Northrop Grumman (NOC) Raises Quarterly Dividend 9.1% to $1.20; 1.5% Yield

Northrop Grumman (NOC) PT Raised to $431 at RBC Capital on Better OA Accretion

May 18, 2018 7:39 AM EDT

RBC Capital raised its price target on Northrop Grumman (NYSE: NOC) to $431.00 (from $419.00) while maintaining an Outperform rating.

Analyst Matthew McConnell is raising 2019/2020 Northrop Grumman estimates for better Orbital ATK accretion.

"Tailwinds since the September 2017 deal announcement include three quarters... More

JANA Shows New Stakes in Apple (AAPL), Boston Scientific (BSX), Dropbox (DBX), iQIYI (IQ) (more..) -13F

May 15, 2018 9:33 AM EDT

JANA Partners released its 13F for the quarter ended 3/31/18. Below is a summary:

New Stakes
Adobe Systems Inc (NASDAQ: ADBE) new 239,305 share position
ADT Corp. (NYSE: ADT) new 325,000 share position
Agilent Technologies Inc (NYSE: A) new 1,022,489 share position
Allergan Inc (NYSE: AGN) new 12,000 share position
AMERICAN AXLE & MANUFACTURING HOLDINGS, Inc. (NYSE: AXL) (CALL) new 100,000 share position
Anthem (NYSE: ANTM) new 610,593 share position
Apple Inc. (NASDAQ: AAPL) new 270,847 share position
Autodesk Inc (NASDAQ:... More

Wall St. ekes out gains as trade optimism pressured by defensive stocks

May 14, 2018 7:52 AM EDT

By Stephen Culp

NEW YORK (Reuters) - Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset optimism following U.S. President Donald Trump's conciliatory remarks toward China's ZTE Corp that calmed the waters of U.S.-China trade tensions.

The S&P 500 pared its gains after hitting a roughly two-month high earlier in the session, but at closing bell the index held onto its four-day winning streak.

Trump vowed on Sunday to help China-based communications firm ZTE "get back into business, fast" nearly a month after the... More