Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.
The Wall Street firm raised its ConocoPhillips (COP) target to $155 from $136 and kept an Overweight rating after pointing to shrinking OPEC spare capacity and weaker near-term U.S. production responsiveness to Middle East conflict.
THE APEX TIMES
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The logistics company says its expanded North American Air Freight network will begin offering 1-, 2- and 3-day shipping choices to and from Mexico starting in August.
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A June 1, 2026 Zacks note highlighted Huntington Ingalls Industries’ valuation and earnings-estimate momentum, assigning it a Value Style Score of B and a VGM Score of A while keeping the stock at a Zacks Rank of #3 (Hold).
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United Parcel Service’s stock has not kept pace with the Nasdaq Composite over the past year, even after the company reaffirmed 2026 financial targets following first-quarter results.
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The Missile Solutions business says the Advanced Manufacturing Facility-South expansion adds space to scale inert components supporting more than half of the company’s solid rocket motor programs in Huntsville.
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The company posted higher revenue, earnings per share, and operating cash flow for the quarter ended April 5, while reporting a book-to-bill near 2-to-1 and a $188.4 billion total estimated contract value in its backlog.
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The company says it and the U.S. Army have agreed on a path forward for a delayed 155mm production effort, including additional investment and an end to a Turkish contractor arrangement tied to the facility.
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The Northrop Grumman-Apex effort aims to show on-orbit space-based interceptors as part of the U.S. Space Force’s Golden Dome missile defense push, with companies citing ground testing completed earlier this year and a target date of 2027.
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On CNBC’s Mad Money “lightning round” on June 1, Jim Cramer told a caller he wants investors to buy GE Aerospace, linking the pitch to falling gasoline and jet fuel prices and praising GE Aerospace CEO Larry Culp.
