-
Cathie Wood's Ark Has Nearly Exited Its Boeing Position
Wednesday, December 15, 2021 - 7:52am | 557Cathie Wood-led Ark Invest has nearly cut all its exposure in Boeing Co (NYSE: BA) and now owns just 100 shares in the Chicago-based planemaker, data from the popular money manager’s daily trades reveal. The St. Petersburg, Florida-based Ark Invest bought shares in the maker of 737 MAX...
-
Boeing 737 MAX Flies Back Mid-Air In India Due To Technical Issue
Friday, December 10, 2021 - 5:04am | 289A Boeing Co. (NYSE: BA) 737 MAX jet run by India’s low-cost carrier SpiceJet turned back mid-air due to an emergency after pilots shut down an engine due to a technical issue, Bloomberg News reported, citing an executive from the country’s aviation regulator. What Happened: The 737...
-
GE Expected To Ink $2B Deal With Vietnam's Bamboo Airways For Dreamliner Engines Today
Tuesday, September 21, 2021 - 2:50am | 413General Electric Co (NYSE: GE) and Vietnam’s leisure airline Bamboo Airways are set to sign a $2 billion deal on Tuesday, Reuters reported citing the airline. What Happened: As part of the deal, the Vietnamese airline would buy GEnx engines to power the Boeing Co’s (NYSE: BA)...
-
Spirit Aerosystems, Iridium, Trimble, Unity, Jaws Spitfire And More: These Are Cathie Wood's Key Trades From Friday
Monday, September 13, 2021 - 12:03am | 459Cathie Wood-led Ark Invest on Friday further lowered her exposure in Boeing Co’s (NYSE: BA) key supplier Spirit Aerosystems Holdings Inc (NYSE: SPR). The popular money manager has been sharply lowering exposure in Boeing and its supplier since last week after European budget airline Ryanair...
-
Boeing Board Will Have To Face Shareholder Lawsuit Over 737 MAX, Rules Delware Court
Thursday, September 9, 2021 - 2:59am | 353Boeing Co (NYSE: BA) board will have to face a shareholder lawsuit over allegations that the aircraft maker's directors failed to monitor safety issues before the two 737 MAX jets crashed and lied about the oversight to management, a Delaware judge has ruled, The Wall Street Journal...
-
Amazon, Pfizer, Roku, Boeing And More: These Are Cathie Wood's Key Trades From Tuesday
Wednesday, September 8, 2021 - 4:43am | 512Cathie Wood-led Ark Invest on Tuesday sharply reduced its exposure in Boeing Co (NYSE: BA) a day after European budget airline Ryanair Holdings Plc (NASDAQ: RYAAY) called off talks with the planemaker for a potential 737 MAX 10 jet order, worth billions of dollars, due to differences over pricing....
-
Boeing Bleeding Orders To Airbus Due To Unrealistic Pricing, Says Ryanair CEO As Companies End Talks On Aircraft Purchase
Monday, September 6, 2021 - 11:06pm | 377Boeing Co’s (NYSE: BA) largest customer outside the U.S. — the European budget airline Ryanair Holdings Plc (NASDAQ: RYAAY) — said on Monday it has ended talks with the planemaker related to a potential new order worth billions of dollars for the 737 MAX 10 jets due to...
-
Boeing 737 MAX Takes Key Step To Getting Ban Lifted In China With Test Flight
Wednesday, August 11, 2021 - 1:24am | 315Boeing Co (NYSE: BA)’s 737 MAX plane took its maiden test flight in China above Shanghai on Wednesday, Reuters reported — citing flight-tracking website Flightradar24. What Happened: A 737 MAX 7 test plane that is in China to win back regulator confidence, took off from Shanghai...
-
If You Invested $1,000 In Southwest Airlines Stock One Year Ago, Here's How Much You'd Have Now
Monday, August 2, 2021 - 1:51pm | 504Investors who have owned stocks in the past year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the past 12 months is 36.3%. But there is no question some big-name stocks performed better than others along the way. Southwest’s Big Run:...
-
Jim Cramer Mourns For Short Sellers Who Bet Against AMD, Google, Boeing
Thursday, July 29, 2021 - 2:16am | 514CNBC host Jim Cramer said that Wednesday was a day to mourn for short sellers who bet against Advanced Micro Devices Inc. (NASDAQ: AMD), Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) and Boeing Co. (NYSE: BA). What Happened: Cramer made the comments on CNBC’s “Mad Money” show after...
-
Boeing Shares Slump On 787 Delivery Halt
Wednesday, July 14, 2021 - 2:11pm | 404Boeing Co (NYSE: BA) shares are down 4.3% so far this week after the company reported disappointing first-quarter delivery numbers and announced its second 787 delivery halt in less than a year. What Happened? On Tuesday, Boeing announced that undelivered 787s would need more work after the Federal...
-
Jim Cramer Says Don't Go Buying Boeing Dip Just Yet
Tuesday, June 29, 2021 - 2:46am | 263Boeing Co’s (NYSE: BA) shares can be bought at even lower levels if investors wait, CNBC’s "Mad Money" host Jim Cramer said on Monday as shares of the planemaker fell. What Happened: Boeing shares fell over 3% on Monday, its biggest one-day decline since May, after reports...
-
Boeing Said To Have Lost Its Top Lobbyist In Washington
Tuesday, June 22, 2021 - 12:28am | 298Boeing Co’s (NYSE: BA) longtime top lobbyist and political strategist Tim Keating has left the company, Reuters reported on Monday, citing a company memo. What Happened: Boeing confirmed Keating's exit and that the planemaker is hunting for a replacement without providing any details...
-
Options Traders See Higher Altitudes Ahead For Boeing's Stock
Monday, May 24, 2021 - 6:12pm | 670Reuters released a report on May 21 stating Boeing Co (NYSE: BA) plans to increase production of its 737 MAX Planes to 31 per month by March and 42 per month by fall 2022. Following the report, Morgan Stanley issued a statement that noted, “We do not expect Boeing to...
-
Why Textron's Bizjet Market Could Take Off With Upgrade
Monday, April 19, 2021 - 3:09pm | 261Textron Inc. (NYSE: TXT) is poised to benefit from an improvement in the Bizjet market as the COVID-19 pandemic subsides, while risks to the company’s two FVL (future vertical lift) programs seem lower after early indications from President Joe Biden's administration, according to...