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Why Lockheed Martin Stock Plunged Midday Today

Lockheed Martin shares fell midday as its CFO was presenting at an industry conference. Lockheed Martin could be a good choice for patient investors who are interested in income. Shares of Lockheed Martin (NYSE: LMT) hovered around breakeven for most of the trading day on Wednesday before suddenly falling more than 3% around 1:30 p.m. ET.

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

(Bloomberg) -- Japan’s biggest carmakers are looking at a hit of more than $19 billion from US President Donald Trump’s tariffs that have left the global auto industry reeling.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’Power-Hungry Data Centers Are Warming Homes in the NordicsHow a Highway Became San Francisco’s Newest ParkA New Central Park Amenity, Tailored to Its East Harlem NeighborsMaryland’s Credit Rating Gets Downgraded as Governor Blames Trump