BA - The Boeing Company
| Previous Close | 313.37 |
| Open | 309.82 |
| Bid | 308.37 x 900 |
| Ask | 308.40 x 1200 |
| Day's Range | 302.74 - 312.84 |
| 52 Week Range | 302.74 - 446.01 |
| Volume | 17,720,737 |
| Avg. Volume | 5,785,188 |
| Market Cap | 173.453B |
| Beta (5Y Monthly) | 1.19 |
| PE Ratio (TTM) | 46.39 |
| EPS (TTM) | 6.64 |
| Earnings Date | Jan 28, 2020 |
| Forward Dividend & Yield | 8.22 (2.62%) |
| Ex-Dividend Date | Feb 11, 2020 |
| 1y Target Est | 352.20 |
- TechCrunch
Boeing partners with Tactical Robotics to develop VTOL tech
Boeing has signed a new agreement with Israel-based Tactical Robotics, an exploratory deal that will see the two companies work together jointly on "developing, producing and marketing" aircraft with vertical take-off and landing (VTOL) capabilities based on Tactical Robotics' "Fancraft" enclosed rotor technology. Already, the Urban Aeronautics-owned Tactical Robotics has developed "Cormorant," an autonomous flying car vehicle that has the footprint of roughly a Humvee, but that can take off and land vertically thanks to its Fancraft rotors. This new arrangement between the two companies will begin with exploring options for Cormorant in terms of production and deployment for potential applications, including disaster response.
- TheStreet.com
How Investors Should Approach Boeing's Dividend
Boeing's CEO Dave Calhoun said that the company doesn't plan to cut or suspend the dividend. Here's why that may be short-lived.
- Investor's Business Daily
Dow Jones Lags Nasdaq On Another Boeing Sell-Off; This Security Stock Breaks Out
The Nasdaq composite and semiconductor indexes are still beating the Dow Jones Industrial Average in January. This growth stock broke out.
ReutersUS STOCKS-S&P 500, Nasdaq on track for record closing highs
Tech shares led all three major U.S. stock averages into the black, with the S&P 500 and the Nasdaq setting a course to notch new record closing highs, the day after virus fears prompted a sell-off. Streaming pioneer Neftlix Inc acknowledged stiffer competition in the United States, where quarterly growth fell short of analyst estimates.
- Investor's Business Daily
Boeing Backs Dividend While 737 Max Will Miss Another Summer Travel Season
Boeing stock pared losses after the new CEO reaffirmed the company's dividend even with the 737 Max headed for another summer stuck on the ground.
- American City Business Journals
SpaceX to blast more satellites into orbit
Hawthorne, California-based SpaceX is targeting 10:54 a.m. on Jan. 24 to launch 60 satellites from Cape Canaveral. The launch — company’s third this year — is its latest move to build a constellation of satellites and provide internet service in the U.S. as early as this year. The weather there on Jan. 24 is 80% favorable for launch, according to the 45th Weather Squadron — an Air Force unit based in Cape Canaveral.
- Reuters
US STOCKS-S&P 500, Nasdaq hit record highs on IBM, chip power
The S&P 500 and Nasdaq hit record highs on Wednesday as a strong forecast from IBM added to optimism over corporate earnings, while investors assessed risks from a virus outbreak in China. International Business Machines Corp shares jumped 3.4% after it forecast full-year profit above market expectations on strength in its high-margin cloud computing business. Technology stocks, which have played a big role in Wall Street's recent record run, rose 0.9%, with chip stocks gaining after a strong forecast from Dutch semiconductor equipment maker ASML Holding NV.
- Reuters
Boeing CEO says he expects to resume 737 MAX production before mid-year
WASHINGTON/CHICAGO (Reuters) - Boeing Chief Executive Dave Calhoun told reporters on Wednesday the U.S. planemaker expects to resume 737 MAX production months before its forecasted mid-year return to service and said it did not plan to suspend or cut its dividend. The company announced a production halt in December, when the global grounding of the fast-selling 737 MAX following two deadly crashes in five months looked set to last into mid-2020.
- American City Business Journals
5 takeaways from United Airlines' Q4 earnings call
The Chicago-based carrier is delivering strong financials as it grapples with many uncertainties tied to the troubled Boeing 737 MAX plane.
- MarketWatch
Boeing’s earnings could be ‘an absolute disaster,’ analyst says
Boeing Co.’s fourth-quarter earnings are shaping up to be “an absolute disaster” after the aerospace company pushed back its 737 Max return to service timeline to possibly midyear.
- Reuters
Avolon CEO sees new Boeing MAX timeline as 'worst case scenario'
Boeing said on Tuesday it does not expect to win approval for the return of the 737 MAX to service until mid-year due to further potential developments in the certification process and regulatory scrutiny on its flight control system. "The best news I've heard on the MAX grounding was yesterday, when Boeing said June-July," Avolon chief executive Domhnal Slattery told a conference in Dublin, adding he hoped it marked the beginning of the end of the MAX crisis.
- Reuters
No alternative to grounded Boeing 737 MAX, Aercap CEO says
There is no alternative to the grounded 737 MAX and it would be "absolutely stupid" for Boeing to launch a replacement before the next wave of technology a decade from now, the head of one of the world's top aircraft lessors said on Wednesday. Aengus Kelly, chief executive of Aercap , which has committed to a fleet of 100 MAX jets, told Reuters in an interview he had spoken to all of the biggest MAX operators in the world and said they still viewed it as a very good plane. Kelly was speaking after Boeing on Tuesday warned of further delays in returning its grounded 737 MAX airliner to service, with the plane not likely to be cleared by U.S. regulators until the middle of the year.
- Benzinga
Wall Street Weighs In On Boeing's Latest 737 Max Delay
Boeing Co (NYSE: BA) shares took a hit this week following reports that the grounded 737 Max won’t be cleared for flight by regulators until June or July. The 737 Max has been grounded by regulators since March of 2019 due to safety concerns after 346 passengers died in two crashes. Several Wall Street analysts have weighed in on Boeing this week.
- Zacks
Analysts Estimate Boeing (BA) to Report a Decline in Earnings: What to Look Out for
Boeing (BA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Investor's Business Daily
Nasdaq Rallies To New High As Stocks Rebound, But Boeing Drags The Dow
The Dow Jones Industrial Average was barely positive near midday Wednesday, as the stock market pared early gains, but the Nasdaq rallied to a new high.
- Reuters
United says does not expect to fly the 737 MAX this summer
United Airlines Holdings Inc does not expect to fly the Boeing 737 MAX this summer, President Scott Kirby said on Wednesday, following news from Boeing Co that it does not expect to win approval for the MAX to fly again until mid-year. United and other U.S. airlines that operate the 737 MAX had been scheduling flights on the aircraft in June, based on assumptions that the aircraft could receive regulatory approval in the first quarter.
- MarketWatch
GE's stock sinks to extend losing streak as Boeing's 737 MAX issues poses a risk ahead of earnings
Shares of General Electric Co. sank 1.2% in morning trading, putting them on track for a sixth straight loss, and 10th loss in 11 days, amid concerns over the fallout from Boeing Co. pushing out expectations for the return of its 737 MAX planes. Analyst Andrew Obin said Boeing's announcement on Tuesday "increases the likelihood" that the 737 MAX production pause is extended through the first half of 2020, which would impact GE since GE makes the 737 MAX's engines. Obin reiterated his neutral rating on GE's stock and his $12 price target. "In our 4Q19 GE preview, we highlighted 737 MAX issues as a potential risk for GE in 2020," Obin wrote in a note to clients. Both Boeing and GE are slated to report results on Jan. 29, before the opening bell. The stock has run up 27.2% over the past three months, but has lost 4.9% during its six-day losing streak, while Boeing shares have shed 9.0% and the Dow Jones Industrial Average has gained 9.0%. A 6-day losing streak for GE's stock would be the longest since the 7-day stretch of losses ended on Dec. 5.
- Barrons.com
GE Stock Has Soared Since October. Boeing’s 737 MAX Delays Could Put Its Rally at Risk.
One analyst called out “downside risks” for Boeing suppliers, including General Electric, Honeywell International, and Parker Hannifin.
- Benzinga
How 737 Max Delays Are Impacting General Electric
Boeing Co (NYSE: BA) shares are down 4% this week on reports the company has been telling customers its 737 Max likely won’t be cleared to fly until June or July, months later than it had previously expected. Obin said 737 Max suppliers are missing out on revenues while the grounding drags on. The good news for Boeing suppliers is that most of them have diversified businesses, with exposure to defense or other industrial customers.
- Reuters
WRAPUP 2-U.S. home sales surge to near two-year high; supply at record low
U.S. home sales jumped to their highest level in nearly two years in December, the latest indication that lower mortgage rates are helping the housing market to regain its footing after hitting a soft patch in 2018, though record low inventory could be an obstacle to continued strong gains. The report from the National Association of Realtors on Wednesday followed on the heels of government data last week showing homebuilding raced to a 13-year high in December. Renewed housing market momentum could soften some of the hit on the economy from manufacturing as the thaw in U.S.-China trade tensions is offset by Boeing's suspension this month of production of its troubled 737 MAX plane.
