|Bid||0.00 x 1200|
|Ask||356.80 x 1800|
|Day's Range||354.20 - 359.87|
|52 Week Range||254.50 - 394.28|
|Beta (3Y Monthly)||1.69|
|PE Ratio (TTM)||22.38|
|Earnings Date||Oct 24, 2018|
|Forward Dividend & Yield||6.84 (1.87%)|
|1y Target Est||413.30|
Boeing is negotiating potential widebody jet deals with Korean Air, Thai Airways and IndiGo, while one of its longtime, exclusive customers in China is now talking with Airbus. Thai Airways International is weighing buying Boeing's new 777X or Airbus A350s as part of a plan to renew its widebody fleet, a senior executive told Reuters at an airline industry conference in South Korea. Thai Airways submitted a plan to its government to buy 23 jets worth $3 billion including widebodies, but it was returned to the airline's leadership for a fresh three-month review.
Aerospace analysts predict Boeing will report solid financial results on Oct. 24 thanks to better-than-expected widebody deliveries and growing airline spending on parts and maintenance.
President Donald Trump on Friday is scheduled to meet the chief executives of Lockheed Martin Corp. , Boeing Co. , Northrop Grumman Corp. and General Dynamics Corp. to discuss their supply chains, according to a Reuters report that cited people familiar with the meeting plans. The meeting will take place at Luke Air Force Base in Arizona, and on the table is a discussion about ways the companies can source more parts and materials domestically, the report said. Trump is scheduled to be on a tour and participate in a roundtable at the base on Friday, according to the White House.
Solid order growth must have boosted Boeing's (BA) backlog count, which should get duly reflected in the upcoming quarterly results.
U.S. President Donald Trump is scheduled to meet the chief executives of the biggest U.S. defense companies at Luke Air Force Base in Arizona on Friday to discuss how they can source more parts and materials domestically, people familiar with the meeting said on Friday. This is the second presidential meeting in as many weeks for executives from Lockheed Martin Corp (LMT.N), Boeing Co (BA.N), Northrop Grumman Corp (NOC.N) and General Dynamics Corp (GD.N) to discuss their supply chains, also referred to as their industrial base. During the roll out of the Defense Industrial Base Review on Oct. 5, executives from the four defense firms were invited to the Oval office for a meeting that turned into a 90 minute discussion with Trump, according to sources familiar with the meeting.
CEO Debbie Lee says construction starts this week and lots of hiring is ahead for her company as Boeing plans to boost airplane production.
While the space agency may take a bit longer to send astronauts on a trip around the moon, it is working quickly to ship technology there.
SEATTLE, Oct. 19, 2018 /PRNewswire/ -- Boeing [NYSE: BA] delivered the first 787-9 Dreamliner for Shanghai-based Juneyao Airlines. The new, super-efficient Dreamliner will also be the first widebody commercial jet operated by a privately-held Chinese airline. "This delivery is our airline's biggest milestone and marks a big step toward expanding our network in China and beyond," said Wang Junjin, Chairman, Juneyao Airlines.
It’s hard to be downbeat on a Friday, and stocks are reflecting an improved mood on Wall Street. Chinese markets rebounded overnight and earnings reports from PayPal (PYPL) and (PG) (PG) created some confidence. China’s third-quarter gross domestic product was the weakest since the financial crisis, which might have sunk stocks again Friday, had not government agencies come out in a chorus of confidence about the economy.
The company’s executives are bracing for “hundreds of millions of dollars” in earnings pressure next year from the expanded tariff lists. Caterpillar and Boeing dropped more than 1 percent while the Dow rose 0.5 percent.
The value of firm orders for Embraer SA's (EMBR3.SA) planes fell to its lowest point in more than five years, the company said on Friday, on a canceled JetBlue Airways Corp (JBLU.O) order and doubts about a new plane aimed at the U.S. regional jet market. Embraer's backlog, a gauge of future revenue, fell to $13.6 billion at the end of September, according to a securities filing. Deliveries of commercial planes also fell sharply in the third quarter to 15 commercial aircraft, compared to 25 a year earlier.
Rockwell Collins' (COL) Praetor jets will feature air-traffic-control-like situational awareness with ADSB-IN, and predictive wind shear radar capability.
The value of firm orders for Embraer SA's planes fell to its lowest point in more than five years, the company said on Friday, on a canceled JetBlue Airways Corp order and doubts about a new plane aimed at the U.S. regional jet market. Embraer's backlog, a gauge of future revenue, fell to $13.6 billion at the end of September, according to a securities filing. Deliveries of commercial planes also fell sharply in the third quarter to 15 commercial aircraft, compared to 25 a year earlier.
Northrop Grumman (NOC) is slated to report third-quarter earnings on Oct 24. The company's Aerospace Systems unit is expected to be the most significant contributor to its top line.
Elon Musk 's SpaceX has had a lot of attention recently for announcing that Japanese billionaire Yusaku Maezawa will be its first customer for a private space flight around the moon. Meanwhile, Jeff Bezos' Blue Origin reportedly plans to start selling $200,000 to $300,000 tickets in 2019 to send tourists on 11-minute suborbital space flights. Garriott co-founded Space Adventures , the only private space company to send tourists to space so far.
The last few days have been tough ones for too many investors in S&P 500 stocks. Though far from devastating, the existing backdrop of anxiety exacerbated the fear incited by the modest selloff. And traders still aren't sure what the foreseeable future holds. In simplest terms, it's just plain stressful. It's times like these when the "old school" approach of buy and hold -- meaning buy it and forget about it -- starts to sound compelling again. In other words, forget the day-to-day battles. Sit back and trust that time will do the heavy lifting for you. To that end, here's a rundown of 10 large-cap names that are well-suited for that precise approach. They're all S&P 500 stocks, and more than that, they're all names that don't require constant babysitting. You can count on them more or less being the same company a year from now, and even five years from now. In no particular order... SEE ALSO FROM KIPLINGER: 10 S&P 500 Stocks to Buy for Long-Term Outperformance
Engine maintenance provider Aero Norway has been selected to service CFM International CFM56-7Bs powering Scandinavian Airlines' 67 Boeing 737NGs.
Brazilian planemaker Embraer SA said in a securities filing on Friday that it delivered 15 commercial jets and 24 executive jets in the third quarter. The company, which is in the process of selling 80 percent of its commercial jet division to Boeing Co, also said that it had an order backlog that accounted for $13.6 billion at the end of September, down from $17.4 billion in the second quarter.
Textron (TXT) signs pact with NetJets for sale of 325 Cessna Citation aircraft with the first delivery expected in the second half of 2019.
A day after the Shanghai Composite Index plunged to a four-year low and Trump took new steps to escalate his trade war with Beijing, third-quarter growth figures showed China’s economy expanding at the weakest pace since the depths of the global financial crisis in 2009. Economic policy makers including Vice Premier Liu He, who also weighed in on Friday, are now left walking a tightrope.
Thai Airways International PCL (THAI.BK) is considering the purchase of Airbus SE (AIR.PA) A350s or Boeing Co (BA.N) 777X jets as part of a plan to renew its widebody fleet, a senior executive said on Friday. The airline submitted a plan to its government to buy 23 jets worth 100 billion baht ($3.07 billion) including some widebodies, but it was last month sent back to the new Thai Airways leadership team for a three-month review. "Hopefully the figures will not change too much because we need room for expansion," Thai Airways Vice President Alliances and Commercial Strategy Krittaphon Chantalitanon said of the order size on the sidelines of an industry conference.
Strong e-commerce demand is fuelling Asia's air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday. E-commerce is growing at pace in populous Asia, driven by Chinese behemoth Alibaba Group Holding Ltd (BABA.N) and rival JD.com Inc (JD.O), as well as others such as Japan's Rakuten Inc (4755.T), sponsor of Spanish soccer giants FC Barcelona.
Strong e-commerce demand is fuelling Asia's air freight market, with the U.S.-China trade war having minimal negative impact so far and in some cases even boosting shipments, industry executives said on Friday. E-commerce is growing at pace in populous Asia, driven by Chinese behemoth Alibaba Group Holding Ltd and rival JD.com Inc, as well as others such as Japan's Rakuten Inc , sponsor of Spanish soccer giants FC Barcelona.