286.64 +3.48 (1.23%)
After hours: 7:24PM EST
|Bid||286.64 x 2500|
|Ask||287.00 x 500|
|Day's Range||279.90 - 286.49|
|52 Week Range||153.06 - 287.32|
|PE Ratio (TTM)||26.09|
|Earnings Date||Jan 23, 2018 - Jan 29, 2018|
|Forward Dividend & Yield||5.68 (1.99%)|
|1y Target Est||285.42|
Bitcoin prices are still hot. Tesla's stock is looking like death. And Boeing just dropped more good news on the doorsteps of investors.
The world's biggest maker of jetliners said the raised dividend and the new buyback programme were not in response to a Republican tax overhaul, which seeks to cut corporate taxes to 20 percent from 35 percent. Other U.S. corporations have said they would use the windfall from the tax overhaul to buy back shares, retire debt and other shareholder-friendly moves. The cash deployment plans reflect ongoing confidence in our financial strength and the long-term outlook of our business, Boeing Chief Financial Officer Greg Smith said in a statement.
Investing.com – US stocks closed higher on Monday led by a surge in energy on expectations of supply disruptions, while the rebound in technology continued ahead of the upcoming Federal Reserve meeting this week.
The company's shares, the best-performing Dow component this year with an 84 percent surge, were up 1.2 percent at $286.51 in after-market trading. The world's biggest maker of jetliners said the raised dividend and the new buyback program were not in response to a Republican tax overhaul, which seeks to cut corporate taxes to 20 percent from 35 percent. Other U.S. corporations have said they would use the windfall from the tax overhaul to buy back shares, retire debt and other shareholder-friendly moves.
Boeing may have gained an edge over Airbus as the jet makers battle for a Delta Air Lines order of up to 100 single-aisle jets, thanks to the Trump effect, an aerospace analyst said Monday. Veteran Bainbridge Island aerospace watcher Scott Hamilton said the Boeing's 737 Max and the Airbus A320neo are almost identical in terms of economics and performance. "Those I’ve talked to in the market think that on the merits, the choice between Airbus and Boeing is a coin toss.
Boeing Co. announced a larger dividend and share-repurchase authorization Monday afternoon, sending shares 1% higher in late trading. Boeing said it would increase its quarterly dividend 20% to $1.71 per ...
Boeing Co. is handing out more goodies to investors already flush from the company’s leap this year to the top of the Dow Jones Industrial Average.
CHICAGO, Dec. 11, 2017 /PRNewswire/ -- The Boeing (BA) board of directors today declared the company's quarterly dividend will increase 20 percent to $1.71 per share. The board also replaced the existing share repurchase program with a new $18 billion authorization. "Boeing's strong and growing cash flow allows us to deepen our commitment to provide competitive returns to our shareholders, while continuing to invest in our people, innovation and growth," said Boeing Chairman, President and Chief Executive Officer Dennis Muilenburg.
The combined orders and deliveries have direct ties to Wichita, where the city’s commercial aviation cluster — including Spirit AeroSystems Inc. (SPR) and Airbus Americas Engineering — contribute to the design, production and support of all the aircraft in the companies’ combined product lineup.
News surrounding the Boeing Co. is sending up more signs that a passenger version of its 767 model might be nearing a restart, a move that would drive additional work in Wichita in the future. According ...
At Delta Air Lines investor day Thursday, the financial news is expected to be moderately positive; the session could also bring a choice between Airbus and Boeing for a narrowbody order.
Melius Research's Carter Copeland and his team have an update on the defense sector today, writing that investors "must own" the stocks. On top of ongoing geopolitical uncertainty and a slowing macroeconomic picture, Copeland cites tax reform as another catalyst for defense stocks, which could see as much as a 1,000 basis point reduction in their effective tax rate, which makes their valuations look much more attractive. In addition, he writes that tax reform would also "materially" limit the cash tax benefits of future pension contributions, meaning that some defense companies that have rising mandatory pension contributions may choose to pre-fund plans before the lower rates.
Delta Air Lines raised $450 million on the debt market this week, but the airline is saying little about how it plans to spend it. Atlanta-based Delta is weighing the purchase of 75 to 100 single-aisle jets from either Boeing or Airbus, and the airline announced a preliminary agreement with Canada's WestJet that might lead to a capital commitment. Delta didn't offer details on its plans for spending the $450 million other than "general corporate purposes," according to a U.S. Securities and Exchange Commission filing , and spokeswoman Liz Savadelis declined to comment.
A Deutsche Bank economist said that a bitcoin crash could cause global markets to sink next year. Several tech companies made strides over the weekend, including Apple Inc. (NASDAQ:AAPL), BAE Systems PLC (ADR) (OTCMKTS:BAESY) and Boeing Co (NYSE:BA). Apple announced over the weekend that it has made advances in the budding self-driving vehicle industry.
There is a lot to like in Ford Motor Co.’s news out of China this week. However, I also have some real concerns — particularly about Ford’s plan to introduce 50 new vehicles in China over the next eight years — a significant shift away from former CEO Alan Mulally’s strategy of streamlining.
Canada reportedly is altering its plan to buy 18 Super Hornet fighters from Boeing amidst a trade dispute with the jet maker. Sources told Reuters that the government will announce this week that it plans to buy a used fleet of older Australia F-18 jets instead of the new Super Hornets. The ruling follows Boeing's trade challenge against Canada's Bombardier aircraft maker.
Boeing delivered two widebody jets to Middle Eastern airlines and won a 747 order this week, generating some cash for the fourth quarter. Chicago-based Boeing (BA) delivered a 787-9 Dreamliner to Oman Air and a 777 freighter to Turkish Airlines. Boeing capped off the week by snaring a new order for the $387 million double-decker 747 from an unidentified buyer, according to its orders and deliveries website .
Boeing Co. said Friday it believes Canada will follow through on its threat and abandon plans to buy 18 F/A-18 Super Hornet aircraft in a $5.2 billion deal, in the latest fallout from heightened trade ...
Lockheed in November secured a deal to develop a laser for a supersonic F-15 jet capable of disabling a missile or drone from a mile away, the latest push in a decadesold effort that so far has come up ...