Stocks · News reference
Honeywell Aerospace Bags Landmark IndiGo Contract
Honeywell Aerospace stock dips 2.6% despite locking in its largest commercial avionics deal in history with India's IndiGo.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
U.S. Appeals Court Rejects Transportation Department Effort To Unwind Delta Air Lines, AeroMexico Joint Venture
- Reuters Citing Court Ruling
Grupo Aeromexico Q2 EPS $(0.40) Down From $0.50 YoY, Sales $1.479B Up From $1.314B YoY
Grupo Aeromexico (NYSE:AERO) reported quarterly losses of $(0.40) per share. This is a 180 percent decrease over earnings of $0.50 per share from the same period last year. The company reported $1.479 billion in sales
Shares of aerospace and defense companies are trading lower. Reports suggest that Deputy Defense Secretary Steve Feinberg signed a memo proposing a software tool that would give the government direct access to defense companies' financial systems, potentially impeding commercial and nontraditional firms from doing business with the Pentagon.
Honeywell Aerospace Stock Upgraded to Overweight Following Sell-Off
Morgan Stanley analyst Kristine Liwag upgraded Honeywell Aerospace to Overweight from Equal-weight on Wednesday, maintaining a $205 price target.
This Ciena Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday
Wall Street analysts changed outlook on top names. See upgrades, downgrades and initiations on analyst ratings page. Analysts view on HONA stock.