BA - The Boeing Company
| Previous Close | 378.85 |
| Open | 378.41 |
| Bid | 0.00 x 1000 |
| Ask | 384.79 x 1000 |
| Day's Range | 377.80 - 385.31 |
| 52 Week Range | 292.47 - 446.01 |
| Volume | 3,123,631 |
| Avg. Volume | 4,576,406 |
| Market Cap | 216.193B |
| Beta (3Y Monthly) | 1.27 |
| PE Ratio (TTM) | 44.05 |
| EPS (TTM) | 8.72 |
| Earnings Date | Oct 22, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 8.22 (2.17%) |
| Ex-Dividend Date | 2019-08-08 |
| 1y Target Est | 411.14 |
- American City Business Journals
Oregon climate group targets Boeing in hard-hitting cap and trade ad
"Boeing should focus more on keeping pollution out of the air, and keeping planes in the air," a new ad says.
- Reuters
UPDATE 1-House panel asks Boeing CEO to testify Oct 30 on 737 MAX
The U.S. House Transportation and Infrastructure Committee formally asked Boeing CEO Dennis Muilenburg on Tuesday to testify on the now grounded 737 MAX that has been involved in two deadly crashes since October 2018 that killed 346 people. The panel's chair, Representative Peter DeFazio, also asked John Hamilton, the chief engineer of Boeing’s Commercial Airplanes division, to appear. "Boeing has received the Committee’s invitation and is reviewing it now.
- Moody's
Boeing Capital Corporation -- Moody's announces completion of a periodic review of ratings of Boeing Company (The)
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Boeing Company (The) and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
- Reuters
UPDATE 1-U.S. FAA to brief international regulators on status of Boeing 737 MAX
Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Boeing 737 MAX, according to an email seen by Reuters. The FAA has been reviewing proposed software and training changes from Boeing Co for its best-selling plane that has been grounded since March in the aftermath of two fatal crashes in five months. The meeting, to be held on Monday, is taking place in connection with the International Civil Aviation Organization World Aviation Forum.
- InvestorPlace
Dow Jones Today: Oil Slides, Investors Wait on Fed
Nearly as rapidly as oil prices spiked Monday, they violently retreated Tuesday amid talk that Saudi Arabia will be able to restore production from weekend drone strikes faster than was previously expected.Source: rafapress / Shutterstock.com Oil stood in the way of market upside yesterday and the commodity's Tuesday tumble did not provide much in the way of relief, indicating that many market participants are taking a wait-and-see approach to what comes out of the Federal Reserve meeting Wednesday. * 7 Momentum Stocks to Buy On the Dip Even before the rate cut news, the Fed was making headlines today, stepping into the repo market by buying $53.2 billion in securities to ease a sudden spike in short-term interest rates.InvestorPlace - Stock Market News, Stock Advice & Trading Tips"The turmoil in the repo market caused a key benchmark for policy makers -- known as the effective fed funds rate -- to jump to 2.25%, an increase that, if left unchecked, could have started impacting broader borrowing costs in the economy," according to Bloomberg.Regarding the Fed's plans for interest rates, it appears likely that a rate cut of 25 basis points will be unveiled tomorrow, but after that, the central bank could be on pause for the rest of this year.With that in mind, traders pushed the Nasdaq Composite higher by 0.40% while the S&P 500 rose by 0.26%. The Dow Jones Industrial Average added 0.13%. In late trading, just 12 of the Dow's components were pointed higher and just four of those names were up 1% or more. Trade TalkWhat was surprising about the logy performances notched by stocks today was that President Donald Trump made some encouraging comments about the potential for a trade deal with China. Perhaps it was the broad time frame that the president gave that kept stocks from rallying. Aboard Air Force One heading to California, Trump told members of the media that a trade deal could happen soon or around the time of the 2020 election.That broad timeline wasn't enough to really jolt tariff-sensitive Dow stocks higher. For example, Apple (NASDAQ:AAPL) and Nike (NYSE:NKE) were sporting negligible gains in late trading, and most of the rest of the day's Dow winners were either defensive stocks or companies that are not heavily dependent on China as a source of revenue.Speaking of China, there was some good news on that front for at least one Dow component today. Boeing (NYSE:BA) was the blue chip index's leader, gaining about 1%, after the aerospace giant boosted its China demand forecast.The company said it expects China to purchase 8,090 passenger jets through 2038, up from a prior forecast of 7,690 planes through 2037. Those new orders will also be a boon to Boeing's services business, which is becoming an important driver of top- and bottom-line growth for the firm. Dow OffendersUnfortunately, Tuesday's Dow offenders is larger than we'd like to see. Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX) can be excused due to the aforementioned drop in oil prices.Home Depot (NYSE:HD) lost about half a percent after Guggenheim analyst Steven Forbes cut his rating on the home improvement retailer to "neutral" from "buy." Forbes said the company's current investment initiatives could pay off over the long run, but over short-term, those spending plans could crimp margins."Bottom line, we find it difficult to see a path to earnings before interest and taxes margin expansion in 2020 as both a) investment spending and b) the associated D&A drag are poised to ramp," said the analyst.In what is likely a case of profit taking after major run high, Caterpillar (NYSE:CAT) traded lower today after entering the day with a gain of more than 15% over the past month. The machinery maker has been highlighted as one of the names that could benefit from higher oil prices, so that factor was at play to the downside. Bottom Line on Dow Jones TodayToday's market action wasn't all that surprising when considering the backdrop riskier assets are contending with. The pullback in oil prices could be a positive because there's always a sweet spot for oil companies and consumers. High gas prices could pinch consumer spending, something that would be a detriment to the broad economy, so today's oil retreat is, in a broader context, a positive.The Fed probably obliges with a rate cut tomorrow, but the devil will be in the details regarding how many more times this year the central bank will ease. If the tone isn't to investors' liking, riskier assets could be roiled.Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Dow Jones Today: Oil Slides, Investors Wait on Fed appeared first on InvestorPlace.
- Investor's Business Daily
Stocks Close Higher After A Late Rally
The stock market closed mainly higher after lackluster action for most of the session, but leading stocks shone Tuesday.
- Reuters
U.S. FAA to brief international regulators on status of Boeing 737 MAX
Federal Aviation Administration chief Steve Dickson has invited about 50 aviation safety regulators from around the world to an informal briefing in Montreal next week on the status of the grounded Boeing 737 MAX, according to an email seen by Reuters. The FAA has been reviewing proposed software and training changes from Boeing Co for its best-selling plane that has been grounded since March in the aftermath of two fatal crashes in five months. The meeting, to be held on Monday, is taking place in connection with the International Civil Aviation Organization World Aviation Forum.
- Investor's Business Daily
International Panel To Blast FAA's 737 Max Approval Process; Boeing Raises China Outlook
A new report is expected to say the FAA did not adequately share data with foreign authorities when the Boeing 737 Max was originally certified two years ago.
- Investor's Business Daily
GE, Engine Rivals Eye Contest To Extend This Cold War Icon's Life
General Electric, United Technologies and Rolls-Royce will compete to put new engines on the venerable Boeing B-52 bomber.
- American City Business Journals
Boeing progressing on fix to latest KC-46 tanker issue
The company says it's "pursuing two paths" to resolve issues with the locking mechanisms in the aircraft's fuselage.
- InvestorPlace
5 Top Stock Trades for Wednesday: BA, ACB, PINS
The stock market was relatively calm on Tuesday as investors await a rate decision from the Federal Reserve on Wednesday. There were still some big movers on the day though, so let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: BoeingAs investors grow optimistic about getting the MAX 737 back in action, Boeing (NYSE:BA) stock is coiling and looking to move higher.InvestorPlace - Stock Market News, Stock Advice & Trading TipsShares have been consolidating between $375 and $385. In order to trigger a move higher, BA stock needs to clear $385. Just overhead -- near $387 -- is the 38.2% retracement. If Boeing can clear both marks, a rally into the $390s is possible. Above the March high and BA may even fill the gap back up over $410. * 7 Tech Stocks You Should Avoid Now If shares resolve lower, see that recent uptrend support (blue line) buoys the name. Top Stock Trades for Tomorrow 2: Aurora CannabisI hate to say it, but investors should have seen the decline coming in Aurora Cannabis (NYSE:ACB) stock. InvestorPlace readers have been leery of ACB for months now, and our recent call that shares may fall again only reiterated that cautious stance.Now breaking below the August lows, let's see if ACB draws in buyers near $5. We can't trust the name on the long side while it's below $5.40 -- at least in the short term. Even if it does reclaim this mark, it's only good for a short-term bounce.Below $5 and the December lows are possible, but let's take it one step at a time and see if it hits $5 to begin with. Top Stock Trades for Tomorrow 3: PinterestPinterest (NYSE:PINS) wants to begin rallying again, but it faces a tough road with high-growth tech stocks under pressure recently. On the charts, there's a lot of overhead, too.$30 is a significant mark, while the 50-day moving average is up at $30.57 and the declining 20-day moving average is at $31.05. $32 has also proven significant. Not to pummel you with numbers, but making matters even more complicated, the 50% retracement is at $29.94 and the 38.2% is at $31.57.So let's simplify it.PINS has a lot of marks between $30 and $32. Above $32 and it has mostly blue skies. Below $30 and it has the 100-day moving average at $29 and uptrend support at $28.Even simpler? Above $32 is bullish, below $28 is bearish. Top Stock Trades for Tomorrow 4: CorningCorning (NYSE:GLW) is getting hit hard on Tuesday, down more than 7%. On the weekly chart above, we can see shares being rejected by the 100-week moving average.It puts a key support zone on watch just below current levels. The ~$27 mark has been notable over the last three years, while the 200-week moving average stepped up as big-time support last month. That's currently at $26.50.Below that mark and GLW is in trouble. If we get a dip down into the $27 area, aggressive investors have a better risk/reward there than here, but GLW isn't my cup of tea. Top Stock Trades for Tomorrow 5: Acadia PharmaceuticalsAcadia Pharmaceuticals (NASDAQ:ACAD) has been a beast lately, gapping from $23.77 to almost $39 in a single move.ACAD stock consolidated that move beautifully in a narrowing range, before resolving higher on Monday. It tried to breakout over $44 again on Tuesday -- which has been multi-day resistance -- but was rejected. * 7 Momentum Stocks to Buy On the Dip Over $44 puts the $44.85 highs on the table and over that, ACAD can regain upside momentum. A break below $40 signals that Acadia needs more time to consolidate.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long PINS. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post 5 Top Stock Trades for Wednesday: BA, ACB, PINS appeared first on InvestorPlace.
- Reuters
UPDATE 3-Ethiopian crash victims want 737 MAX documents from Boeing, FAA
A lawyer for victims of Ethiopian Airlines Flight 302 said on Tuesday he wants Boeing Co and the U.S. Federal Aviation Administration to hand over documents about the decision to keep the Boeing 737 MAX in the air after a deadly Lion Air crash last October. A week after Lion Air Flight 610 nose-dived into the Java Sea, killing all 189 aboard, the FAA warned airlines that erroneous inputs from an automated flight control system's sensors could lead the jet to automatically pitch its nose down, but the agency allowed the jets to continue flying. Five months later, the same system was blamed for playing a role when ET302 crashed on March 10, killing all 157 passengers and crew and prompting a worldwide grounding of the 737 MAX that remains in place.
- MarketWatch
Dow flat in spite of gains for Procter & Gamble, Boeing shares
DOW UPDATE Shares of Procter & Gamble and Boeing are trading higher Tuesday afternoon, though the Dow Jones Industrial Average is trading essentially flat. The Dow (DJIA) most recently, was trading 3 points higher (0.
- Investor's Business Daily
Is United Airlines Stock A Buy Right Now? Here's What Earnings, Charts Show
Is United Airlines stock ready to take flight? Here is what the fundamentals and technical analysis say about buying United stock now.
- Zacks
Boeing Ups 20-Year Projection for Jet Demand in China by 5.2%
Boeing (BA) continues to expect single-aisle jets to be the key demand driver for commercial jets in China, comprising 74% of the total projection.
- PR Newswire
Boeing and Safran Invest in Electric Power Systems
-- Strategic investment will support on-demand mobility efforts, development of industrial base and advancement of battery technologies CHICAGO , Sept. 17, 2019 /PRNewswire/ -- Boeing and Safran ...
- Benzinga
3 Aerospace And Defense ETFs Benefiting From Turmoil In The Middle East
When geopolitical headwinds howl, particularly those flowing from the Middle East, it's reasonable to expect that among the various sectors and industries, energy stocks will be affected. Next on that list is aerospace and defense equities and exchange traded funds. This was happening on a down day for the broader market and those three funds represented three of just eight ETFs that hit record highs on Monday.
- InvestorPlace
Insiders Are Laying off AMD Stock and So Should You
AMD (NASDAQ:AMD) received an upgrade from Moody's right before the weekend. This should help reduce the company's debt costs. Later on, it could even help bolster AMD stock.Source: Shutterstock However, while AMD looks like a solid buy on the surface, issues have appeared that should create some doubts. Unless and until these issues resolve themselves, investors should hold out for a discount before buying. The Moody's Upgrade HelpsMoody's took AMD's debt rating to Ba2, up from the previous Ba3. In raising the rating for the AMD corporate family, Moody's cited the company's "design wins" and gains in market share as reasons for the improved performance outlook. AMD stock rose by almost 1.6% to $30.48 per share following the news.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI cannot argue with Moody's rationale on the improved debt rating. Long known as the lower-cost, less-regarded semi manufacturer, analysts should now regard AMD as a full-fledged player in the semi industry. However, the question on the minds of traders is whether that will improve the performance of the stock. * 7 Tech Stocks You Should Avoid Now On the surface, I see few reasons not to buy AMD. The forward price-to-earnings (PE) ratio of just under 29 is not cheap. However, projected earnings increases of 37% this year and 68.3% in fiscal 2020 make the slightly elevated PE ratio worthwhile. Heed AMD's rangeHowever, markets often run up against stubborn price limits, and this has happened to Advanced Micro Devices stock. As I have stated in previous articles, the $34 price ceiling continues to plague AMD. This limit has left it range-bound and the current price of just over $30 per share places the equity in the middle of the range first established in May.Will this range break eventually? In all likelihood, yes. Lisa Su continues to do an outstanding job in taking market leads over Intel (NASDAQ:INTC) and keeping it competitive on the graphics side against Nvidia (NASDAQ:NVDA). That will bolster profit growth and eventually push AMD stock through the price ceiling. AMD Stock Is More Than Just RangeboundHowever, the baffling aspects of AMD stock go well beyond a stubborn price ceiling. Our own Will Ashworth found another issue, namely the lack of insider buying.Over the last year, not a single insider has purchased any Advanced Micro Devices stock. Moreover, insiders sold over 39 million AMD shares during the previous 12 months. That comes in far ahead of the roughly 2.27 million shares sold by Intel insiders and the 491,317 shares of Nvidia sold.InvestorPlace feature writer James Brumley believes that AMD will more than likely move with the market. Much like AMD, the overall market seems to trade in a range as well. The S&P 500 continues to flirt with record highs despite a trade war and a lengthy economic expansion.Brumley also made a point in a previous article about the 7nm Rome processor not living up to the performance expectation. Like Boeing (NYSE:BA) and the 737 MAX, AMD may have caused performance issues by rushing its 7nm processor to market.Many reports have surfaced about Rome not performing as advertised. While I do not think this stops the AMD recovery story, it may make some investors wary of AMD for now. The Bottom Line on AMD StockAMD is not as great a buy as it may appear. When comparing both the Moody's upgrade and the forward PE ratio to the expected profit growth rate, Advanced Micro Devices stock looks like a definite buy on the surface.However, it seems concerning that insiders have not bought into the story. Moreover, doubts about the performance of 7nm Rome could place further pressure on the stock. As a result, traders have seen the same thing happen over the last year--AMD stock reaches the $34 per share range and then sells off.Furthermore, it has remained below the 50-day moving average since August 13th. Unless it breaks out of the current range, investors should only consider buying near the $26 per share level.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Recession-Resistant Services Stocks to Buy * 7 Hot Penny Stocks to Consider Now * 7 Tech Stocks You Should Avoid Now The post Insiders Are Laying off AMD Stock and So Should You appeared first on InvestorPlace.
- Bloomberg
The Trade Dogfight Trump Can Say He Won Fair and Square
(Bloomberg) -- Want to receive this post in your inbox every day? Sign up for the Terms of Trade newsletter, and follow Bloomberg Economics on Twitter for more.If President Donald Trump imposes new tariffs on European goods next month, America’s transatlantic allies can’t say they they’ve been blindsided like they have with other trade policies launched from his White House.While some may bristle that the self-proclaimed “Tariff Man” is expanding his trade fight with the European Union, Trump would be acting on the right side of international law in a long-running case pitting Toulouse, France-based Airbus and Chicago-based Boeing. This time he’ll have the explicit authorization of the World Trade Organization, the referee of global commerce.That’s a key distinction from Trump’s tariffs on Chinese goods, or steel and aluminum imports, or the threat of tariffs on foreign cars and parts — instances when he acts based on his presidential authority. It’s also a break from the norm for a leader who has trashed the WTO as the “single worst trade deal ever made” and threatened to withdraw from the organization entirely.Here’s how the international trading system is supposed to work:If a country gets upset with another country’s trade practices, it can file a dispute at the WTO where a panel of experts offers a judgment. If the losing country doesn’t comply with that ruling, the WTO allows the winning country to retaliate. For most of his first term in office Trump has preferred to cut to the chase and levy tariffs that he says are exempt from WTO oversight because they’re necessary to protect America’s “public morals” and national security. But in the instance of Airbus, Trump and his predecessors have pursued and succeeded in a landmark case against the EU that’s been a decade-and-a-half in the making. Last year the WTO ruled that the EU hasn’t ended its illegal subsidies, which Boeing and the U.S. claim give Airbus an unfair advantage, and the WTO will soon green-light new U.S. tariffs on billions of dollars worth of European goods.But the other shoe has yet to drop. In a similar action that’s still winding through the Geneva-based WTO, the European Commission is readying its own tariffs on U.S. exports in retaliation for unfair subsidies given to Boeing. EU Trade Commissioner Cecilia Malmstrom summed up the situation on Monday by saying “both we and the U.S. have sinned” and the time has come to settle the dispute rather than resort to tit-for-tat tariffs.The multi-billion dollar question now: Will Trump see an opportunity to forge a comprehensive aerospace accord with the EU or kick off a transatlantic trade war of epic proportions instead?Charting the Trade WarGlobal trade in services slowed during the first quarter of 2019, according to a new World Trade Organization report, which describes a “broad loss in momentum” among sectors like technology and tourism.Today’s Must ReadsU.S.-Japan deal | Washington has plans to sign a trade accord with Japan in coming weeks, though Tokyo warned any deal must include pledges of no new tariffs auto exports. Plow ahead | Chinese trade officials are coming to the U.S. this week to prepare the agenda for a meeting of top negotiators in October, the Ministry of Commerce said. Chip shot | The U.S. government will need to agree to talks with Huawei as part of a future trade deal with China, a top executive at China’s largest tech company said. Landmark hearing | Boris Johnson’s Brexit strategy has been on trial since he became Britain’s prime minister, and on Tuesday his lawyers will defend it in the U.K.’s highest court. Swiss miss | Switzerland’s economy is expected to expand less quickly than the government previously project, slowed by weaker demand from the world’s major economies.Economic AnalysisSpending less | Economic slowdowns, trade wars and the U.S. Huawei ban threaten tech spending. Further easing | The PBOC stepping up stimulus to buffer the Chinese economy from trade war.Coming UpSept. 18: Japan, Italy trade balance Sept. 19-20: U.S.-China talks in WashingtonLike Terms of Trade?Don’t keep it to yourself. Colleagues and friends can sign up here. We also publish Balance of Power, a daily briefing on the latest in global politics.For even more: Subscribe to Bloomberg All Access for full global news coverage and two in-depth daily newsletters, The Bloomberg Open and The Bloomberg Close.How are we doing? We want to hear what you think about this newsletter. Let our trade tsar know.\--With assistance from Brendan Murray and Viktoria Dendrinou.To contact the author of this story: Bryce Baschuk in Geneva at bbaschuk2@bloomberg.netTo contact the editor responsible for this story: Sarah McGregor at smcgregor5@bloomberg.net, Richard BravoFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- TheStreet.com
Boeing, FedEx, Federal Reserve, WeWork, General Motors - 5 Things You Must Know
U.S. stock futures decline modestly and oil prices slip following one of the biggest single-day price jumps on record; investors adopt a cautious stance ahead of the Federal Reserve's two-day rate-setting meeting and the start of formal U.S.-China trade talks; FedEx, Adobe and Chewy report earnings.
- Reuters
UPDATE 1-Boeing raises 20-yr forecast for China aircraft demand
Boeing Co on Tuesday raised its forecast for China's aircraft demand for the next 20 years, underpinned by expectations of robust air travel demand, but growth in new fleet will be slower than the planemaker's prediction last year. Chinese carriers will need 8,090 new planes through 2038, 5.2% higher than Boeing's forecast last year. Last year, Boeing forecast a 6.2% growth in the country's new aircraft demand to 7,690 planes for the period to 2037.
- TheStreet.com
Boeing Boosts China Forecast; Report Says FAA Faces Rebuke For 737 MAX Approval
Boeing shares drifted modestly higher Tuesday after the world's biggest planemaker lifted its forecast for aircraft demand in China, the world's biggest market, amid ongoing questions over the return of its troubled 737 MAX jet.
- Yahoo Finance Video
Boeing, FAA to face criticism from international regulators
A group of international air-safety regulators is set to release a report on the approval process for the Boeing 737 Max jet, and the report is expected to deliver strong criticism of the FAA.
- ABC News Videos
Is the Boeing 737 MAX a safe aircraft?
The head of the Federal Aviation Administration will test the 737 MAX software update in Seattle.
