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(Reuters) -U.S. aerospace manufacturer Raytheon Technologies Corp on Tuesday lifted the lower end of its full-year sales forecast on strong performance of its defense unit and a recovery in commercial air travel.
FILE PHOTO: The Raytheon stand is seen at the 53rd International Paris Air Show at Le Bourget Airport near Paris, France June 21, 2019. REUTERS/Pascal Rossignol
Neil Mitchill, Raytheon’s newly appointed chief financial officer, said in an interview that “increasing confidence and a commercial aero recovery that we began to see take hold at the end of the first quarter” led to the company’s view for 2021.
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Using research from GlobalData’s Influencer platform, Aerospace Technology has named ten of the most influential people and companies in commercial aerospace on Twitter during Q4 2020.
Biggest influencers in commercial aerospace: The top ten in Q4 2020
1.
Isaac Alexander (@jetcitystar)
Isaac Alexander is the editor-in-chief of the Jet City Star blog, where he covers news and information on aerospace, defence, and aviation from Seattle and the Puget Sound region. He previously worked as an aviation machinist’s mate or an aircraft engine mechanic for the US Navy between 2004 and 2010.
Dow, S&P 500 end flat while tech slump burdened Nasdaq
Investors were perhaps a little uncertain on Tuesday as US earnings season continues to pick up steam
12:10pm: Tesla shares slow despite record net income
In the US, the Dow has recovered from its early weakness, landing at just 15 points below the flatline at 33,966 just after noon. The Nasdaq was down 29 points, 0.2%, at 14,110, while the S&P 500 was flat at 4,188. Yesterday’s Tesla earnings brought a more tech-led focus, but that will only ramp-up further when we see earnings data from the likes of Alphabet and Microsoft, Mahony wrote. The wide divergence in market performance between tech and pro-cyclical stocks has led to a similar disparity in market expectations, where tech names face a relatively high marker compared with their hard-hit peers. With that in mind, the fact that we are seeing outperformance for US banks and restaurants over tech does highlight the questions over quite whether these momentum stoc
Wall Street trending in the right direction after rough open
Investors are perhaps a little uncertain on Tuesday as US earnings season continues to pick up steam
12:10pm: Tesla shares slow despite record net income
In the US, the Dow has recovered from its early weakness, landing at just 15 points below the flatline at 33,966 just after noon. The Nasdaq was down 29 points, 0.2%, at 14,110, while the S&P 500 was flat at 4,188. Yesterday’s Tesla earnings brought a more tech-led focus, but that will only ramp-up further when we see earnings data from the likes of Alphabet and Microsoft, Mahony wrote. The wide divergence in market performance between tech and pro-cyclical stocks has led to a similar disparity in market expectations, where tech names face a relatively high marker compared with their hard-hit peers. With that in mind, the fact that we are seeing outperformance for US banks and restaurants over tech does highlight the questions over quite whether these momentum
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