Industrial and tech stocks fall on potential tax cut delay [FOX Business Network]
Transdigm Group Incorporated (TDG)
Last transdigm group incorporated earnings: 2/4 07:15 am
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Source: FOX Business Network
NEW YORK – U.S. stocks skidded Thursday after Senate Republicans surprised Wall Street by proposing a delay in cutting corporate taxes. Industrial and technology companies fell the most, but stocks regained some of their losses before the closing bell. Continue Reading Below Senate Republicans introduced a tax bill a week after their House counterparts did the same. While both bills would ultimately reduce the corporate tax rate to 20 percent from 35 percent, the Senate legislation doesn't do that until 2019. However the worst results Thursday came not from the smaller, U.S.-focused companies that might benefit the most from a domestic tax cut, but from larger multi-national companies like industrial and technology firms and basic materials makers. Industrial companies had their worst day in almost three months. Weak reports from aircraft parts maker TransDigm and medical waste processor Stericycle were partly to blame, while a weak forecast from Johnson C
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TDG
News
- TransDigm Group Incorporated (NYSE: TDG) had its price target raised by analysts at KeyCorp from $1,220.00 to $1,325.00. They now have an "overweight" rating on the stock.MarketBeat
- Global Decoy Flares Market Size To Worth USD 6.3 Billion By 2033 | CAGR Of 11.09% [Yahoo! Finance]Yahoo! Finance
- TransDigm Group Incorporated (NYSE: TDG) had its price target raised by analysts at The Goldman Sachs Group, Inc. from $1,285.00 to $1,518.00. They now have a "buy" rating on the stock.MarketBeat
- Why TransDigm (TDG) is Poised to Beat Earnings Estimates Again [Yahoo! Finance]Yahoo! Finance
- How to Boost Your Portfolio with Top Aerospace Stocks Set to Beat Earnings [Yahoo! Finance]Yahoo! Finance
TDG
Earnings
- 2/8/24 - Beat
TDG
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 3/26/24 - Form 4
- TDG's page on the SEC website