|Bid||890.00 x 209000|
|Ask||945.00 x 175000|
|Day's Range||927.50 - 944.00|
|52 Week Range||635.00 - 944.00|
|PE Ratio (TTM)||-4.23|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
General Electric Co., the world’s biggest jet-engine maker, said it’s not prepared to share turbine production on Boeing Co.’s planned middle-of-market plane with its two global rivals.
Engine maker Rolls-Royce (RR.L) believes there is a market for a new mid-priced jet such as the one Boeing (BA.N) is currently exploring and would consider working with Boeing on it, an executive said on Friday. Boeing is studying a gap in the market between narrow-body jets and long-haul aircraft for a potential new airplane that could seat 220 to 260 passengers. "There is clearly a market, the question is how do you serve it?" Eric Schulz, president of civil aerospace at Rolls-Royce, told journalists at a briefing ahead of the Paris Air Show, which starts on Monday.
Even as short-sellers Carson Block and Dan David roiled stocks with bearish picks at the Sohn Conference in Hong Kong, most of the region’s top hedge fund managers stuck to a marked preference for going ...