News Breaks |
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| January 17, 2013 |
| 07:12 EDT |  | UTX, SPR, COL, PCP, BA, LMIA, ESL | Impact to Boeing, suppliers from 787 grounding modest, says Wells Fargo
After the FAA announced that it would temporarily ground Boeing's (BA) 787 Dreamliner planes, Wells Fargo estimates that the agency's action could, in what is likely a worst-case scenario, reduce the company's 2013 free cash flow by about 8%-9%, or $500M. Wells predicts that Boeing will continue to produce Dreamliners at the current rate, meaning the impact on suppliers' EPS would also be modest, according to the firm. Wells maintains Outperform ratings on Boeing, Esterline Technologies (ESL), LMI Aerospace (LMIA), Rockwell Collins (COL), Spirit AeroSystems (SPR), and United Technologies Corporation (UTX). It maintains a Market Perform rating on Precision Castparts (PCP). |
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News For BA;ESL;LMIA;PCP;COL;SPR;UTX From The Last 14 Days Check below for free stories on BA;ESL;LMIA;PCP;COL;SPR;UTX the last two weeks. |
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| May 23, 2013 |
| 11:08 EDT |  | BA | Boeing reports 107 new orders in weekly update
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| 07:55 EDT | | BA | Boeing 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. |
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| 06:29 EDT |  | BA | Software firm Luxoft files for IPO in New York, Bloomberg reports
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| 05:51 EDT | | BA | China 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 |
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| 05:43 EDT | | BA | Boeing price target raised to $120 from $105 at Deutsche Bank
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| May 22, 2013 |
| 08:43 EDT | | BA | Boeing sees $6.9T commercial airplane market opportunity over 20 years
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| 08:38 EDT |  | BA | Boeing 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. |
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| 07:39 EDT |  | BA | Wolfe Trahan to host a conference
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| May 21, 2013 |
| 14:26 EDT |  | BA | Boeing volatility low into investor day
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| 10:33 EDT | | BA | Boeing confirms completion of 747-8 test flight
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| 07:18 EDT | | UTX | Electrical Products Group to host a conference
2013 EPG Conference is being held on Longboat Key, Florida on May 20-22 with webcasted company presentations to begin on May 21 at 7:30 am; not all company presentations may be webcasted. Webcast Link |
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| 07:09 EDT | | BA | Boeing's Dreamliner returns to service in U.S. ,NY Times reportd
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| May 20, 2013 |
| 11:25 EDT | | BA | Boeing volatility at low end of historic range as shares at record high
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| 07:20 EDT | | BA | Boeing 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. |
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| 07:16 EDT | | BA | Boeing 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. |
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| 05:46 EDT | | BA | Boeing look to improve more Dreamliner systems, WSJ reports
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| May 17, 2013 |
| 10:09 EDT | | BA | Boeing to host investor meeting
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| May 16, 2013 |
| 11:08 EDT | | BA | Boeing announces 115 new 737 orders in weekly update
Boeing on its website announced 115 new orders in its weekly update consisting of 35 737s for Southwest Airlines, 70 737s for Turkish Airlines, and 10 737s for WestJet. In the changes category, Boeing reduced 737 net orders by 30. |
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| 09:37 EDT | | LMIA | LMI Aerospace management to meet with Deutsche Bank
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| 09:35 EDT |  | PCP | Precision Castparts initiated with a Buy at Topeka
Target $255. |
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