Sales off for the quarter and six months, on track for full year to achieve 2% - 5% sales increase

UNIONDALE, N.J., Sept. 3 (UPI) -- Sikorsky has contracted Breeze-Eastern Corp. for winch technologies in support of a CH-53K heavy-lift helicopter deal with for the U.S. Marine Corps.

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=3475423 for the full story.

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Local stock markets ended the week with Chinese investors once again ignoring the world markets.  Rising markets abroad were met with sharp declines (albeit not without some large partial reversals in the early morning and early afternoon) in China.  The SSE Composite dropped 2.0% to close near its low at 1722, more than 4% below the 1800 mark.   <span lang=EN-US[More...]

Just wanted to breeze through some charts really quick, since it's been a while. Time for some good old technical analysis. Ok, right to it. BJ's Restaurants. Simply put, this place is a clusterf*ck. They're facing rising input costs and slower dining traffic. As I've written about here and here, the consumer environment just isn't that hot right now. In fact, its accelerating to the downside. So, this place will only get squeezed harder. Their solution? Raise prices faster. Oh, great, that will really get struggling consumers in the door. BJRI is hurting so much for any type of positive news that it was up 9% yesterday on an analyst upgrade. Yes, one[More...]

"Here I sit all broken hearted....."Oh I cannot tell a lie - NOT.The sell-off yesterday was predicated by not only the Barrons' article I cited in the weekend Ticker, but also by a Reuters follow-up and, when queried, Treasury confirmed that it had no intention of immediately bailing out Fannie and Freddie.Now of course that wasn't Paulson who said that, and we know the game by now, right?That is, you let the market get frothed up good on the short side, all the Bears come out and sell the beJeezus out of anything Financial, and then, out of the blue, after you call certain "friends" to tell them in advance you suddenly "JamJob" the market with some[More...]