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Boeing 737 Max Cleared For Takeoff After 19-Month Grounding, European Regulator Says
Friday, October 16, 2020 - 11:25am | 425Roughly 19 months after the Boeing Co (NYSE: BA) 737 Max was grounded due to safety concerns, regulators have finally once again cleared the aircraft for takeoff. What Happened? On Friday, the European Union Aviation Safety Agency said Boeing’s safety changes to the 737 Max are...
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Union Pacific Option Trader Makes $1.2M Bet On 5% Downside
Monday, June 22, 2020 - 9:15pm | 734Union Pacific Corporation (NYSE: UNP) shares are up 43.1% in the past three months. The railroad giant appears to be chugging along thanks to optimism that the U.S. economy is on the track to a full recovery in the long-term. However, one large option trader on Monday morning made a big bet that...
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Boeing Shares Lose Altitude On New Coronavirus-Driven Concerns
Friday, April 24, 2020 - 3:44pm | 410Shares of airplane maker Boeing Co (NYSE: BA) were down nearly 6% Friday after The Wall Street Journal reported that the grounded 737 MAX may not return to the skies until late summer or early fall. 737 MAX's Return Up In The Air The fate of Boeing's grounded 737 MAX hinges...
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9 Beaten-Down Travel Stocks To Buy, Sell And Hold
Tuesday, March 31, 2020 - 12:25pm | 1450The entire stock market is taking a beating from the coronavirus (COVID-19) outbreak, but travel bans and quarantines around the world have ground the travel industry to a halt. Travel stocks have plummeted to multi-year lows. While some investors see the sell-off as a long-term opportunity to...
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Large Option Trader Buying Nektar Calls Following Stock Crash
Friday, August 9, 2019 - 2:03pm | 629Nektar Therapeutics (NASDAQ: NKTR) crashed more than 30% Friday after the company reported a huge second-quarter sales miss. Nektar also said manufacturing problems may have impacted the results of several studies of its NKTR-214 cancer treatment drug, which it has been testing in combination with...
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Bausch Sees Clearer With Less Debt
Tuesday, June 25, 2019 - 2:28pm | 605Bausch Health Companies Inc (NYSE: BHC) jumped 3% on Tuesday after the company announced it has taken a major stride in paying down its massive debt load. Bausch, which changed its name from Valeant Pharmaceuticals roughly a year ago, announced Tuesday it's using $100 million in cash from...