logo
Incoming Moelis CEO on M&A, Private Capital and Hiring

Incoming Moelis CEO on M&A, Private Capital and Hiring

Yahoo3 hours ago

Incoming Moelis & Co. CEO Navid Mahmoodzadegan discusses his new role as CEO, the outlook for M&A activity and the sate of private capital with Sonali Basak on Bloomberg Television.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Citi Expects LMT to Deliver Improved Profits This Year
Citi Expects LMT to Deliver Improved Profits This Year

Yahoo

time32 minutes ago

  • Yahoo

Citi Expects LMT to Deliver Improved Profits This Year

Lockheed Martin Corporation (NYSE:LMT) is one of Best Dividend Stocks to Buy for Dependable Growth. Citi expects Lockheed Martin Corporation (NYSE:LMT) to lead the S&P index in return on equity (ROE) next year. The defense contractor currently has an ROE of 9.6%, but that figure is projected to surge to 93.9% by the end of 2026, according to the firm's estimates. Two fighter jets in flight, highlighting the technology and experience of the companies combat aircraft. Last month, Lockheed Martin Corporation (NYSE:LMT) maintained its full-year guidance, supported by strong demand for its missile systems and fighter jets. Speaking to CNBC recently, COO Frank St. John noted that defense spending continues to rise in both Europe and the US. He made the following comment: 'We are probably in the beginning of a three-to-five year surge in defense spending.' In addition to its profitability, Lockheed Martin Corporation (NYSE:LMT) is also grabbing investors' attention because of its dividends. The company is committed to creating shareholder value by consistently increasing its dividend and reducing its outstanding share count. It has raised its payouts for 22 consecutive years, and its 5-year average annual dividend growth rate stands at nearly 7%. Lockheed Martin Corporation (NYSE:LMT) currently offers a quarterly dividend of $3.30 per share and has a dividend yield of 2.75%, as of June 17. Lockheed Martin Corporation (NYSE:LMT) is a leading global company in security and aerospace, focused on developing, producing, and integrating cutting-edge technology systems, especially for defense and space sectors. While we acknowledge the potential of LMT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Sign in to access your portfolio

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store