Latest news with #Malave
Yahoo
22-05-2025
- Entertainment
- Yahoo
DCHS says goodbye to Class of 2025
The senior class of Daviess County High School was ready to receive its diplomas Wednesday night, leaving high school behind while taking the memories and friends they made into the future. The graduating class is 360 students. Some graduated early, so about 340 students were ready to walk the line in their red caps and gowns Wednesday at Reid Stadium. Graduate Ariadne Malave, who is heading to the University of Kentucky in the fall to study business and Spanish, said her time as a DCHS Panther was special. 'It has been great,' Malave said. 'I love all of my friends, the experience has been amazing, and educationally of course, successful.' When asked about her favorite memory from DCHS, Malave said during Wednesday's commencement practice in the school stadium, 'I'd say this moment right now. It's very nice to see all the group of friends, and everyone excited to graduate. 'I've done several theater musicals throughout high school, and just rehearsing for them is a great journey to go through as a theater kid.' Malave credited the school's choir director Jacob Hein as being a strong source of support. 'He's the one who basically introduced me to musical theater at Daviess County,' she said. 'He has supported me in extracurriculars in school, for applications for scholarships, recommendation letters. In both sides of the scope, he has always been there.' Malave said of graduation, 'I think everyone is not trying to get it over with, because the nostalgia is hitting right now more than ever. The last few days I've been feeling the so-called 'senioritis' more than during my entire senior year, but now that we're here, it's like, 'OK, we did it.' Now, I can relax and soak it all in, as much as I can.' Madalyn Brown, the class' honor graduate, was involved in a variety of activities at DCHS, including tennis, Race Red, the student academic team and being president of the National Honor Society. When asked about her favorite memory of high school, Brown said the school's sense of family was an important part of life at DCHS. 'I think honestly, the sense of community here has been a big memory for me — just meeting so many friends and being able to say 'good morning' and 'hi' to so many people, and making those connections.' Brown, who is heading to Murray State University to study English, said of graduation day: 'It is really sad. I feel like I'm a pretty sensitive and emotional person, so this has been really big for me. But, it's also really sweet, and I'm really excited.' Principal Jeff Wethington, who is finishing his first year at principal at DCHS, said graduation day was an emotional day for him. 'It's going to be emotional when I give a speech, just talking about how proud I am of all the students,' Wethington said. 'Watching them throughout the year, being a cheerleader, being a fan, getting to seem them perform or compete in what they are passionate about, and then being able to send them off like this, it's really nice. It's definitely a privilege.' Wethington said, 'It's bittersweet, because you're happy for them, because they are so excited. But we can't hold them back from what they need to be doing next.' The graduating class had a lot to celebrate in terms of achievement. Wethington said, 'I think we've got close to $6.2 million in scholarships from this group. There are some super high achievers. But there are so many great kids.' 'A lot of these kids I knew from middle school,' Wethington said. 'I'm just so proud of them. I'm proud of them and I'm proud for them.'
Yahoo
17-04-2025
- Business
- Yahoo
Lockheed Martin Just Gave Investors Something New to Worry About
Wall Street hates surprises, especially unexpected changes in the C-suite just days before earnings are released. On Thursday, Lockheed Martin (NYSE: LMT) delivered just that surprise and the stock reacted accordingly. Shares of Lockheed plunged 6% at the open before recovering as the day went on, down 2% as of 1:30 p.m. ET. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Before markets opened, Lockheed said that CFO Jay Malave had advised the company he is "pursing other opportunities," and announced Evan Scott as Malave's replacement. Scott has been with Lockheed for 26 years, including serving as the company's treasurer and CFO of two of its business units. This has been a turbulent position for Lockheed Martin. Malave was recruited to the company in February 2022 from rival L3 Harris to replace Ken Possenriede, who had retired the summer before due to personal reasons. Lockheed said Malave's departure was not related to any accounting or financial issues or disagreements. The company also reaffirmed its previously issued guidance for 2025 results. Lockheed Martin is scheduled to announce first-quarter results next week. It has been a rough year for Lockheed Martin. The F-35, Lockheed's signature program, continues to fight through teething issues. The company was bested by Boeing in its effort to secure the Air Force's sixth-generation fighter program, a program that would have provided billions in funding and years of future business. Lockheed is also reportedly falling behind a group of private companies led by Elon Musk's SpaceX in the battle to upgrade the nation's missile defense. Defense companies tend to ebb and flow, and Lockheed Martin is definitely flying through a lull right now. But the company has a massive portfolio of future business addressing a range of different Pentagon concerns. Investors also can count on a dividend currently yielding nearly 3% as they wait for the next catalyst. For those with patience, it looks like a good time to add Lockheed Martin to the watch list. Before you buy stock in Lockheed Martin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lockheed Martin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor's total average return is 791% — a market-crushing outperformance compared to 152% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Lou Whiteman has positions in L3Harris Technologies and Lockheed Martin. The Motley Fool has positions in and recommends L3Harris Technologies. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy. Lockheed Martin Just Gave Investors Something New to Worry About was originally published by The Motley Fool
Yahoo
17-04-2025
- Business
- Yahoo
Here's Why Lockheed Martin Stock Flew Lower Today
Shares in defense contractor Lockheed Martin (NYSE: LMT) declined by as much as 6% in early morning trading Thursday on the news that chief financial officer (CFO) Jay Malave was departing the company to pursue other opportunities. Malave has held the title of CFO at two businesses that were part of the former United Technologies (UTC Carrier and UTC Aerospace Systems), the defense company L3Harris Technologies, and, since 2022, Lockheed Martin. So it's hard to think of a more significant opportunity than Lockheed Martin, with a market cap around $110 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Moreover, the timing of the departure, just a few days before the defense contractor releases its first-quarter earnings report on April 22, raises questions. On a positive note, the company has appointed a 26-year company veteran, Evan Scott, as CFO effective immediately. Management also moved to dispel fears over any consequence for earnings by saying that it "will reaffirm the company's previously issued 2025 guidance." However, the company says, this guidance doesn't include the "evolving impacts of tariffs" as well as the recent announcement of the Next Generation Air Dominance project, which aims to replace the company's F-22 with a fighter jet that will allow the U.S. Air Force to maintain combat superiority. It's only natural that investors will speculate over the reasons for the abrupt departure of a CFO who had been in his position for only three years (as yet, Malave remains on the board of GE Vernova), and that speculation has taken the stock down today. Still, with earnings about to be released on Tuesday, investors and analysts will have plenty of time to question CEO James Taiclet and others about the trajectory of Lockheed's business. The reasons for the departure may have nothing at all to do with operational or administrative matters at the company. Before you buy stock in Lockheed Martin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Lockheed Martin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $518,599!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $640,429!* Now, it's worth noting Stock Advisor's total average return is 794% — a market-crushing outperformance compared to 153% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 14, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends L3Harris Technologies. The Motley Fool recommends Lockheed Martin. The Motley Fool has a disclosure policy. Here's Why Lockheed Martin Stock Flew Lower Today was originally published by The Motley Fool Sign in to access your portfolio
