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Stock Market & Financial Investment News

News Breaks
July 16, 2014
08:10 EDTUTX, BA, GE, RYCEY, EADSYBoeing, Airbus narrow engine choices in move toward efficient jets, WSJ says
As Boeing (BA) and Airbus (EADSY) have introduced more efficient jets, the plane makers have had to narrow the range of engine choices they offer for the most fuel-saving models, reported The Wall Street Journal. Airbus' just launched A330neo has an exclusive Rolls-Royce (RYCEY) engine, as compared to the previous choices from General Electric (GE) and United Technologies' (UTX) Pratt & Whitney, while Boeing previously picked GE to exclusively develop the engine for the 777-300ER. Reference Link
News For BA;EADSY;GE;UTX;RYCEY From The Last 14 Days
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November 14, 2014
08:00 EDTGEHalliburton, Baker deal would face 'intense' DOJ scrutiny, says Jefferies
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November 13, 2014
12:52 EDTBABoeing reports 90 new orders since last update
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11:12 EDTGEHungary to buy Budapest from GE Capital, Reuters reports
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10:04 EDTGEGE opens $500M Brazil Technology Center
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08:52 EDTEADSYInfosys among suitors for Airbus' CIMPA unit, Economic Times says
Infosys (INFY) is among the suitors looking to acquire CIMPA, the engineering services unit of Airbus (EADSY), said Economic Times, citing people familiar with the matter, who added that Infosys could also get a revenue assurance from Airbus as part of a deal. Reference Link
07:26 EDTGEGE sees great infrastructure demand in developing markets, Reuters says
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07:12 EDTBAOracle to hold a meeting
2014 OAGi Plenary Meeting is being held in Redwood City, California on November 13-14.
06:31 EDTRYCEY, EADSYAirbus A350-900 receives FAA Type Certification
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06:22 EDTRYCEYRolls-Royce expects to complete sale of energy unit to Siemens by year-end
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November 12, 2014
09:01 EDTGEGE to build advanced manufacturing facility in Pennsylvania
GE announced that it will build a new manufacturing facility to drive innovation and implementation of advanced manufacturing technologies across GE. The new facility represents a $32M investment over three years by the company and will result in the creation of 50 high-tech engineering jobs initially, in disciplines ranging from mechanical and electrical to systems and software engineering. These technologists will join GE’s global network of 50,000 world-class scientists, engineers, and skilled labor who are working to solve some of the world’s toughest challenges. The new facility reflects GE’s belief that the intersection of technology and manufacturing – marrying hardware with software – is bringing a new era of manufacturing. The site will be located outside of Pittsburgh in Findlay Township, PA to capitalize on the renowned academic institutions and skilled workforce in the area. Construction is expected to begin in March 2015 to be completed by September 2015.
08:05 EDTGEGoldman to hold a conference
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07:10 EDTBAFly Leasing to sell 8 Boeing 757 aircraft
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05:52 EDTUTXUTC Aerospace Systems signs LOI with AVIC Xi'an Aircraft
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November 11, 2014
09:31 EDTUTXShejiang Loong Airlines selects Pratt & Whitney AeroPower foor Airbus A320
Pratt & Whitney AeroPower has signed a long-term auxiliary power unit maintenance support agreement with Zhejiang Loong Airlines for its new fleet of 30 Airbus A320 family aircraft, including nine A320neos. The agreement also covers repair and spares support services. First aircraft deliveries are scheduled to begin in 2015. Pratt & Whitney is a United Technologies company.
08:04 EDTUTXUTC Aerospace Systems selected by China Airlines
UTC Aerospace Systems has been selected by China Airlines to supply the wheels and carbon brakes for its fleet of 14 Airbus A350-900 aircraft. The company will provide the equipment through its Landing Systems facility in Troy, Ohio. China Airlines will take delivery of their first A350-900 aircraft in 2016. UTC Aerospace Systems is a unit of United Technologies.
08:01 EDTGEGE Healthcare, Takeda enter into alliance agreement for R&D in hepatic fibrosis
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November 10, 2014
09:04 EDTEADSYExelis, Airbus partner to provide missile warning capabilities for F-16 aircraft
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07:12 EDTBACA Technologies to hold a conference
CA World 2014 is being held in Las Vegas on November 9-12.
06:30 EDTGEGlobal LED lighting market ste to rach $25.7B in 2014, DigiTimes says
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05:29 EDTBABoeing, SMBC Aviation announce order for 80 737 MAXs
Boeing and SMBC Aviation Capital announced an order for 80 737 MAX 8s, valued at more than $8.5B at list prices. This is the largest single order for 737 MAXs from a leasing company and will help SMBC Aviation Capital grow its portfolio of high-demand, fuel-efficient airplanes. Boeing's Current Market Outlook forecasts that airlines will need more than 25,600 single-aisle airplanes like the 737 MAX over the next 20 years.
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