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Experts React To Boeing's Confirmation Of 737 Max Production Halt
Tuesday, December 17, 2019 - 11:20am | 501Aircraft maker Boeing Co (NYSE: BA) confirmed Monday that it will temporarily pause production of its 737 Max jet. Investors may want to prepare for the possibility that production will never resume, according to Quilvest Wealth Management's Bob Parker. Boeing's Other Problems Boeing's...
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FAA Concerned About Boeing Text Messages That May Indicate Company Misled Agency On 737 Max
Friday, October 18, 2019 - 4:31pm | 526Boeing Co's (NASDAQ: BA) stock plummeted Friday after a report that the company this week gave federal investigators text messages from 2016 suggesting it may have misled officials probing the grounded 737 MAX airplane. Federal Aviation Administrator Steve Dickson sent a letter to Boeing saying...
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Barclays Downgrades Boeing After Survey Shows Long Road To Regaining Passenger Confidence
Tuesday, May 7, 2019 - 11:24am | 506Large numbers of fliers told Barclays in a survey that it would be a year or more before they’ll again be comfortable flying on Boeing Co (NYSE: BA)’s 737 MAX planes, leading the firm to downgrade the jet manufacturer's stock. The plane, Boeing’s signature commercial...
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WSJ: Boeing Failed To Disclose Known Safety Alert Problem
Monday, May 6, 2019 - 10:51am | 398Aircraft maker Boeing Co (NYSE: BA) was aware of a problematic cockpit safety alert for a year and didn't share the information with airlines and government regulators, The Wall Street Journal reported Sunday, citing industry and government officials. What Happened One of Boeing's...
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Is Weakness In Boeing A Sell Signal Or Buying Opportunity?
Thursday, March 22, 2018 - 3:53pm | 428Shares of Boeing Co (NYSE: BA) peaked at $371.60 and have since been a victim of the overall "choppy equity market," which shouldn't necessarily come as a surprise, according to Morgan Stanley. The Analyst Morgan Stanley's Rajeev Lalwani maintains an Equal-weight rating on...
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2 Big Dow Components Are Finding It Hard To Grow
Wednesday, April 26, 2017 - 11:47am | 501Generally speaking, the bigger the size of the company, the more difficult it is to grow. This concept was front-and-center after two major Dow components signaled to investors growing their business isn't an easy task. Procter & Gamble Shares of Procter & Gamble Co (NYSE: PG) were trading...
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Boeing To Trade 'Flat To Down' Going Forward, Buckingham Warns
Thursday, January 28, 2016 - 12:55pm | 353Boeing Co (NYSE: BA) on Wednesday released its Q4 2015 earnings, beating analysts' expectations on many fronts. While revenue was down compared to Q4 2014, it came in ahead of expectations (est. $23.40 billion, actual $23.60 billion). Boeing also beat analysts' consensus estimates for EPS...
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12 Ways To Invest In Airlines
Friday, November 6, 2015 - 3:05pm | 1617Airline stocks have been performing exceptionally well this year, as low fuel prices have lowered many companies' margins. Passenger numbers have also been on the rise; improving unemployment rates have given many families more spending power. As a result, many traders are looking to the industry...
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Deutsche Bank Offers 3 Reasons To Consider Boeing
Friday, February 27, 2015 - 11:41am | 244In a report published Friday, Deutsche Bank analyst Myles Walton offered three reasons why investors should consider buying shares of Boeing Co (NYSE: BA) "The market remains divided on Boeing," Walton wrote. "There is supporting evidence for both sides, but we squarely fall into...
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End of an Era? Boeing Cuts Back Production of its 747s
Monday, October 21, 2013 - 2:16pm | 793For more than 40 years, it's been an iconic part of American business – and has been Air Force One, transporting the American president. But now, after transporting over 5.6 billion people all over the world, demand for the Boeing (NYSE: BA) 747 appears be in its final glide path. Late last...