417.80 +0.22 (0.05%)
After hours: 4:30PM EST
|Bid||417.50 x 800|
|Ask||417.99 x 3100|
|Day's Range||415.68 - 422.41|
|52 Week Range||292.47 - 422.41|
|Beta (3Y Monthly)||1.33|
|PE Ratio (TTM)||23.39|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||8.22 (2.01%)|
|1y Target Est||440.00|
The most important U.S. stock right now isn't a FANG. It isn't even a tech stock. One strategist says, hands-down, it is aerospace giant Boeing. Yahoo Finance's Brian Sozzi reports.
Boeing and Airbus are in a race to supply jets for the longest flight in the world, which will be operated by Australian airline Qantas.
In the spirit of the great Eric Miller, Chief Strategist at Donaldson, Lufkin and Jenrette when I worked there in the 1990s, here are some Random Gleanings from today's market activity. There is no bigger Duke Blue Devil fan than me. To see Zion Williamson go down 36 seconds into the game after his Nike PG 2.5 blew out was really disheartening to Duke fans everywhere.
Airbus has begun lining up tentative orders for a longer-range version of its A321 jetliner, seeking to exploit signs of hesitation at arch-rival Boeing over whether to develop a new model in a hotly contested niche of the airplane market. The European firm is in detailed talks with airlines over the price and timing of the longer-range design - known as A321XLR - and has pencilled in some orders subject to a formal launch later this year, industry sources said. Airbus is looking for 200-300 draft orders before committing to build the A321XLR, aiming to limit the space available for a mid-market alternative that Boeing hopes to launch in a gap between medium-haul and long-haul jets.
Qantas Airways Ltd. risks learning that lesson with its ambitious plan to create a world-spanning network of ultra-long-haul routes. Fuel costs rose A$416 million ($296 million) in the first half, driving the carrier's key measure of underlying profit before tax to its biggest decline in four-and-a-half years, according to results announced Tuesday. The pain was particularly concentrated on longer overseas routes, which accounted for just over half of the increased kerosene spending. In the years since jet fuel prices reset lower in 2014, Qantas has been exchanging its fleet of aging and gas-guzzling Boeing Co. 747-400s for 787-9 Dreamliners, arguably the most efficient passenger jets in the skies.
The $11 billion Industrial Select Sector SPDR Fund, ticker XLI, took in over $565 million on Wednesday, its most since November 2016. The fund is the largest industrial ETF and tracks companies such as Boeing Co., Honeywell International Inc. and Caterpillar Inc.
Spirit AeroSystems Inc. on Thursday announced that it has partnered with Aerion Corp. for work on the company’s supersonic AS2 business jet. The company said in a press release that it has partnered with Nevada-based Aerion to work on the preliminary design of the aircraft’s forward, pressurized fuselage. Financial terms of the agreement were not disclosed. “Joining a project team this early allows us to apply our technical expertise and commercial best practices to make the positive impact,” Tom Gentile, CEO of Spirit (NYSE: SPR), said in a statement. “We are proud to partner with Spirit AeroSystems.
Ariane 6, Europe's next-generation space rocket, is expected to win its first two commercial launch orders in coming weeks, company officials said, a key milestone as the European launcher vies for orders against Elon Musk's U.S. competitor SpaceX. Operator Arianespace faces increased competition from SpaceX and Blue Origin, owned by Amazon CEO Jeff Bezos. Ariane 6 has three institutional orders in hand from the European Commission and France and is close to signing deals with two commercial customers, said Mathias Spude, spokesman for ArianeGroup, a joint venture of Airbus and Safran, that is the majority stakeholder in Arianespace.
Analyzing Honeywell's First-Quarter Dividend(Continued from Prior Part)Honeywell’s dividend yield As of February 19, Honeywell’s (HON) dividend yield was 2.14%, which is higher than its dividend yield of 2.06% at the end of the fourth quarter.
Has Trump Managed to Breach the Great Wall of China?(Continued from Prior Part)TrumpAccording to Reuters, citing two unnamed sources, US and China “Negotiators are drawing up six memorandums of understanding on structural issues: forced technology
U.S. stocks ended in the green as investors digested minutes detailing the deliberations from the Federal Open Market Committee’s latest meeting.