GE Aerospace has partnered with Arizona-based StandardAero to help build and sustain the CT7-2E1 propulsion systems that will power the UK Armed Forces’ New Medium Helicopter (NHM) fleet. The collaboration follows the July selection of GE’s CT7 engine by Leonardo to power 23 AW149 multirole airframes it was contracted to deliver to the…
Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter….
Earnings season is ramping up as Tesla (TSLA), Netflix (NFLX), General Motors (GM), and Ford Motor Company (F), among others, report results this week. As of Oct. 17, 12% of S&P 500 companies have reported results, according to FactSet data, and analysts are expecting an 8.5% jump in earnings per share during the third quarter….
In the latest close session, GE Aerospace (GE) was up +2.45% at $300.82. This move outpaced the S&P 500’s daily gain of 0.41%. Elsewhere, the Dow gained 0.18%, while the tech-heavy Nasdaq added 0.31%. The stock of industrial conglomerate has risen by 6.7% in the past month, leading the Aerospace sector’s gain of 3.07% and…