Edac Technologies Corp.
Late yesterday afternoon, airplane manufacturer and designer Boeing (NYSE: BA) received approval for the company’s plan to test and certify batteries for its 787 Dreamliner jet. Boeing’s lithium ion battery issues plagued several of its new jets, including many in Japan, which caused substantial weakness in shares even though orders remained strong, and several industry insiders indicated the problem wasn’t anything out of the ordinary. On January more »
L Tuesday, aerospace supplier Astronics (NASDAQ: ATRO) reported higher revenues and earnings for the second quarter. Sales grew 17% year-over-year to $65 million, a few million shy of consensus expectations. Earnings increased 11% to $0.39, which was also less than the Street predicted. Gross margins grew 30 basis points to 26.2%; however, operating margins fell 110 basis points as a result of higher SG&A (up 30%). The more »
Valuentum's stock picking methodology, the Valuentum Buying Index (VBI), looks at many factors before arriving at a rating, including a firm's relative valuation measures and the discounted cash flow model to name a few. This focus on different approaches left us very intrigued by a recent Harvard Business Review article. In the October 2011 issue, there was an interview with Michael J. Mauboussin (Chief Investment Strategist at Legg more »