BA - The Boeing Company
| Previous Close | 386.41 |
| Open | 386.14 |
| Bid | 386.50 x 1000 |
| Ask | 386.65 x 900 |
| Day's Range | 385.35 - 388.52 |
| 52 Week Range | 292.47 - 446.01 |
| Volume | 995,009 |
| Avg. Volume | 4,490,629 |
| Market Cap | 217.774B |
| Beta (3Y Monthly) | 1.27 |
| PE Ratio (TTM) | 44.37 |
| EPS (TTM) | 8.72 |
| Earnings Date | Oct 22, 2019 - Oct 28, 2019 |
| Forward Dividend & Yield | 8.22 (2.13%) |
| Ex-Dividend Date | 2019-08-08 |
| 1y Target Est | 411.14 |
Reuters VideosRyanair cuts jobs, offers O'Leary a $111mln bonus
Conflicting fortunes Thursday for Ryanair staff, and the Ryanair boss. Europe's largest budget airline says it plans to cut as many as 700 positions. Some could go at the Dublin headquarters. At least some will be compulsory redundancies. The move comes after the airline said it had a surplus of 500 pilots. It's a different story though for high-profile boss Michael O'Leary. On Thursday (September 19) Ryanair shareholders narrowly approved a bonus scheme that could see him pocket 100 million euros over five years. That's about 111 million dollars. To get the payout O'Leary has to either double profitability or double the share price within the period. One stumbling block to that in the near term: the airline's Boeing MAX jets are still stuck on the ground. The type has been out of operation for months following two fatal crashes at other airlines. Boeing hopes to get the all-clear for U.S. flights before the end of the year. But on Thursday O'Leary said it could be February or March before they're flying again in Europe.
- CBS News Videos
FAA expects first Boeing 737 Max report by end of the month
There are new details about the first in a series of investigations into Boeing's troubled 737 Max Jet. The aircraft has been grounded for more than six months after two deadly crashes killed 346 people. Kris Van Cleave reports.
- Zacks
Defense Stocks Set to Gain After Strike on Saudi Oil Facility
The drone attacks on Saudi oilfields increase the need for Saudi Arabia to strengthen its air defense missile systems. This is good news for U.S. defense majors.
- MarketWatch
The best time to book your holiday flights... is right now
’Tis the season to book your holiday flights. AAA Travel analyzed its flight booking data from the last three years to pinpoint the best window to make your Thanksgiving and Christmas plans. The following day (the 26th) is when travelers should start wrapping up their Christmas itineraries, as well.
- Reuters
UPDATE 1-Ryanair expects to be flying Boeing 737 MAX by Feb-March 2020
Ryanair thinks February or the start of March is the most realistic timetable for it to start flying the grounded Boeing 737 MAX aircraft, CEO Michael O'Leary said on Thursday. The Federal Aviation Administration (FAA) needs to approve proposed software and training changes by Boeing for the best-selling plane that has been grounded since March in the aftermath of two fatal crashes in five months. Major U.S. airlines have cancelled flights of the MAX into December, while Southwest Airlines Co has cancelled flights into early January.
- Reuters
Aviation watchdog may ask Boeing to set up 737 MAX simulators in India
India's aviation safety regulator may ask Boeing to set up simulators in India to train pilots on the 737 MAX planes once it clears the aircraft as safe for flying, a senior official with direct knowledge of the matter told Reuters. The 737 MAX, the fastest-selling plane in Boeing's history, has been grounded the world over since March in the aftermath of two fatal crashes in five months that killed 346 people. India's Directorate General of Civil Aviation (DGCA) will also conduct an independent inspection of the grounded planes once they are cleared for flying by the U.S. regulator, the Federal Aviation Administration (FAA).
- Investor's Business Daily
Air Force Eyes These Surprising Possibilities For Dropping Bombs
The Air Force has studied whether so-called mobility assets like cargo planes could be used to drop bombs, as the service grapples with a shortfall in its bomber fleet.
- Zacks
Boeing (BA) Outpaces Stock Market Gains: What You Should Know
Boeing (BA) closed the most recent trading day at $386.41, moving +0.58% from the previous trading session.
- Barrons.com
October Could Be a Make-or-Break Month for Boeing
CEO Dennis Muilenburg will testify before Congress on Oct. 30. And the company still plans to return the troubled 737 MAX to service before then.
- MarketWatch
Five stocks to consider buying as the industrial sector stages a rebound
The result has been a volatile year for top industrial firms that do business in Asia. Perhaps nothing illustrates this give-and-take better than the iShares U.S. Industrials ETF (IYJ) which has boomeranged from about $160 in September 2018 to a low of under $120 in early 2019 and then back to crest the $160 mark once more and set a new all-time high. If you’ve been holding the iShares U.S. Industrials ETF (IYJ) for the past 12 month, then you may have very little to show for it.
- Zacks
3 Large-Cap Dividend Stocks to Buy After Fed Cuts Interest Rates for Second Time
We searched, using our Zacks Stock Screener, for large-cap dividend stocks investors might want to buy after the U.S. Federal Reserve cut interest rates for the second time...
- Investor's Business Daily
This Company Could Become No. 2 Among All Aerospace And Defense Stocks
SpaceX could one day exceed the biggest legacy aerospace and defense stocks in market capitalization, according to a new Morgan Stanley report.
- American City Business Journals
Analyst: Boeing safe on future Air Force tanker orders
Problems are persisting for the Boeing Co.’s new KC-46 tanker, but one aerospace analyst says the manufacturer isn’t in any danger of losing out on future orders with the U.S. Air Force. “These are short-term problems,” says Richard Aboulafia of Virginia-based Teal Group. “But there is no doubt about the outcome.” Boeing (NYSE: BA) is currently on contract to build 52 KC-46A Pegasus tankers for the Air Force, though the service plans to eventually buy 179 — with hundreds more potential orders in the future as it works to replace its aging fleet of refueling aircraft. The contract Boeing is currently on was won after a long and contentious battle for the job with Airbus.
- MarketWatch
Airbus self-declares to authorities about 'potential wrongdoings' by several employees
Airbus SE said Wednesday that it has "self declared" to German authorities of "potential wrongdoings" by several employees, regarding customer documents related to two future procurement projects. The German projects are part of its communications, intelligence and security business. The aerospace giant and Boeing Co. chief rival said the disclosure was the result of an ongoing internal review, which was supported by an external law firm. Airbus said it will fully cooperate with authorities to resolve the matter. The U.S.-listed shares of Airbus rose 0.6% in midday trading and Boeing shares tacked on 0.1%, while the Dow Jones Industrial Average fell 61 points, or 0.2%.
- InvestorPlace
10 Defense Stocks to Buy During Rising Geopolitical Tensions
Editor's note: "10 Defense Stocks to Buy During Rising Geopolitical Tensions" was previously published in June 2019. It has since been updated to include the most relevant information available.Remarkably, the Trump administration has not yet started a war despite multiple geopolitical flash points. On top of the ongoing trade war with China, the U.S. must contend with a number of tense situations. Therefore, defense stocks are particularly relevant now.Initially, this may sound like a strange statement to make. After all, even the most bullish investors will concede that this market rally has overextended itself. Thus, we should welcome a correction to work out some of the excess optimism. Under this environment, the best stocks to buy feature protective elements, such as strong track records of dividend payouts.InvestorPlace - Stock Market News, Stock Advice & Trading TipsObviously, defense stocks primarily take the term protection quite literally. But even though President Trump -- who is typically aggressive with his word choice and blunt with his delivery -- is uncharacteristically quiet about certain geopolitical situations, don't mistake that for an immediately peaceful resolution. We have many problems that will require a big stick, and perhaps the capacity to wield it.For instance, the situation in Iran may soon reach a fever-pitch. Trump opted to hit the country with economic sanctions in response to Iran downing an American military drone.But in response, Iranian President Rouhani called the White House "mentally handicapped." Outraged, Trump threatened to obliterate parts of Iran if they attacked any more American assets. That is just begging for an uptick in defense stocks. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Iran is just one of several geopolitical flashpoints. And behind each one looms Russia, supporting interests antithetical to our own. Again, this situation is begging for a defense-industry rally. Here are the 10 best stocks to buy in this sector: Lockheed Martin (LMT)Source: Shutterstock Several factors support the robust lift in Lockheed Martin (NYSE:LMT) shares this year. But one of those factors is that among defense stocks, Lockheed Martin represents the military's front face. Most folks are familiar with the company's F-35 Lightning II. However, Lockheed is the backbone for America's squadrons of fighter jets, bombers, and multi-functional aircraft.At this stage, many may feel it's vital for the U.S. to show some muscle, which in turn benefits LMT stock. First, the U.S. has lost significant credibility on the world stage.Our sudden weakness in foreign policy isn't without consequences. Surely, it has inspired Russia to throw its weight around, realizing the penalties for belligerence is minimal. Thus, I like LMT stock to rise higher. Northrop Grumman (NOC)Source: Steve Jurvetson via Flickr (modified)Although seemingly less celebrated than Lockheed Martin in the public space, Northrop Grumman (NYSE:NOC) is no lightweight. In fact, Northrop is one of the most critical defense stocks to buy due to its highly guarded proprietary technologies. That attribute will play a key role, especially in this atmosphere.One of the reasons why I like NOC stock for the long haul is its upcoming B-21 Raider stealth bomber jet. According to the company's information, the B-21 can penetrate the toughest air defenses and strike targets anywhere in the world. The idea that a precision payload can arrive at someone's doorsteps should be a significant deterrent. * 7 Momentum Stocks to Buy On the Dip Ultimately, that's a net positive for NOC stock. Boeing (BA)Source: WikimediaIt's easy to forget that Boeing (NYSE:BA) is actually one of the best stocks to buy in the defense industry. Right now, the main focus is how the company will navigate the minefield that is the Boeing 737 Max jetliner. After two fatal crashes linked to the aircraft's faulty software, BA stock took a beating.But with each passing day, the controversy fades slightly more into the background. Eventually, like most controversies involving publicly traded companies, the 737 Max will become a footnote. Right now, though, BA stock is an undervalued play in the defense sector.In addition to the B-1B Lancer, Boeing manufacturers the F-15 and F/A-18 Super Hornet, which the Air Force and Navy deploys, respectively. Although these two fighter jets don't generate headlines like the advanced F-35, they're considerably cheaper. If we dive further into a conflict, resources will be limited.Thus, Boeing is still very much relevant among defense stocks. Raytheon (RTN)Source: Shutterstock A key reason why no nation has attacked the U.S. in modern times is its ability to respond from anywhere. Among defense stocks, that attribute is no more emblematic than in shares of Raytheon (NYSE:RTN).Famous for the Tomahawk cruise missile, Raytheon leads in offensive weapons capabilities.However, so much has changed in the military space since the Tomahawk came out. With our adversaries making significant progress in electronic warfare, it's imperative that Raytheon also take the lead in defensive technologies. They're doing exactly that with their Next Generation Jammer Mid-Band, or NGJ MB.When it becomes operational in 2022, the NGJ MB will allow our aircraft to fly deeper into enemy territory. This allows our forces to establish air superiority, deliver weapons payloads, and support the troops on the ground. * 7 Discount Retail Stocks to Buy for a Recession Raytheon's comprehensive approach to defense makes RTN stock an easy buy. Huntington Ingalls Industries (HII)Source: WikipediaNaval warfare is as old as war itself. Nevertheless, it is still one of the most relevant and crucial components of our armed forces.Whenever a foreign conflict breaks out, the U.S. Navy can respond with alarming speed thanks to its unprecedented fleet. But to keep this pace up requires ships, and that's where Huntington Ingalls Industries (NYSE:HII) and HII stock comes in.As America's largest military shipbuilding company, Huntington Ingalls is easily one of the defense sector's best stocks to buy. Several naval warships are aging badly, requiring multiple replacements. HII stands to benefit significantly from the order stream. Indeed, they're backlogged with requests, which is naturally positive for HII stock.Also, this is a great opportunity to show some love for the U.S. Coast Guard, which HII also serves. The overlooked maritime service, the Coast Guard directly defends our territorial waters. Thus, their operations are intricately linked to our overall security umbrella. TransDigm Group (TDG)Source: Shutterstock In some ways, defense stocks are glamorous investments. Whenever a conflict breaks out, the underlying companies' products are on full display in the national news media.That said, one of the best stocks to buy within the broader security network is TransDigm Group (NYSE:TDG). Hardly a household name, TDG stock likewise doesn't get much airtime. It should, though, as shares are up over 40% year-to-date.If further tensions arise, expect TDG stock to build off this rally. That's because TransDigm operates in the background, specializing in seemingly mundane aerospace components, such as pumps, valves, and actuators. Not exactly Tom Clancy material, I concede. * 10 Battered Tech Stocks to Buy Now However, it's these small details that keep our military machinery running. It's one of the reasons why the U.S. is a superpower. Leidos (LDOS)Source: Jarek Tuszyński via Wikimedia (Modified)Currently, most defense stocks are kinetic. What I mean is that their underlying "products" deliver brute-force impact on both hard and soft targets. From a purely guttural level, nothing gets the point across more than a kinetic response.However, the warfare of tomorrow will increasingly shift toward the digital realm. This is actually a more sinister pathway, allowing military forces to conquer societies without leveling infrastructures; thus, they can use said infrastructures for their own good. It's a terrifying scenario, one that Leidos (NYSE:LDOS) helps to ensure we stay on the right side of.Simply from a technical point of view, LDOS stock is one of the best stocks to buy anywhere. On a year-to-date basis, Leidos shares have gained over 50%. More impressively, the ride up is almost linear.So what makes LDOS stock so compelling? Leidos has many specialties, including cybersecurity. Cyberwarfare represents one of the easiest ways for our enemies to wreak havoc. To prevent this, Leidos deploys next-generation threat assessment and response measures. Booz Allen Hamilton (BAH)For defense stocks to stay relevant, the underlying organizations must address the threats of tomorrow. What keeps the military brass up at night is not necessarily the kinetic threat, as we previously mentioned. Instead, it's the digital realm that could render the most damage without shedding any blood.The reason why cyber-threats are so worrisome to our security forces is that they're often asymmetric. Under the kinetic framework, we have an obvious adversary: the Kremlin, which wages war against us online.It sounds like science-fiction but it's becoming a frightening reality. To ensure that we stay above this next-gen threat, Booz Allen Hamilton (NYSE:BAH) deploys an offensive cybersecurity platform. Rather than wait for a threat to strike, this system actively hunts them down. * 7 Stocks to Buy In a Flat Market Consequently, BAH stock is one of the best stocks to buy in the defense arena. On a YTD basis, shares are up over 50%. Kratos Defense & Security Solutions (KTOS)Source: Kratos Defense & Security Solutions Iran's downing of an American military drone -- with conflicting reports about where it happened -- may well go down as the catalyst for a new Middle Eastern conflict.But in the future, this embarrassing incident may become a relic of a bygone era. That's because companies like Kratos Defense & Security Solutions (NASDAQ:KTOS) are developing the next wave of advanced drones. Unlike prior iterations, these drones will carry offensive payloads: in other words, they have the ability to punch back, deterring any shenanigans.What will drive KTOS stock higher is the company's XQ-58 Valkyrie. Small and nimble, the Valkyrie can carry a 550-pound payload. Better yet, they're designed with economy in mind. Therefore, these drones can achieve air superiority with minimal cost and no loss of life (for our service members). Olin (OLN)As I mentioned above, defense stocks will increasingly focus on digital threats. However, that doesn't mean the kinetic element will go away. It's not just a matter of imposing our will on belligerent states. Rather, the kinetic approach is usually the cheapest.That's why I don't think you should ignore organizations like Olin (NYSE:OLN). A chemicals specialist, OLN stock has significant exposure to the defense industry. Earlier this year, the U.S. Army awarded Olin with an $85 million contract to provide small-caliber ammunition.Although that's small potatoes, I expect Olin to consistently pick up these types of contracts. Relatively speaking, small-caliber ammunition is dirt cheap to produce. Also, with the company's Winchester brand, they can service the consumer market as well. * 7 Deeply Discounted Energy Stocks to Buy Considering that we have more guns than people in the U.S., that's a strong incentive to buy OLN stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy for a Dovish Fed * 7 Stocks That Insiders Are Buying * 5 High-Price Stocks to Buy Worthy of Your Portfolio The post 10 Defense Stocks to Buy During Rising Geopolitical Tensions appeared first on InvestorPlace.
- Reuters
Lone 737 MAX criss-crossed Canada for pilot checks during grounding
MONTREAL/PARIS (Reuters) - While the world's Boeing 737 MAX fleet remains grounded after two fatal crashes, a solitary Air Canada plane has been spotted in the skies, shuttling between Quebec and Ontario. In a rare exemption, approved by Canadian aviation regulator Transport Canada, the 11 flights in August and September were partly to maintain the qualifications of senior training pilots, Air Canada told Reuters in response to a query about flight tracking data. A spokesman for Air Canada said the airline was not able to use similar 737s within its fleet "to maintain check pilot authority in alignment with (Canadian aviation regulations)".
- Reuters
UPDATE 3-Airbus revises up jet demand, warns of 'lose-lose' tariff war
Airbus raised its 20-year forecast for jetliner demand on Wednesday despite expected slower growth in traffic, as it predicts airlines will replace ageing fleets with smaller, more fuel-efficient new planes. The industry faces a squall of new pressures from trade tensions, the partial unwinding of globalisation and an anti-flying campaign from climate activists, notably in Europe. Airbus Chief Commercial Officer Christian Scherer voiced alarm about the prospect of a tit-for-tat tariff war between the United States and Europe after the World Trade Organization signalled that Washington can impose sanctions in a long-running dispute over aircraft subsidies.
- Financial Times
Lloyd’s of London chief promises to improve gender equality
The chief executive of Lloyd’s of London said it would take two to three years to turn round the financial performance of the market as he promised further action to improve diversity at all levels of the business. Half-year results released on Wednesday showed some progress, although efforts to make Lloyd’s more diverse took a step backwards with the departure of another senior female executive. Lloyd’s said Annette Andrews, the chief people officer, would leave after five years at the market.
- American City Business Journals
Ex-Microsoft boss named CEO of Seattle aviation analytics company
The Seattle-based company is a joint venture between Aviation Partners, the maker of fuel-saving winglets for Boeing commercial aircraft, and iJet Technologies.
- American City Business Journals
Oregon climate group targets Boeing in hard-hitting cap and trade ad
"Boeing should focus more on keeping pollution out of the air, and keeping planes in the air," a new ad says.
- Reuters
UPDATE 1-House panel asks Boeing CEO to testify Oct 30 on 737 MAX
The U.S. House Transportation and Infrastructure Committee formally asked Boeing CEO Dennis Muilenburg on Tuesday to testify on the now grounded 737 MAX that has been involved in two deadly crashes since October 2018 that killed 346 people. The panel's chair, Representative Peter DeFazio, also asked John Hamilton, the chief engineer of Boeing’s Commercial Airplanes division, to appear. "Boeing has received the Committee’s invitation and is reviewing it now.
