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Stock Market & Financial Investment News

News Breaks
February 28, 2013
06:15 EDTRYCEY, BA, GE, EADSYChina close to approval of $16B jet engine plan, Reuters reports
China is determined to reduce its dependency on foreign companies like Boeing (BA), EADS-owned Airbus (EADSY), General Electric (GE) and Rolls Royce (RYCEY) for its growing demand for airplanes and engines, reports Reuters. The Chinese government's cabinet may soon approve an aircraft engine development program that will require investment of at least $16Bn), according to the state-run Xinhua news agency.
News For BA;EADSY;GE;RYCEY From The Last 14 Days
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May 23, 2013
11:08 EDTBABoeing reports 107 new orders in weekly update
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07:55 EDTBABoeing price target raised to $120 from $100 at BofA/Merrill
BofA/Merrill raised Boeing's price target to reflect higher delivery forecasts for the 737 and 787. Shares are Buy rated.
06:29 EDTBASoftware firm Luxoft files for IPO in New York, Bloomberg reports
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06:07 EDTGEBank of Ayudhya denies report of Mitsubishi UFJ offer for GE stake, Reuters says
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05:51 EDTBAChina approves commercial service for Boeing 787 Dreamliner, WSJ reports
China's aviation regulator gave approval for Boeing's 787 Dreamliner aircraft to begin commercial service with the nation's airlines, sources say, reports the Wall Street Journal. Reference Link
05:43 EDTBABoeing price target raised to $120 from $105 at Deutsche Bank
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May 22, 2013
14:48 EDTGEGeneral Electric considering IPO for some parts finance unit, Bloomberg says
General Electric CEO Jeffrey Immelt said the company is considering an IPO for some parts of its finance unit, reports Bloomberg, citing comments from Immelt. Reference Link
11:31 EDTGEGeneral Electric reaffirms 2013 operating framework
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08:43 EDTBABoeing sees $6.9T commercial airplane market opportunity over 20 years
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08:38 EDTBABoeing affirms view of FY13 core EPS $6.10-$6.30, consensus $6.48
Repeats forecast for FY13 revenue $82B-$85B, consensus $83.86B. Says focused on additional 737 and 787 rate breaks, with expectations for rate increases to drive financial performance. Information from slides for Annual Investor Conference.
07:39 EDTBAWolfe Trahan to host a conference
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07:24 EDTGEElectrical Products Group to host a conference
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May 21, 2013
14:26 EDTBABoeing volatility low into investor day
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10:33 EDTGE, BABoeing confirms completion of 747-8 test flight
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08:44 EDTGERegulators to soon vote on non-banks, WSJ reports
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07:09 EDTBABoeing's Dreamliner returns to service in U.S. ,NY Times reportd
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May 20, 2013
11:25 EDTBABoeing volatility at low end of historic range as shares at record high
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07:20 EDTBABoeing price target raised to $105 from $98 at JPMorgan
JPMorgan raised its price target for Boeing citing expectations for higher 787 profitability and keeps an Overweight rating on the stock.
07:16 EDTBABoeing price target raised to $115 from $100 at Stifel
Stifel increased its price target on Boeing, citing several factors including resumption of 787 deliveries and production work on 787-9, improved margins, and better than expected results from its defense business. The firm keeps a Buy rating on the stock.
07:05 EDTGEGeneral Electric volatility flat into plans to return $18B to holders
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