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Wednesday 24 June 2015
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Pre-Market News Report on: Textron Inc. (NYSE:TXT), Great Panther Silver Ltd (USA) (NYSEMKT:GPL), Raytheon Company (NYSE:RTN), Automatic Data Processing (NASDAQ:ADP)

On Thursday, Shares of Textron Inc. (NYSE:TXT), gained 0.20% to $ 46.15.

Textron, declared their joint presence during the International Paris Air Show, June 15-18, at Le Bourget Parc des Expositions.

“The Paris Air Show is one of the world’s great venues for aviation and defense solutions, and possibly the only forum large enough to present the diversity of our products,” said Scott Donnelly, Textron’s president and CEO. “Textron is bringing several premier brands into one location. Whether your interest is in advanced rotorcraft, tactical turboprop and jet aircraft, precision weapons, unmanned aircraft, or simulation and training—this is the most comprehensive exhibit we have ever delivered to an international air show.”

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through five segments: Textron Aviation, Bell, Textron Systems, Industrial, and Finance. The Textron Aviation segment manufactures business jets, turboprop aircraft, piston aircraft, military trainer and defense aircraft, and parts, in addition to provides maintenance, inspection, and repair services.

Shares of Great Panther Silver Ltd (USA) (NYSEMKT:GPL), declined - 5.83% to $ 0.4520, during its last trading session.

Great Panther Silver Ltd, declared that it has obtained a US$10,000,000 credit facility from Auramet International LLC. Great Panther has had a commercial relationship with Auramet for several years.

“Great Panther has a strong balance sheet with no debt and about $35 million (Canadian dollars) of net working capital. The Auramet facility provides the Company with greater financial flexibility and, in particular, more options with regard to the pricing and the timing of the pricing of our concentrate sales.” stated Robert Archer, President & CEO.

Great Panther Silver Limited, a silver mining and exploration company, engages in the mining of mineral properties in Mexico. The company explores for silver, gold, lead, and zinc. It primarily owns a 100% interest in the Topia Mine comprising of 53 contiguous concessions covering about 6,258 hectors in Durango State; and a 100% interest in the Guanajuato silver-gold mine covering 1,107 hectares situated in the Guanajuato Mining District.

At the end of Thursday’s trade, Shares of Raytheon Company (NYSE:RTN), gained 1.19% to $ 102.16.

Militaries of the future will soon have access to a single radar capable of protecting troops’ backs from threats such as ballistic and cruise missiles, and drones. Raytheon Company (RTN) accomplished a series of milestones, bringing the combat-proven Patriot Air and Missile Defense System with 360-degrees of coverage one step closer to production readiness.

The milestones involve upgrading the Patriot’ radar main array with Gallium Nitride- (GaN) based Active Electronically Scanned Array (AESA) technology. Completion of those milestones keep Raytheon engineers, who are presently building a GaN-based AESA full size main panel radar array, on track to having the system up and running in early 2016.

Raytheon Company develops integrated products, services, and solutions in the areas of sensing; effects; command, control, communications, and intelligence; mission support; and cyber and information security worldwide. It operates in four segments: Integrated Defense Systems (IDS); Intelligence, Information, and Services (IIS); Missile Systems (MS); and Space and Airborne Systems (SAS).

Finally, Automatic Data Processing (NASDAQ:ADP), ended its last trade with 0.53% gain, and close at $ 84.62.

Automatic Data Processing, declared that Air Products, a leading industrial gases company with 20,000 employees in 50 countries, is expanding its relationship with ADP to better serve the overall needs of its workforce, counting enhancing the timeliness, accuracy and compliance of payroll operations across Air Products’ network of globally shared services centers.

From its Global Business Centers (GBS) in the United States, Barcelona, Shanghai and Kuala Lumpur, Air Products administers a range of services worldwide, counting human resources (HR) administration, credit and collections, logistics, customer service, and accounting.

Automatic Data Processing, Inc., together with its auxiliaries, provides technology-based outsourcing solutions to employers worldwide. The company operates through Employer Services and Professional Employer Organization (PEO) Services segments.

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