Here are several more stock briefings which could affect stocks in trading later today.
The following companies should see some movement: Dick’s Sporting Goods Inc. (NYSE:DKS), General Dynamics (NYSE:GD), Morgan Stanley (NYSE:MS).
Here is a more detailed look at the news that will affect each company when trading continues.
Dick’s Sporting Goods Inc. (NYSE:DKS)
Dick’s Sporting Goods Inc. (NYSE:DKS) has planned to open new stores in Oregon.
By opening these eleven stores, the company is in the core of a national development. The company is also intends to open 18 stores in Washington State, six stores in Idaho, five in Montana, and 94 in California.
Last year Dick’s had about 440 stores and revenues of $4.5 billion. It hopes to double that over the next few years.
Dick’s Sporting Goods Inc. (NYSE:DKS) started business as a bait and tackle shop in Binghamton, New York, 60-years-ago.
General Dynamics (NYSE:GD)
On General Dynamics (NYSE:GD) corporation has earned a neutral recommendation yet again.
General Dynamics(NYSE:GD), headquartered in Falls Church, Virginia is a market leader in business aviation. General Dynamics’ revenue exposure is spread over a broad portfolio of products and services in business aviation. Diversification of its revenue base, through exposure to a number of uncorrelated markets will keep the overall growth momentum going.
General Dynamics has one of the strongest balance sheets of all its peers with a low long-term debt-to-capitalization of 19.1% at the end of the third quarter 2010.
Currently a large percentage of General Dynamics’ business is generated from within U.S. budgets.
Morgan Stanley (NYSE:MS)
Chicago’s agreement for a Morgan Stanley (NYSE:MS) parking meter management scheme has been estimated to cost drivers around $11.6 billion.
Indianapolis, whose city council plans to vote tonight on a proposal with Xerox Co.’s Bloomberg News reported in August that Chicago’s agreement may the Morgan Stanley group 10 times the $1.15 billion lump sum. Former Chicago Inspector General David Hoffman said in a interview that “It’s a mistake to rush into a deal for such a long period of time without a full public accounting of the pros and cons.”
We could possibly see more movement when trading continues for Dick’s Sporting Goods Inc. (NYSE:DKS), General Dynamics (NYSE:GD) and Morgan Stanley (NYSE:MS).
