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Companies developing robotic technology could benefit from increased demand in the industrial, defense and services sectors.
Honeywell's (HON) suite of solutions uses IoT connectivity, interoperable systems and data sharing, as well as adaptive workflows to convert inputs and information into actionable insights.
The Trump administration floated the sale of fighter jets to Taiwan. In an $8 billion deal, Lockheed Martin plans to sell 66 F-16 fighters to Taiwan.
Nordson's (NDSN) fiscal Q3 revenues decline year over year on account of fall in revenues from Advanced Technology Systems and Industrial Coating Systems segments.
Cree's (CREE) robust product portfolio remains a key catalyst. Also, its cost cutting measures and recovery in utilization rates acts as a tailwind.
European stocks rallied on Wednesday as hopes for more monetary and fiscal stimulus helped assuage worries about global recession, political turmoil in Italy and endless trade wars. Traders are waiting for the Federal Reserve's annual Jackson Hole symposium later this week and a Group of Seven summit this weekend for clues on what steps policymakers will take to boost economic growth. "People are looking ahead to Jackson Hole later this week and the message that [Fed Chairman] Jerome Powell may or may not give us on the direction of monetary policy.
Nordson (NDSN) delivered earnings and revenue surprises of -10.00% and -4.82%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?