Team Infidel
Forum Spin Doctor
Washington Post
June 15, 2008
Pg. F2
Aerospace and defense companies have gotten roughed up in the stock market over the past year. Of the 139 public companies in that sector, 62 percent have declined since last June. The presidential campaign casts some uncertainty over things, and takeover fever has cooled, with just $1.6 billion in deals so far this year, compared with $12 billion in all of 2007. Smith & Wesson is down 66.3 percent in the 12 months; Boeing is off 24.5 percent; Northrop Grumman has slipped 5.44 percent, and Honeywell is down 4.53 percent.
June 15, 2008
Pg. F2
Aerospace and defense companies have gotten roughed up in the stock market over the past year. Of the 139 public companies in that sector, 62 percent have declined since last June. The presidential campaign casts some uncertainty over things, and takeover fever has cooled, with just $1.6 billion in deals so far this year, compared with $12 billion in all of 2007. Smith & Wesson is down 66.3 percent in the 12 months; Boeing is off 24.5 percent; Northrop Grumman has slipped 5.44 percent, and Honeywell is down 4.53 percent.