The Latest Breaking News from HAL

Halliburton is set up to move higher with its stock deeply undervalued and cash flow sufficient to sustain a robust outlook.

Despite Halliburton’s underperformance relative to the broader Dow, Wall Street analysts remain moderately optimistic about its prospects.

Chairman of Hindustan Aeronautics Limited, DK Sunil on Monday said that the flagship jet training aircraft of HAL, which has been renamed 'Yashas' after extensive modifications to HJT-36, is very capable aircraft and will be a good replacement for the Kiran MK II. A must read on Dynamite News:

The 15th edition of the biennial event promises to be a spectacular showcase of the latest advancements in aerospace technology. Preparations are in full swing. Read further on Dynamite News:

Although Halliburton has massively lagged behind the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's prospects.

The S&P 500 Index ($SPX ) (SPY ) Tuesday closed up +0.88%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +1.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.58%. March E-mini S&P futures (ESH25 ) are up +0.92%, and March E-mini Nasdaq futures...

As Halliburton prepares to report its fourth-quarter earnings this month, analysts anticipate a double-digit profit decline.

Halliburton has lagged behind the broader Nasdaq index over the past three months, but analysts remain optimistic about the stock's growth potential.

As Navy Day 2024 approaches on December 4, the Indian Navy is set to conduct an 'Operational Demonstration' off the coast of Puri in Odisha as part of the Navy Day celebrations, according to a press release. Read further on Dynamite News:

Although Halliburton has substantially underperformed the broader market over the past year, Wall Street analysts remain highly optimistic about the stock’s potential.

Halliburton is scheduled to report its third-quarter results next month, and analysts expect a single-digit earnings dip.