|Bid||0.00 x 1300|
|Ask||0.00 x 900|
|Day's Range||336.60 - 340.94|
|52 Week Range||196.45 - 374.48|
|PE Ratio (TTM)||22.52|
|Forward Dividend & Yield||6.84 (1.91%)|
|1y Target Est||N/A|
Boeing has received more orders for widebody planes year to date than it did in all of 2016. A recent 24-aircraft deal with FedEx added to Boeing's order momentum.
Lockheed Martin’s (NYSE:LMT) Missile and Fire Control (MFC) business division recently won a $364.6 million contract for Army Tactical Guided Missile and Launching Assembly Service Life Extension program. The segment was successful in clinching contracts worth $282 million for supporting PAC-3 missiles, $279 million for the delivery of PAC-3 missiles, and $200 million for upgrading THAAD and PATRIOT missiles.
As the spread between industrials and the rest of the S&P 500 Index widens, the largest exchange-traded fund tracking the sector is signaling that another market drop is on the horizon. The $11 billion Industrial Select Sector SPDR Fund, or XLI, historically has been “ridiculously, highly correlated” to the moves of the broader market, said Matt Maley, an equity strategist at Miller and Tabak & Co. This isn’t entirely surprising considering the fund’s 10 largest holdings include Boeing Co., Caterpillar Inc. and General Motors Co. But as those stocks have tumbled recently so has the ETF, which is down roughly 5.5 percent in the last 10 days. “If history is any guide, and the XLI breaks below its May lows anytime soon, it won’t be long before the S&P follows,” Maley said.
Elon Musk’s SpaceX has secured a coveted certification from the U.S. Air Force's for its Falcon Heavy rocket, according to CNBC. The certification was awarded to the SpaceX's heavy-lift rocket even before it was launched a second time, marking another significant achievement for Musk's company, which is known for its work on disruptive technology. In an earlier statement, the Air Force Space and Missile Systems Command mentioned that certifying the Falcon Heavy for national security and classified launches may require as few as two flights or as many as 14.
SpaceX landed a major military contract that will require launching the firm's Falcon Heavy rocket from Kennedy Space Center. The Hawthorne, Calif.-based rocket firm, owned by billionaire entrepreneur Elon Musk, on June 21 won a $130 million, two-year contract from the U.S. Air Force to deliver the classified Space Command-52 satellite into orbit, according to the U.S. Department of Defense. This will be SpaceX's first classified mission for the Falcon Heavy rocket, a launch vehicle outfitted with three Falcon 9 boosters.
BEIJING/SHANGHAI (Reuters) - U.S. protectionism is self-defeating and a "symptom of paranoid delusions" that must not distract China from its path to modernisation, Chinese media said on Friday as Beijing kept up with its war of words with Washington while markets wilted. President Donald Trump threatened on Monday to hit $200 billion (150.3 billion pounds) of Chinese imports with 10 percent tariffs if China retaliates against his previous targeting of $50 billion (37.6 billion pounds) in imports. Investor fears of a full-blown trade war have weighed on markets, including Chinese shares, which posted their worst weekly loss since early February.
After a difficult couple of years selling under-performing affiliates and tangling with the U.S. government over export violations, Esterline Corp. Chairman, President and Chief Executive Officer Curtis Reusser is making progress.
“Scarebus” was the nickname employees at British Airways in the late 1980s and early 1990s gave to the company that over the next decade would develop into a world-leading manufacturer of some of the world’s most advanced passenger jets. , were suspicious of the pioneering technology used by the European aircraft maker as it challenged Boeing and McDonnell Douglas, the two dominant commercial aircraft makers at the time. Ultimately, it was Airbus’ willingness to embrace innovation, along with billions of dollars in support from the governments of France, Germany, Spain and the UK, that helped it match the US civil aircraft makers — leading to the ultimate demise of McDonnell Douglas, which was forced into a merger with Boeing.
A sudden sell-off was witnessed in the global stock market, which in turn overweighed the positive impact of the U.S. Senate's approval for fiscal 2019 budget.
WASHINGTON/FRANKFURT/BEIJING (Reuters) - An increasingly shrill exchange of words between the United States and China that is threatening to trigger a global trade war has claimed another victim - Germany's auto sector. Luxury carmakers Daimler (DAIGn.DE) and BMW (BMWG.DE) joined American farmers and Chinese solar panel and steel makers among the first casualties in what looks set to become a bitter trade war on a global scale of a kind not seen since the 1930s. While most economists believe a tariff war between the world's two largest economies will not derail global growth even if U.S. President Donald Trump follows through with duties on $450 billion of imports from China, individual industries such as agriculture, autos and technology look set to be hit hard.
Eight passengers who were aboard the Southwest Airlines flight that made an emergency landing in Philadelphia after an engine failed have filed a lawsuit on against Boeing Co., the airline and engine manufacturers. The lawsuit, filed Wednesday in the New York Supreme Court in Manhattan, alleges Boeing negligently failed to assure the 737 and engine were reasonably safe, and failed to provide adequate warnings and safety instructions. "Boeing, in its business of designing, developing, manufacturing and selling aircraft, including the component engines, had a duty to assure that its aircraft were reasonably safe for the passengers flying therein, whose safety and lives are at risk," the passengers' attorney wrote in the suit.
Stocks were under pressure again on Thursday, driving U.S. indices lower once again on the week. The Dow Jones is now flirting with its eight consecutive close lower. Is it time to shop around with some new top stock trades?Top Stock Trades for Tomorrow #1: Advanced Micro (AMD)
In the aftermath of the fatal Flight 1380, a lawsuit and federal audit are in the offing for the low-fare behemoth that has its largest hub at Chicago's Midway Airport.
A potential full blown trade war could see mega-cap American giants like Caterpillar Inc. (NYSE: CAT) and Boeing Co (NYSE: BA) lose at least some of its business in China. Caterpillar's stock continues to trade in the red for 2018 and dipped below its 200-day trading average for the first time in two years, Ross said Wednesday afternoon on CNBC's "Trading Nation" segment. While this is certainly "not great," the stock is holding around a key support level around $141-$142.
Eight passengers have sued Southwest Airlines Co (LUV.N) over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger's husband, filed suit on Tuesday in the Supreme Court of the State of New York County of New York. Passengers Cindy Candy Arenas, Jaky Alyssa Arena, Jiny Alexa Arenas, Elhadji Cisse, Donald Kirkland, Beverly Kirkland, Connor Brown, and Cassandra Adams, and Cindy Arenas' husband, Joe Leos Arenas, allege that Southwest acted negligently in its responsibilities to maintain and repair its aircraft and aircraft components.
Eight passengers have sued Southwest Airlines Co over a catastrophic engine blowout in April that killed a passenger and injured several others. The plaintiffs, eight passengers from Flight 1380 on April 17 and one passenger's husband, filed suit on Tuesday in the Supreme Court of the State of New York County of New York. Passengers Cindy Candy Arenas, Jaky Alyssa Arena, Jiny Alexa Arenas, Elhadji Cisse, Donald Kirkland, Beverly Kirkland, Connor Brown, and Cassandra Adams, and Cindy Arenas' husband, Joe Leos Arenas, allege that Southwest acted negligently in its responsibilities to maintain and repair its aircraft and aircraft components.
Jun.21 -- Chinese President Xi Jinping hit back at critics, saying those who think the nation’s opening up is "a joke" haven’t seen the confidence that Chinese people have in reform efforts. Bloomberg's Stephen Engle reports on "Bloomberg Daybreak: Asia."