AllPennyStocks.com Media, Inc.

All Penny Stocks.com News: Magellan Aerospace Shares Nip Higher on Strong Earnings and Revenue in 2012

 

Mississauga, ON -- (SBWIRE) -- 03/28/2013 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled “Magellan Aerospace Shares Nip Higher on Strong Earnings and Revenue in 2012.”

Companies mentioned in this article include Magellan Aerospace Corp. (TSX:MAL), Boeing Co. (NYSE:BA) and Lockheed Martin Corp. (NYSE:LMT).

Article Excerpt:

The U.S. Commerce Department said on Tuesday that new orders for durable goods, or items from kitchen appliances to trains that are meant to last more than three years, advanced 5.7 percent in February after declining in January. The gains in the last month were largely fueled by resurgence in aircraft orders. Defense orders for core capital goods, or items that are used in the production of other goods, swelled $3.3 billion, or 68.0 percent, to $8.1 billion.

The increase in orders of defense capital goods and aircrafts bodes particularly well for companies like Magellan Aerospace Corp. (TSX:MAL), a manufacturer of parts and assemblies for civil and defense aircrafts and helicopters, primarily in Canada, the U.S. and United Kingdom. In 2012, about 70 percent of Magellan’s revenue wes generated through sales in the commercial aircraft market.

Magellan supplies components to major manufacturers such as Boeing Co. (NYSE:BA), Lockheed Martin Corp. (NYSE:LMT) and Airbus.

The full version of this article can be found at:

http://www.allpennystocks.com/aps_ca/special-reports/338/magellan-aerospace-shares-nip-higher-on-strong-earnings-and-revenue-in-2012.htm

About AllPennyStocks.com
AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and US site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs daily technical penny stocks to watch, has a daily market write-up, provides company spotlights, runs unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, NASDAQ and OTC BB, and much more information for the average investor.

AllPennyStocks.com also runs an email newsletter that aims to uncover stocks that are still under the radar of most investors. Criteria AllPennyStocks.com looks for includes strong revenues, a seasoned management, innovative business plans, among many others. AllPennyStocks.com also looks for companies that announce breaking news, recent 52-week highs/lows, technical breakouts, and other favorable corporate information.

Investors are encouraged to subscribe to the AllPennyStocks.com FREE e-mail newsletter and see what tens of thousands of other investors have already been receiving since 1999. Investors can receive their free newsletter subscription by clicking here: http://www.allpennystocks.com/aps_common/newsletter_free.asp.

Contact:
AllPennyStocks.com Media, Inc.
Peter Szafranski -- President
Phone: (905) 361-5680
E-Mail: peter@allpennystocks.com
Websites: http://www.allpennystocks.com / http://www.bullishinvestor.com

Note: AllPennyStocks.com has not received compensation for carrying the above-mentioned company; a full disclaimer can be viewed here: http://www.allpennystocks.com/aps_common/disclaimer.asp.