BA - The Boeing Company
373.51 -0.48 (-0.13%)
Pre-Market: 4:15AM EDT
| Previous Close | 371.84 |
| Open | 372.95 |
| Bid | 0.00 x 800 |
| Ask | 374.60 x 800 |
| Day's Range | 372.10 - 375.49 |
| 52 Week Range | 292.47 - 446.01 |
| Volume | 2,321,791 |
| Avg. Volume | 5,318,950 |
| Market Cap | 210.418B |
| Beta (3Y Monthly) | 1.41 |
| PE Ratio (TTM) | 21.41 |
| EPS (TTM) | 17.47 |
| Earnings Date | Jul 23, 2019 - Jul 29, 2019 |
| Forward Dividend & Yield | 8.22 (2.21%) |
| Ex-Dividend Date | 2019-05-09 |
| 1y Target Est | 421.05 |
- Yahoo Finance•11 hours ago
'I'm outraged at Boeing:' Why pilots are suing over the 737 Max
Boeing Inc. (BA) is facing a class action from a Canadian pilot claiming the company engaged in an “unprecedented cover-up” with the U.S. Federal Aviation Administration related to the 737 Max that damaged the professional and personal lives of more than 400 Max-certified pilots.
- Investor's Business Daily•2 hours ago
SpaceX Falcon Heavy Lifts Off For 'Most Difficult Launch Ever'
A SpaceX launch early Tuesday saw the Falcon Heavy carrying Air Force payloads for the first time, on its way to eventually putting satellites in multiple orbits.
- Motley Fool•6 hours ago
Corporate Boards Are Supposed to Oversee Companies but Often Turn a Blind Eye
The consequences for board members of corporations found to violate the law and ethical norms are rare and usually minor. Here's a look at what the board is supposed to do - and sometimes doesn't.
- PR Newswire•10 hours ago
Boeing Board Approves Quarterly Dividend
CHICAGO , June 24, 2019 /PRNewswire/ -- Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg reports that the board of directors today declared a regular quarterly dividend ...
- Zacks•10 hours ago
United Technologies: To Buy or Not to Buy
United Technologies (UTX) is diversified manufacturer operating in the building and aerospace industries. UTX???s branches include the well-known Otis Elevators, Carrier HVAC, and aerospace engine builder Pratt-and-Whitney.
- American City Business Journals•11 hours ago
SpaceX to launch $90 million rocket from Kennedy Space Center
SpaceX plans to launch its Falcon Heavy rocket valued at $90 million from NASA’s Kennedy Space Center sometime during a four-hour window that opens at 11:30 p.m. tonight. If it's delayed by weather, a backup launch window opens at 11:30 p.m. on June 25. This "will be among the most challenging launches in SpaceX history with four separate upper-stage engine burns, three separate deployment orbits, a final propulsive passivation maneuver and a total mission duration of over six hours," according to the firm's website.
- Investor's Business Daily•12 hours ago
Defense Stocks To Watch: Boeing, Lockheed Supplier TransDigm Flies Into Buy Zone
TransDigm stock is among the top defense stocks to watch. The components maker supplies aircraft firms such as Boeing, Lockheed and Northrop Grumman.
- Investor's Business Daily•13 hours ago
Is Boeing Stock A Buy Right Now? This Is What You Need To Know
Boeing is in the news a lot, but investors wondering if the stock is a good buy now should also look at the aerospace giant's fundamentals and its chart.
- American City Business Journals•13 hours ago
Concern over 737 MAX cuts cost of Onex purchase of WestJet
Onex, which formerly owned Spirit AeroSystems Inc. in Wichita, cut its original offer for the Canadian airline over concerns including the grounding of the 737 MAX.
- American City Business Journals•14 hours ago
Delta to upgrade cabins on Boeing 767-400 flights to Europe and South America
The new cabins will be fitted on the 767-400 fleet and bring all four of Delta's seat products to the aircraft for the first time.
- American City Business Journals•15 hours ago
Boeing gave IAG 'substantial discount' in 737 Max megadeal
IAG committed to a mix of 737 Max 8 jets and larger 737 Max 10 that could be delivered between 2023 and 2027.
- Bloomberg•15 hours ago
Amazon Threat to FedEx Is No Longer ‘Fantastical’
(Bloomberg Opinion) -- FedEx Corp. may finally be waking up to the threat Amazon.com Inc. poses to its business model.The logistics company is offering big discounts to help fill the planes in its Express delivery network with more e-commerce shipments, according to the Wall Street Journal, which cited people familiar with the matter. The deals are being used to woo customers away from rival United Parcel Service Inc., or to convince them to switch from FedEx’s cheaper ground offerings, the newspaper said, citing people familiar with the matter. For some customers, shipping goods via FedEx’s two-day air service may now cost about the same as shipping them through the ground division.(1)A FedEx spokeswoman told the Wall Street Journal that the company hasn't changed its pricing strategy, adding that the two-day Express service “has been very successful and continues to deliver tremendous value to small and medium businesses competing in the e-commerce market.” Reports of the discounts come just weeks after FedEx said its domestic Express air-delivery unit was dropping Amazon as a customer to focus on "serving the broader e-commerce market." FedEx dropped Amazon as a customer for its Express air-delivery unit to focus on “serving the broader e-commerce market.” The charitable interpretation of that move is that FedEx had found a bit of backbone and was holding a firmer line on pricing with Amazon in an effort to bolster its profit margins. The other possibility is that FedEx recognized that Amazon’s efforts to bring more of its logistics operations in house were real, and that it may want to start the process of breaking up with Amazon before Amazon decides to break up with it. While FedEx CEO Fred Smith has repeatedly painted any notion of Amazon disrupting the logistics industry as “fantastical,” his actions increasingly suggest otherwise. The share of capacity devoted to the time-sensitive legal documents and medical supplies that the FedEx Express network was originally built for will likely continue to shrink. But it’s uneconomical for the division’s fleet – which numbered 670 leased and owned planes at the end of 2018 – to fly partially full or not at all. Meanwhile, FedEx expects U.S. e-commerce demand to grow to 100 million packages per day by 2026. It’s been adamant that Amazon only directly accounts for a small percentage of its overall sales. But Amazon has forever changed the world’s expectations around shopping and delivery. So whether or not its own sales are in the mix, FedEx will be forced to drink more deeply from the firehose of e-commerce shipments to keep its network humming along. And that will come at a cost to margins.FedEx’s decision to prioritize shipments from the likes of Walmart Inc., Target Corp. and Walgreens Boots Alliance Inc. gave some analysts hope that it would deliver a greater share of packages to higher-paying business customers and add more density to its delivery routes. But there’s some debate as to whether the Express air-delivery unit as currently constituted still makes sense. Amazon relies on a network of fulfillment and sorting centers close to metropolitan areas to rapidly complete and ship orders, a model that many rival retailers are mimicking in some shape or form as they try to stay competitive. If you’re only going to deliver a package 25 or 50 miles, you’re not going to use a plane to do that. Indeed, when FedEx’s decision to drop Amazon as a U.S. Express customer was first announced, Seaport Global Holdings analyst Kevin Sterling wondered to Bloomberg News whether it was a precursor to the Express unit eventually fading out.Planes still have a role to play: Amazon last week announced an agreement to lease 15 additional Boeing Co. 737-800 converted freighters from General Electric Co.’s jet-lessor arm, adding to an existing agreement for five planes. But FedEx’s reported need to offer discounts to keep the planes it has full calls into question the company’s decision to devote a significant amount of its capital expenditure budget to refreshing its airplane fleet. Management has been clear it’s not expanding capacity at the Express unit, but rather replacing its planes with more efficient options to improve productivity and costs. Downsizing the fleet and reallocating those resources could be a smarter move. The reported pricing cuts – coupled with FedEx’s recently announced plan to offer delivery seven days a week by 2020 and add a fleet of flexible, part-time drivers – reinforce a point both I and my colleague Shira Ovide have long argued: Amazon doesn’t need to steal customers away from FedEx and UPS en masse to be a threat. It’s already forcing both companies to rethink the way they operate. The revenue lost from removing Amazon as an Express customer is relatively minor, but the world the e-commerce giant has created isn’t a hospitable one for the package-delivery incumbents’ profit margins and capital-spending budgets. (1) News of the discounts weighed on shares Monday, as did a separate shipping issue: FedExhad to issue a second apology to Huawei Technologies over the misrouting of packages, and some reports indicate China is contemplating black-listing it.To contact the author of this story: Brooke Sutherland at bsutherland7@bloomberg.netTo contact the editor responsible for this story: Beth Williams at bewilliams@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
- American City Business Journals•17 hours ago
Report: American Airlines CEO says politics could delay 737 MAX return
The airline executive told employees that he doesn't believe the FAA wants to act alone in returning the jet to service.
- Reuters•19 hours ago
US STOCKS-Wall Street set to open higher with trade talks in focus
Wall Street's main indexes were set to open slightly higher on Monday, with investors pinning their hopes on a meeting between Presidents Donald Trump and Xi Jinping later this week to de-escalate a trade war that is damaging the global economy. The S&P 500 index hit a record high last week, boosted by rising expectations that the Federal Reserve would cut interest rates and optimism over a revival in trade talks between the United States and China. Shares of trade-sensitive Boeing Co were up 0.3% in premarket trading, while chip companies, which have a major exposure to China, were also trading higher.
- Motley Fool•20 hours ago
Why the United Technologies-Raytheon Merger Could Mean Trouble for General Electric
The deal could turn Pratt & Whitney's geared turbofan aircraft engines into more robust challengers to GE's market-leading engines.
- Investing.com•23 hours ago
Stocks - Wall Street Flat as U.S-Iranian Tensions Counter Trade Talk Progress
The S&P; 500 inched down 0.7 points by 9:53 AM ET (13:53 GMT). The Dow was up 60 points and tech-heavy Nasdaq composite fell 5 points.
- Reuters•2 days ago
U.S. arms makers see booming European demand as threats multiply
U.S. arms makers say European demand for fighter jets, missile defenses and other weapons is growing fast amid heightened concerns about Russia and Iran. The U.S. government sent a group of unusually high-ranking officials including Commerce Secretary Wilbur Ross to the Paris Airshow this year, where nearly 400 U.S. companies were showcasing equipment as the United States and Iran neared open confrontation in the Persian Gulf.
- Motley Fool•2 days ago
Good News for Boeing and Northrop: A-10 Warthogs Will Keep Flying Through 2030
Don't be frightened -- this warplane is actually smiling its happy face.
- American City Business Journals•2 days ago
Need to know: Boeing caps Parisian affair, Amazon applauded in Alabama and old Times building reimagined
Business Journal Managing Editor Rob Johnson recaps the week in Seattle business news and looks at the week ahead, including an interview with the CEO of the region's newest unicorn.
- Benzinga•3 days ago
Barron's Picks And Pans: Humana, Marriott, Boeing And More
In “How to Navigate a World of Easy Money,” Avi Salzman and Nicholas Jasinski look at how investors are having to adjust. Other featured articles examine Humana and the Medicare Advantage plan, Marriott International’s recent strength and an update on Boeing’s efforts to recover from the 737 Max groundings. Josh Nathan-Kavis takes a look at Humana Inc (NYSE: HUM), noting that the bull case for the health care company’s stock centers on the Medicare Advantage program.
- Barrons.com•3 days ago
Amazon, GE, and Boeing Strike a Deal That Could Only Happen in Paris
Amazon signed a deal with General; Electric’s aircraft leasing unit at the Paris air show. The deal reveals a lot about the three companies.
- Barrons.com•3 days ago
Boeing Passes a Crucial Test That Will Make Investors the Winners
Orders for the 737 MAX at the Paris air show offered the beleaguered jet manufacturer the chance to show that it is making progress following the tragedy.
- Motley Fool•4 days ago
Is the Air Force Ready to Go All In on Kratos' Drones?
The Valkyrie gets a favorable mention from a key Pentagon official.
- GuruFocus.com•4 days ago
Is the Bottom in for Boeing?
Analyzing the aircraft manufacturer's investment prospects in detail
- Investor's Business Daily•4 days ago
Stock Market Rally Soars On Fed, China Trade Hopes; Facebook Cryptocurrency, Boeing 737 Max Order, Adobe, Oracle Earnings
The S&P; 500 hit a new high as stocks soared on Fed rate cut and China trade hopes. Facebook unveiled a cryptocurrency and Boeing got a big 737 Max order. Adobe, Oracle broke out on earnings.
