|Bid||366.60 x 800|
|Ask||366.66 x 1300|
|Day's Range||362.90 - 367.50|
|52 Week Range||292.47 - 446.01|
|Beta (3Y Monthly)||1.36|
|PE Ratio (TTM)||20.53|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||8.22 (2.21%)|
|1y Target Est||436.95|
The first instinct by market bulls is to buy after Robert Mueller's report on President Donald Trump. Not so fast.
Boeing may be close to delivering its fix for the 737 Max's anti-stall system and preventing future tragedies. The Wall Street Journal has learned through documents and sources that the FAA has "tentatively" greenlit software and training updates pending some final simulation and real-world flight tests. They could make their way to airlines within a few weeks, according to the insiders, although there's still the possibility of last-minute revisions and changes to the timeline.
Bell-Boeing will acquire 12 interim spare drive links, three interim spare hub springs and nine proprotor hub spring as well as drive link kits for the Japanese government.
The Dow Jones Industrial Average turned higher Monday in cautious trading as global growth concerns continued to weigh on Wall Street. rose 0.5% after its board approved a $5 billion share repurchase program. U.S. Treasury bond yields continued to suggest difficult economic times.
Wall Street's main indexes fell on Monday, dragged down by declines in high-growth technology shares, as fears of a global slowdown roiled the market for the second straight session. Yields on U.S. 10-year treasury yields modestly rose on Monday after data showed German business morale improved unexpectedly in March, but spreads between U.S. three-month and 10-year Treasury yields moved closer again to inversion. "Markets are not overcoming concerns of the global economic climate and the fact that the 3-month treasury yields rose above that of the 10-year notes, creating an inversion," said Robert Pavlik, chief investment strategist and senior portfolio manager at SlateStone Wealth LLC in New York.
Norwegian Air will lease planes and postpone the sale of older models in its fleet following the grounding of Boeing 737 MAX aircraft, the airline said on Monday. The budget carrier will also use some of its bigger Boeing 787 Dreamliners to offset the effects of the grounding of its 18 MAX jets - about 11 percent of its fleet. "In addition to continuing combining flights and reallocating aircraft, the company has decided to delay potential sales of six Boeing 737-800 aircraft and use available 787 Dreamliner capacity on high-volume routes, which will add flexibility," Norwegian said in a statement.
Ethiopian Airlines and other carriers expressed confidence in Boeing, which will discuss 737 Max updates with pilots soon.
NEW YORK, NY / ACCESSWIRE / March 25, 2019 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of The Boeing Company ("Boeing"or the "Company") ...
shares bumped higher Monday as the world's biggest planemaker moved to convince the global aviation industry that software changes in the flight system of its 737 MAX series would address safety concerns clouding the aircraft following to fatal accidents over three months. Boeing said more than 200 airline pilots, technical leaders and regulators would travel to its Renton, Washington manufacturing base Wednesday for an informational session on software and training updates for its Maneuvering Characteristics Augmentation, or MCAS, system. , the second-largest MAX 8 customer, said Sunday it would cancel around 90 flights per day and extend its truncated schedule until at least April 24 thanks to the ongoing grounding of the controversial aircraft by the Federal Aviation Administration two weeks ago.
More news and analyst research about the troubled 737 MAX program isn’t providing anything for investors to grasp. Boeing shareholders need to think about managing idiosyncratic risk, and it may be time to trim back for some.
OSLO (Reuters) - Norwegian Air aims to turn profitable this year, its chief executive said on Monday, reiterating plans to turn around the situation at the loss-making budget airline. "We aim to become ...
Norwegian Air aims to turn profitable this year, its chief executive said on Monday, reiterating plans to turn around the situation at the loss-making budget airline. "We aim to become profitable ...
Wall Street's main indexes were set to open slightly lower on Monday, as investors struggled to shrug off global growth fears even as a report showed that President Donald Trump's campaign did not collude with Russia. S&P 500 futures initially rose on Sunday after Special Counsel Robert Mueller found no evidence of collusion, but the report left unresolved the issue of whether Trump obstructed justice by undermining the investigations that have dogged his presidency.
Your March 20 edition contained a full-page apologia from Boeing, which I note was signed by Dennis Muilenburg in his capacity as “Chairman, President and CEO of The Boeing Company”. One might ask what ...
ADDIS ABABA/SINGAPORE (Reuters) - Boeing Co will brief more than 200 global airline pilots, technical experts and regulators this week on software and training updates for its 737 MAX aircraft, as Ethiopian Airlines expressed confidence in the planemaker despite a recent crash. Africa's biggest carrier will work with Boeing and other airlines to make air travel safer, its chief executive, Tewolde Gebremariam, said, after regulators this month grounded the worldwide fleet of the aircraft following the crash that killed 157 people. "Despite the tragedy, Boeing and Ethiopian Airlines will continue to be linked well into the future," Tewolde said in a statement on Monday.
American Airlines Group Inc. disclosed Monday that its expects the Federal Aviation Administration's grounding of Boeing Co.'s 737 MAX aircraft to continue to cause "significant disruption" to its customers and financial costs to the airline. The company said, however, that the financial costs of the disruption "cannot be forecasted at this time," as they will depend on a number of factors, including the period of time of the grounding and the circumstances related to the reintroduction of the aircraft. American said in a filing with the SEC that its fleet included 24 Boeing MAX 8 aircraft, with an additional 76 aircraft on order. Prior to the grounding, it had been operating on average about 90 flights a day involving the grounded aircraft, with flight cancellations announced through April 24, so far. American's stock slipped 0.1% in premarket trade. It has shed 4.8% year to date, while Boeing shares have rallied 12.3%, the NYSE Arca Airline Index has gained 4.5% and the Dow Jones Industrial Average has advanced 9.3%.
The release of the Mueller report isn’t looking like it will roil stock markets. That is good news—market participants have enough to worry about with inverted yield curves.
Qatar Airways threw its support behind Boeing on Monday as the U.S. planemaker faces its biggest crisis in years after two deadly crashes of its flagship 737 MAX jet. Regulators grounded the worldwide MAX fleet after an Ethiopian Airlines MAX crash killed all 157 people on board this month, wiping 14 percent off shares in the world's biggest planemaker. "As far as I am concerned, I have full confidence in Boeing and their ability to resolve any technical issue," Qatar Airways Chief Executive Akbar al-Baker told reporters in Muscat.
with Russia in an attempt to influence the 2016 election, bringing to a close a 22-month saga that has consumed Washington and threatened to imperil Mr Trump’s presidency. . Democrats rejected the US president’s claim that he had been totally exonerated by the report. Jerry Nadler, chairman of the House judiciary committee, said he would call Mr Barr to testify before his committee “in the near future” — the first of several steps Democrats are likely to take to ensure they receive the full text of the Mueller report.
CNBC's Phil LeBeau reports on Boeing's efforts to get the 737 Max 8 back into service as new comments come from Ethiopian Airlines CEO on the planes.