Orlando, FL -- (SBWIRE) -- 10/08/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Raytheon Company (NYSE:RTN), Simon Property Group, Inc (NYSE:SPG).
Raytheon Company (NYSE:RTN) shares jumped 1.31% and closed at $75.22 in the last trading session. The company on Oct. 7 completed a successful field test of an advanced Electronic Support Measure (ESM) seeker installed in a Block IV Tomahawk missile as part of the company's new product improvement program. The ESM seeker incorporates a state-of-the-art processor and antenna to locate and track moving and fixed emitting targets. The seeker's capability was validated in a realistic high-density environment after seven months of testing in anechoic chambers.
Additionally, the company on Oct. 3 successfully completed software Iteration 1.5 Critical Design Review (iCDR) for the Global Positioning System (GPS) Next Generation Operational Control System (OCX). The Iteration 1.5 software development provides the mission-critical Launch and Checkout System (LCS) software to support the first GPS III satellite launch and serves as the cyber-hardened baseline to which additional capabilities will be added to complete OCX Blocks 1 and 2.
Are investors worried about the recent updates with RTN? Find out with a free trend analysis HERE
Simon Property Group, Inc (NYSE:SPG) shares jumped 1.27% and closed at $151.06 in the last trading session. The company on Oct. 7 announced the addition of two executives and promotions within its Premium Outlets division. Chidi Achara has been appointed to a new role as the company's Global Creative Director, with responsibility for all branding activities, marketing creative and advertising execution. Achara has experience working with many of the world's leading brands including Levi's, Dunhill, Polo Ralph Lauren, Hugo Boss, Salvatore Ferragamo, TAG Heuer, Diesel and Cole Haan. He also founded and ran the luxury division of the global advertising agency Bartle Bogle Hegarty (BBH), and is an acclaimed fashion photographer whose clients have included British Vogue, Alexander McQueen, Pepe and Galeries Lafayette.
Is SPG going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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