AUO) - consensus loss $0.01
Abbott (NYSE: ABT) - consensus loss $0.61
Airgas (NYSE: ARG) - consensus loss $1.18... More