|Bid||160.00 x 1300|
|Ask||180.00 x 1000|
|Day's Range||177.10 - 178.74|
|52 Week Range||143.87 - 207.72|
|Beta (3Y Monthly)||1.50|
|PE Ratio (TTM)||16.01|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||4.08 (2.30%)|
|1y Target Est||205.82|
(Bloomberg) -- Norway’s $1 trillion wealth fund revoked its more than decade-long exclusion on Walmart Inc. after the U.S. retailer tightened control over potential human rights abuses in its supply chain.Walmart has made “positive developments” in monitoring its suppliers, the fund’s Council on Ethics said in a statement released Tuesday.“Furthermore, the company engages actively in selected, high-risk areas in order to help bring about improvements in working conditions,” the council said in a letter. “There seem to be fewer reports of poor working conditions in Walmart’s supply chain now than there were before.”The fund also decided to revoke exclusions to Grupo Carso SAB de CV, General Dynamics Corp., Nutrien Ltd., Rio Tinto Ltd. and Rio Tinto Plc, as well as Wal-Mart de Mexico SAB de CV, according to a statement.General Dynamics was let in from the cold after discontinuing the production of cluster munitions while Grupo Carso is no longer involved in tobacco, according to the fund. The exclusion of Nutrien was revoked after it ceased purchases from Western Sahara and Rio Tinto was taken off the list after it agreed to sell its Grasberg mine in Indonesia, reducing the risk of “severe environmental damage.”Norway’s sovereign wealth fund, the world’s largest, takes into account ethical rules encompassing human rights, some weapons production, corruption, the environment, coal and tobacco when deciding on its investments.Runar Malkenes, a spokesman at Norway’s central bank, said the recommendations to revoke the exclusions were made over time, but the bank found it “appropriate” to publish all seven decisions at the same time. It’s part of the council’s mandate to regularly reassess exclusions, he said in an email. To contact the reporter on this story: Sveinung Sleire in Oslo at email@example.comTo contact the editor responsible for this story: Jonas Bergman at firstname.lastname@example.orgFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Norway's $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund's investments on ethical grounds were revoked, the board of the central bank said on Tuesday. The issue was Rio Tinto's stake in the mine, which according to the Norwegian finance ministry at the time, discharged very large amounts of tailings directly into a natural river system.
GDIT will continue supporting the CMS mission and help safeguard the Medicare trust fund. FALLS CHURCH, Va. , June 21, 2019 /PRNewswire/ -- General Dynamics Information Technology (GDIT) announced today ...
Yields on U.S. government and other sovereign debt around the world are now at multi-year lows. —after Iran said it had shot down a U.S. military drone flying in its airspace. The U.S. said in response that the plane was in international airspace.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does General Dynamics (GD) have what it takes? Let's find out.
The Zacks Analyst Blog Highlights: Boeing, Lockheed, Raytheon, General Dynamics and Huntington
The recent attacks on oil tankers rattle the international petroleum market. If U.S. initiates a war in the Middle East, U.S. defense majors are likely to gain.
SAN DIEGO , June 14, 2019 /PRNewswire/ -- General Dynamics NASSCO will hold a special event to christen and launch the containership Lurline on Saturday, June 15. The Lurline is an 870-foot-long, 3,500 ...
The Senate on Thursday voted against an effort to block sales of a set of U.S. arms to Qatar and Bahrain, though Kentucky Republican Sen. Rand Paul’s push got support from more than 40% of the chamber.
General Dynamics Corporation (NYSE:GD), a large-cap worth US$49b, comes to mind for investors seeking a strong and...
Aerospace companies that could count Raytheon Technologies as rivals have selected urban cores for new offices, versus Greater Boston’s suburban markets.
SAVANNAH, Ga., June 12, 2019 /PRNewswire/ -- Gulfstream Aerospace Corp. today announced the all-new, award-winning Gulfstream G600 will make its first appearance at the International Paris Air Show June 17 through 23, joining the Gulfstream G280, Gulfstream G550 and Gulfstream G650ER on static display. "The European response to the G600 and the innovations it brings to business aviation has been extraordinary," said Mark Burns, president, Gulfstream.
General Dynamics (GD) to provide necessary engineering, procurement and production support along with baseline upgrades and new technology support for the DDG 51 program.
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before the Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the first […]
Investors gave their blessing to the $121 billion all-stock merger of defense contractor Raytheon Co. and United Technologies Corp. on Monday, pushing shares of both companies higher after the surprise weekend announcement. The “merger of equals,” as the companies describe it, would allow Raytheon to expand into commercial aviation while reducing United Technologies’ dependence on aerospace. The marriage between a leading aerospace business and a giant government defense contractor also has the potential to rattle suppliers, customers and competitors.
General Dynamics Corp NYSE:GDView full report here! Summary * Perception of the company's creditworthiness is negative * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low * Economic output in this company's sector is contracting Bearish sentimentShort interest | PositiveShort interest is extremely low for GD with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting GD. Money flowETF/Index ownership | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding GD totaled $3.74 billion. Additionally, the rate of outflows appears to be accelerating. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managersâ€™ Index (PMI) data, output in the Industrialsis falling. The rate of decline is very significant relative to the trend shown over the past year, and is accelerating. The rate of contraction may ease in the coming months, however. Credit worthinessCredit default swap | NegativeThe current level displays a negative indicator. GD credit default swap spreads are near their highest levels for the past 1 year, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The U.S. reportedly wants to sell the advanced General Dynamics M1A2 tank to Taiwan, angering China. Lockheed Martin and Raytheon arms also could be included.
Two large-cap companies announced quarterly dividends on June 5. Shares of General Dynamics Corp. (GD) rose 2.48% to $171.94 on Wednesday following the announcement of the quarterly dividend of $1.02 per share that will be paid on Aug. 9 to shareholders of record as of July 5. Warning! GuruFocus has detected 1 Warning Sign with WFC.
SAVANNAH, Ga., June 6, 2019 /PRNewswire/ -- Gulfstream Aerospace Corp. today announced its interior and industrial design teams earned International Yacht & Aviation Awards for the third consecutive year. "The consistent performance Gulfstream has had in The International Yacht & Aviation Awards is further proof that our design expertise and interiors are ahead of the rest," said Mark Burns, president of Gulfstream.
General Dynamics' (GD) MK-46 GWS is a remotely operated naval gun system that uses a 30mm high velocity cannon for shipboard self-defense against small, high speed surface targets.