On Friday, General Dynamics Corporation (NYSE:GD)’s shares declined -0.12% to $142.08.
Northrop Grumman Corporation (NOC) through its Aerospace Systems sector has formed an industry team with General Dynamics (GD) and its partner, Gulfstream, and L-3 (LLL) to pursue the U.S. Air Force’s Joint STARS recap program.
This complementary team leverages Northrop Grumman’s role as the prime industry contractor for the Joint STARS E-8C wide area ground surveillance, and battle administration command and control mission for the U.S. Air Force for more than 30 years, Gulfstream’s award-winning business aircraft, and L-3’s expertise in aircraft modification and world-class communications solutions.
The Gulfstream aircraft will provide the Air Force with key mission system requirements – speed, range, altitude, endurance and reliability – well positioning the team to deliver a highly capable, cost-effective and innovative battle administration command and control/intelligence, surveillance and reconnaissance solution to the Air Force, integrated on an efficient, business jet platform.
General Dynamics Corporation operates as aerospace and defense company worldwide. It operates through four business groups: Aerospace; Combat Systems; Information Systems and Technology; and Marine Systems. The Aerospace group designs, manufactures, and outfits business-jet aircrafts; provides aircraft services, such as maintenance, repair work, fixed-based operations, and aircraft administration services; and performs aircraft completions for aircraft.
Discovery Communications Inc. (NASDAQ:DISCK)’s shares dropped -1.27% to $30.38.
Velocity, a division of Discovery Communications Inc. (DISCK). Velocity declared the creation of Drive Smart, a national advocacy campaign encouraging and raising awareness for safe driving practices. Joining forces with Mothers Against Drunk Driving® (MADD) and TeenDrive365: In School, Drive Smart is intended to assist save lives by stopping drunk, drugged and distracted driving through a mix of partner initiatives, on-air messages, online content, social media outreach and consumer facing events.
Through VelocityDriveSmart.com the network is urging viewers to take the Drive Smart pledge: to never drive under the influence of alcohol or drugs; to drive free of distractions from phones, friends, food and more; and to protect themselves and loved ones. For every pledge received Velocity is committing a donation to MADD, whose mission is to end drunk driving, to assist fight drugged driving, to support the victims of those violent crimes and to prevent underage drinking. Velocity is also the national media sponsor for Walk Like MADD®, the organization’s signature fundraising event used to raise awareness and funds to assist eliminate drunk driving. Last year Walk Like MADD events raised nearly three million dollars to support MADD’s community programs and victim services at no charge to victims and survivors of drunk and drugged driving crashes.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Networks; International Networks; and Education and Other segments. It owns and operates television networks under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids.
At the end of Friday’s trade, Garmin Ltd. (NASDAQ:GRMN)‘s shares dipped -1.60% to $44.79.
Garmin International Inc., a unit of Garmin Ltd. (GRMN), the global leader in satellite navigation, recently declared that it has been approved as a certified supplier of marine electronics for Independent Boat Builders Incorporated (IBBI), a purchasing cooperative of 20 highly-respected member/owners that manufacture more than 40 boat brands.
Garmin is one of only two marine electronics providers that is certified by IBBI to work with its members, which comprise boat brands designed for the fishing, cruising, and skiing markets.
Garmin’s portfolio comprises some of the industry’s most sophisticated chartplotters and touchscreen multifunction displays, sonar technology, high-definition radar, autopilots, high-resolution mapping, sailing instrumentation and other products and services that are known for innovation, reliability, and ease-of-use.
Garmin Ltd., together with its auxiliaries, designs, develops, manufactures, and markets hand-held, wrist-based, and portable and fixed-mount global positioning system (GPS) enabled products; and other navigation, communication, and information products worldwide. It operates in five segments: Automotive/Mobile, Aviation, Marine, Outdoor, and Fitness. The Automotive/Mobile segment offers personal automotive navigation devices; and infotainment solutions, in addition to mobile applications under the Viago, StreetPilot, and NAVIGON brands.
Guess?, Inc. (NYSE:GES), ended its Friday’s trading session with -1.14% loss, and closed at $19.94.
Lululemon presently carries a Zacks Rank #3 (Hold). Better-ranked stocks in the same industry comprise G-III Apparel Group, Ltd. GIII and Guess?, Inc. (GES).
Lululemon Athletica Inc. LULU stated solid first-quarter fiscal 2015 results despite the challenges posed by currency headwinds, unfavorable weather and port delays. The company’s top and bottom line results exceeded its own expectations, thereby encouraging administration to raise its fiscal 2015 outlook.
Quarterly earnings of 34 cents per share were in line with the Zacks Consensus Estimate in addition to the year-ago figure. However, earnings came ahead of the company’s forecast of a range of 31–33 cents per share.
Backed by improved total comparable sales (comps) and addition of new stores, Lululemon’s quarterly revenues advanced 10.1% to $423.5 million, surpassing the Zacks Consensus Estimate of $417.8 million in addition to the company’s projection of a range of $413–$418 million.
Total comps grew 6% on a constant dollar basis, driven by a 31% surge in Direct-to-Consumer sales, partly offset by a 1% dip in quarterly comps.
Guess?, Inc. designs, markets, distributes, and licenses lifestyle collections of contemporary apparel and accessories for men, women, and children that reflect the American lifestyle and European fashion sensibilities. It operates through North American Retail, Europe, Asia, North American Wholesale, and c segments.
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