|Bid||41.58 x 1400|
|Ask||88.50 x 900|
|Day's Range||86.37 - 88.03|
|52 Week Range||59.68 - 105.20|
|PE Ratio (TTM)||30.13|
|Earnings Date||Jul 31, 2018 - Aug 6, 2018|
|Forward Dividend & Yield||0.48 (0.57%)|
|1y Target Est||103.05|
WICHITA, Kan. , July 17, 2018 /PRNewswire/ -- Spirit AeroSystems has announced the creation of a new research and development complex at its manufacturing site in Prestwick, Scotland. Innovation efforts ...
Losses from cyberattacks on cryptocurrency exchanges, initial coin offerings and other digital currency platforms totaled $141 million in 2016 and $805 million so far in 2018. A graphic with a Business & Finance article Monday about thefts of cryptocurrencies incorrectly said losses were $225 million and $830 million, respectively.
Commercial aerospace rivals Boeing and Airbus line up jet orders as the industry's biggest event of the year gets under way.
A court has ruled that Spirit AeroSystems Inc. won’t have to pay the Boeing Co. for certain pension and retiree medical costs related to its 2005 spin off from Boeing’s commercial facilities in Wichita.
Spirit AeroSystems [NYSE: SPR] and Norsk Titanium US Inc. (NTi), have reached an agreement to initiate qualification of Spirit’s first additive-manufactured, titanium, structural component for the Boeing 787. This qualification will validate NTi’s production and industrialization processes, integrate Spirit’s workscope of machining final parts from additively manufactured near-net shapes and verify material and final part conformity to requirements. “Spirit has had a comprehensive and long relationship with Norsk Titanium, and this part will be our first additive structural titanium component incorporated into a commercial airplane program,” said Spirit AeroSystems Senior Vice President of Fabrication and Supply Chain Management, Ron Rabe.
"Spirit has had a comprehensive and long relationship with Norsk Titanium, and this part will be our first additive structural titanium component incorporated into a commercial airplane program," said Spirit AeroSystems Senior Vice President of Fabrication and Supply Chain Management, Ron Rabe. NTi is the world's first FAA-approved, OEM qualified, supplier of additive-manufactured, structural titanium components. NTi's proprietary Rapid Plasma Deposition™ (RPD™) process has been in serial production of Boeing 787 titanium components since April, 2017.
Boeing Co. and Airbus SE, swamped with orders for new jets, are struggling to deliver them all on time—in some cases angering customers and delaying payments. Airbus has missed a number of delivery deadlines, forcing airline customers to find alternatives, change routes or cancel flights. The missed deliveries mean delayed payments because most cash changes hands only upon delivery.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on June 19. Over the last one-month, outflows of investor capital in ETFs holding SPR totaled $230 million.
The defense jet is staying stateside for Farnborough 2018, but other Textron Aviation and Textron Aviation Defense products will be on display.
The announcement came after the Delaware Supreme Court ruled that the planemaker is not entitled to recover certain costs associated with the 2005 sale of its production facilities in Wichita, Kansas to Spirit. Boeing is expected to report second-quarter results on July 25.
The announcement came after the Delaware Supreme Court ruled that the planemaker is not entitled to recover certain costs associated with the 2005 sale of its production facilities in Wichita, Kansas to Spirit. Boeing is expected to report second-quarter results on July 25. Analysts on average were expecting earnings of $3.45 per share, according to Thomson Reuters I/B/E/S.
An integrated team from the Boeing Co. and the U.S. Air Force have cleared the final flight tests required for first delivery of the KC-46A Pegasus tanker. The first delivery of the tanker is planned for late October, and will go to McConnell Air Force Base in Wichita.
The specially adorned aircraft will fly in Southwest's system through the end of August, with upcoming destinations to be updated online at FlightAware.
The Greater Wichita Partnership is helping lead a local coalition to the biggest commercial and defense aerospace event of the year.
As of May 31, AAR Corp's (AIR) cash and cash equivalents were $31.1 million, reflecting a massive improvement from $10.3 million as of May 31, 2017.
Airbus on Tuesday unveiled the new name and look for the C Series passenger jet as it prepares to head to the Farnborough International Airshow next week with the newest member of its commercial lineup firmly in the fold. Now known as the A220, Airbus showed off the jet and its new factory color scheme at a special event near its headquarters in Toulouse, France. Airbus became the 50.01 percent majority shareholder of the Bombardier-developed plane following the close of the deal between the two companies on July 1 that included no cash on the part of the European manufacturer. Instead, Airbus will now leverage its sales network to try and boost sales of the aircraft, while also pushing the supply chain to bring down costs on the jet. Bombardier spent billions, including government money in Canada, to bring the C Series to the market after a troubled development program marred by delays and cost overruns.
Vancouver, British Columbia--(Newsfile Corp. - July 10, 2018) - Sproutly Canada Inc. (CSE: SPR) is the latest new listing on the Canadian Securities Exchange, following a reverse take-over with Stone Ridge Exploration. Sproutly, through its indirect wholly owned subsidiary Toronto Herbal Remedies Inc. recently received its Access to Cannabis for Medical Purposes Regulations license from Health Canada to cultivate cannabis.InvestmentPitch Media has produced a "video" which provides a brief overview of the company. If ...
Spirit AeroSystems Inc. is upgrading its careers website to create a more efficient and informative portal for job seekers and the company. Spirit (NYSE: SPR) said on Twitter on Monday, however, that no new applications will be able to submitted while the site is under construction.
Sproutly Canada, Inc. (formerly Stone Ridge Exploration Corp.) (“Sproutly" or the “Company”) is pleased to announce that effective at the open of the market today, Sproutly’s common shares will be listed and will commence trading on the Canadian Securities Exchange (the "CSE") under the three-letter ticker symbol "SPR". Sproutly is an ACMPR Licensed Producer of cannabis that strives to meet the evolving needs of cannabis consumers across Canada. Its mission is to become a vertically integrated cannabis consumer products company, bringing together best-in-class cultivation, secured distribution solutions, and advanced technologies to redefine the cannabis industry.
The CEO of Wichita’s largest employer is taking advantage of a recent project in conjunction with Harvard Business School to help him more efficiently lead the company. Tom Gentile, CEO of Spirit AeroSystems Inc., and his assistant recently spent 13 weeks tracking how he spends his time as part of Harvard Business School’s CEO Time Study. In a new report from the Harvard Business Review on that study, Gentile says that the exercise and subsequent discussions with researchers offered up valuable ideas about how he might tweak his day-to-day approach to become an even more effective chief executive. Some of the specific findings of Gentile’s time tracking included: • An average workweek, including travel time, of 73.3 hours.
Sproutly Canada, Inc. (formerly Stone Ridge Exploration Corp.) (“Sproutly Canada" or the “Company”) is pleased to announce that it has closed the previously announced proposed plan of arrangement under the Canada Business Corporations Act (the “Arrangement”) pursuant to which, among other things, Sproutly, Inc. ("Sproutly") completed a reverse takeover of Stone Ridge Exploration Corp. (“Stone Ridge”). Immediately prior to the completion of the Arrangement, Stone Ridge completed a consolidation of its issued and outstanding common shares on the basis of one post-consolidation share for every two pre-consolidation shares.
Airbus and Boeing will continue to dominate the market over the next 20 years, giving Wichita a role in nearly all of the new aircraft the European manufacturer now expects the world to need.
City of Wichita plans continued strategic hiring throughout 2018, including increased staffing at the police department by the end of the year.
The Boeing Co. and Brazil-based Embraer on Thursday announced an agreement that would make the U.S. manufacturer the 80-percent owner of Embraer’s $4.75 billion commercial jet unit in a deal that could signal more potential future work on those aircraft for Wichita in the future. Spirit (NYSE: SPR) CEO Tom Gentile said on a conference call following Spirit’s first-quarter earnings report that one of the things that made Asco an attractive buy was work that the company had won on high-growth programs for the future that included the Embraer 190 and 195 regional jets.