Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Why is Trump threatening defense firms? [Yahoo! Finance]

General Dynamics Corporation (GD) 
Last general dynamics corporation earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: investorrelations.gd.com
Company Research Source: Yahoo! Finance
President Donald Trump giveth to defense contractors and he also taketh away. Trump says he wants a major boost in defense spending, which contractors undoubtedly welcome. But he has also ordered a crackdown on executive pay and stock buybacks at the companies that make armaments for the United States. Trump's financial threat against defense firms came just “hours before saying he's decided to substantially increase the defense budget” to $1.5 trillion, said CNN . The United States makes the “best military equipment in the world,” the president said in a Truth Social post. But the taxpayer cash that ends up going to defense company stock buybacks comes at the “expense and detriment of investing in plants and equipment.” No executive at those firms should make more than $5 million a year, he said. Those comments “reverberated” through companies like Boeing, Raytheon, General Dynamics, Lockheed Martin and Northrop Grumman, said CNN. Trump's order is an “extraordinary, unprecedente Show less Read more
Impact Snapshot
Event Time:
GD
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
GD alerts

from News Quantified
Opt-in for
GD alerts

from News Quantified