|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||259.44 - 264.83|
|52 Week Range||136.41 - 264.83|
|PE Ratio (TTM)||23.20|
|Earnings Date||Oct 25, 2017|
|Forward Dividend & Yield||5.68 (2.19%)|
|1y Target Est||276.18|
Boeing's HorizonX venture arm has invested in Near Earth Autonomy, a Carnegie Mellon spin-out company that focuses on building autonomous aircraft systems for things including site inspection, defence and potentially automated cargo delivery and personal transportation systems – i.e., flying taxis.
LONDON/MONTREAL (Reuters) - A deal giving Airbus SE (AIR.PA) a controlling stake in Bombardier Inc's (BBDb.TO) CSeries jets should lead to extra work for the Canadian planemaker's factory in Northern Ireland, UK Business Secretary Greg Clark said on Friday after meeting with executives from both companies. “We’ll have more detailed discussions as the deal progresses but there was great optimism that work generally for Belfast would increase,” said Clark in an interview at Bombardier's plant in Montreal. Airbus' (AIR.PA) investment this week in the Montreal-based plane and train maker's CSeries jets is expected to reduce costs and increase sales of the narrow-body jets.
A round up of some of the week's most significant corporate events and news stories. Airbus clips Boeing's wings with opportunistic deal In the annals of aerospace rivalry, Airbus's move to take control ...
Airbus chief executive Tom Enders predicts the next few months could be rough and tough as Boeing responds to European airframer s acquisition of the Bombardier CSeries programme.
The Boeing Co. is reportedly fast-tracking a study of itself and its supply chain to determine if it can pull off a surprising production increase that would mean new work for the Air Capital. According to a report from the Puget Sound Business Journal, Boeing (BA) is urgently weighing plans to double the production rate on its 767 wide-body jet in order to show the industrial capacity needed to win a major order for the aircraft. The PSBJ has seen an internal Boeing document related to the plan, and also confirmed it with three industry sources who requested anonymity to protect business relationships.
We looked ahead to next week and selected the biggest reports to watch. Make sure to keep an eye on CMG, BA, and AMZN as they prepare to report during the week of October 23
Although the framework of its blockbuster deal with Bombardier earlier this week allows Airbus to buy out the entire C Series passenger jet program over time, Airbus CEO Tom Enders says the company has no plans to exercise that option. According to a Canadian Press report appearing in the Globe and Mail, Enders made the comments to reporters following a joint meeting at the Montreal Board of Trade with Bombardier Inc. CEO Alain Bellemare. “We have no intention to buy out the others because we know they are great partners and it they want to stay on the journey going forward they are very welcome to that,” Enders said.
Airbus SE (AIR.PA) expects to sell "thousands" of Bombardier Inc's (BBDb.TO) new CSeries aircraft, capturing half the global market for smaller single-aisle commercial jets, Chief Executive Tom Enders said on Friday. Europe's largest planemaker on Monday agreed to take a majority stake in the CSeries program for $1, a move expected to reduce costs while bolstering the plane's sales and giving Canada's Bombardier a possible way out of a damaging trade dispute with Boeing Co (BA.N) and U.S. regulators. "I see no reason why we should not be able to capture 50 percent of that market," Enders said.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Alexis Christoforous from the floor of the New York Stock Exchange to discuss the current rally in stocks and the importance of tax cuts.
The Fast Money traders discuss the Dow, S&P and Nasdaq all hitting fresh records. The S&P 500 adding nearly $4 trillion in market cap since the election. Stocks are at all-time highs and America is getting rich.