BA - The Boeing Company
384.20 -0.43 (-0.11%)
After hours: 4:54PM EDT
| Previous Close | 378.85 |
| Open | 378.41 |
| Bid | 384.20 x 1000 |
| Ask | 384.50 x 1000 |
| Day's Range | 377.80 - 385.31 |
| 52 Week Range | 292.47 - 446.01 |
| Volume | 3,123,631 |
| Avg. Volume | 4,574,067 |
| 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 |
- 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.
- 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 a Sept. 23 informal briefing in Montreal 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.
- 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.
- Reuters
UPDATE 2-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. "The decisions to keep those planes in service are key," Robert Clifford of Clifford Law Offices, which represents families of the Ethiopian crash victims, said at a status hearing before U.S. Judge Jorge Alonso in Chicago.
- 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.
- Reuters
International panel to criticize U.S. FAA's Boeing 737 MAX approval process: WSJ
As part of the panel's findings, the task force will call out the U.S. Federal Aviation Administration (FAA) for what it says is a lack of clarity and transparency in the way the agency delegated authority to Boeing to evaluate certain flight-control features, the Journal reported on Monday. The panel is expected to call for greater data-sharing and transparency among different governments, WSJ reported, with the draft report recommending reviewing and updating FAA guidance and day-to-day certification procedures to ensure the agency's early involvement in new onboard systems. The multi-agency panel is called the Joint Authorities Technical Review (JATR) and includes air-safety regulators from Canada, China, Indonesia, the United Arab Emirates, the European Union, Brazil and the United States.
- Reuters
UPDATE 1-International panel to criticize U.S. FAA's Boeing 737 MAX approval process - WSJ
A panel of international air-safety regulators is finishing a report, which is expected to criticize the initial U.S. approval process for Boeing Co's 737 MAX jets, the Wall Street Journal reported, citing people briefed on the conclusions. As part of the panel's findings, the task force will call out the U.S. Federal Aviation Administration (FAA) for what it says is a lack of clarity and transparency in the way the agency delegated authority to Boeing to evaluate certain flight-control features, the Journal reported on Monday. The panel is expected to call for greater data-sharing and transparency among different governments, WSJ reported, with the draft report recommending reviewing and updating FAA guidance and day-to-day certification procedures to ensure the agency's early involvement in new onboard systems.
- Reuters
FAA chief to meet with Boeing officials, test 737 MAX simulator
New Federal Aviation Administration (FAA) chief Stephen Dickson plans to fly to Seattle this week to fly "newly configured" Boeing 737 MAX software in a simulator and will visit with Boeing officials, the agency said Monday. Boeing plans to revise the 737 MAX software to take input from both angle-of-attack sensors in the MCAS anti-stall system linked to two deadly crashes that led to a global grounding of the plane in March. The FAA confirmed that Dickson, who took over as administrator in mid-August, has no firm timeline for the grounded 737 MAX to resume flights or when Boeing will turn over final documentation.
- American City Business Journals
Boeing's new Air Force training jet gets historic name
One of the original Tuskegee Airmen, retired Col. Charles McGee — who flew more than 400 combat missions — was on hand for the ceremony.
- GuruFocus.com
4 Aerospace and Defense Companies to Consider Following Saudi Oil Attack
Stocks have outperformed the S&P; 500 over the past 6 months Continue reading...
- 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.
