In the Margins

Defense industry ETFs fall on Trump Lockheed tweet

December 13, 2016

By MarketWatch

Exchange-traded funds tracking the defense industry suffered their biggest one-day decline in months on Monday after a tweet from President-elect Donald Trump prompted turbulence in Lockheed Martin Corp. The company's stock tumbled 4.5% after Trump tweeted that costs for the Lockheed-made F-35 stealth fighter were “out of control." Read the original story from MarketWatch.

 

 

Most Read

A Seat at the Table
We've had A Seat at the Table — for 10 years

The very first independent chair we profiled for FBV was Leigh Wilson at Victory Funds, for our A Seat at the Table section. Victory Capital Management had recently redefined itself ...

Top of the Agenda - Governance
Fewer women, minorities among new fund directors

After years of making gains in filling fund board seats, women and individuals representing minority groups lost significant ground in the most recent two-year period measured ...