Last but not least, we have another key player in the aerospace industry, Howmet Aerospace (NYSE:HWM), which specializes in the production and supply of titanium products for various aerospace components. During the third quarter, the company posted excellent results with wonderful growth. It had a 16% year-over-year increase in revenue to $1.66 billion. HWM’s net income soared to $188 million, compared to $80 million in the same quarter of 2022. Now, that was a lot of growth. Howmet’s solid position was more than demonstrated with an operating income margin of 18.5%. But it wasn’t all good for the company, as it faced a lawsuit from Lockheed Martin (NYSE:LMT) regarding the F-35 Joint Strike Fighter Program. But Howmet didn’t sit idly by, as the company highlighted its long-standing role as a proud Lockheed Martin supplier, providing essential titanium products for decades. Moreover, despite the disruption in the global supply of titanium sponge due to major geopolitical events, which led to higher prices, Howmet managed to maintain a healthy cash balance of $425 million at the end of the quarter. In addition, the board of directors declared a dividend of 93.75 cents per share on the $3.75 outstanding cumulative preferred stock, demonstrating a clear commitment to shareholder return.
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GBA UPGRADE->CHEF The Chefs' Warehouse, Inc. $33.05 0.07 (+0.21%)4:00 PM 02/02/24 NASDAQ | $USD | Post-Market: $33.05 4:20 PM
MANY YEARS AGO THE BARONS ROUNDTABLE WAS A SERIOUS DEAL. I mean you bought that issue and devoured it and often it ran into a second issue. The crew they had back then was pretty legendary. Scott Black? Maybe Peter lynch? Some great lady... But it mattered. Now it doesn't. Still I was flicking through the channels and there on FOX TV was some form of this roundtable. The female representation suggested CHEF. Chefs' Warehouse stock could deliver 25% returns for investors, Barron's says » 07:53 CHEF
in trying to figure out why KOPIN has had two recent gap ups of large amounts 9% and 30% I found some insider buying at KOPIN in the $1 level not that much help to us. But one article mentioned KOPN strength and this next company that I searched insider on a whim and hit-->
1 for 25 reverse split a CEO transition and a COO leaving. It can't look much worse. So of course this will rip>