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Stock Market & Financial Investment News

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June 24, 2014
07:51 EDTBA, GE, CATRepublicans oppose Export-Import Bank reauthorization amid probes, WSJ says
Four officials at the Export-Import Bank of the U.S. have been suspended or removed in recent months amid investigations of attempts to steer contracts to favored companies along with allegations of gifts and kickbacks, said The Wall Street Journal, citing several people familiar with the matter. Two of the top three House Republican leaders now say they won't agree to reauthorize the charter for the agency, which helps finance export deals for a number of U.S. companies, including General Electric (GE), Caterpillar (CAT) and particularly Boeing (BA), which is one of the largest beneficiaries of the agency's financing, the report noted. Reference Link
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August 29, 2014
08:44 EDTGEQuirky drops out of bidding to buy appliance unit from GE, Bloomberg says
August 28, 2014
08:12 EDTBAAerCap agrees to purchase, leaseback of 7 Dreamliners with Virgin Atlantic
AerCap Holdings announced that it has signed agreements with Virgin Atlantic Airways for the purchase and leaseback of seven Boeing 787 Dreamliners that Virgin Atlantic Airways has on order from Boeing. The lease terms for all aircraft are twelve years and deliveries will start in October.
03:17 EDTBAAir Transport Services unit to return four DHL-owned freighters
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August 27, 2014
14:02 EDTBAAir Transport Services unit to return four DHL-owned freighters
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08:30 EDTBAMorgan Stanley believes aerospace cycle concerns are overblown
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07:06 EDTBAIridium continues on track for its NEXT satellite
Iridium (IRDM) announced the successful upgrade of its System Control Segment and completion of its Launch and Early Operations control center for Iridium NEXT, the largest new commercial satellite constellation in the world. The overall development of the SCS is performed by Boeing (BA), which will continue operating the constellation through its transition to Iridium NEXT and beyond as the company's operations and maintenance provider.
05:47 EDTBAAerCap delivers first 787 Dreamliner to Royal Jordanian
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August 25, 2014
10:01 EDTGEHill-Rom reports settlement in patent infringement lawsuit with GE
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07:34 EDTGEBristow Group appoints Akiri Chief Corporate Development officer
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06:17 EDTBABoeing, BOC Aviation announce order for 82 airplanes for $8.8B
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August 22, 2014
18:16 EDTGE, BAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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18:05 EDTGEGeneral Electric awarded $123.4M government contract
General Electric Company, Lynn, Massachusetts, has been awarded a maximum $123,409,100 firm-fixed-price contract for compressor parts. This contract is a sole-source acquisition. This is a five-year base contract, with no option periods. Location of performance is Massachusetts, with an Aug. 21, 2019 performance completion date. Using military service is Army. Type of appropriation is fiscal 2014 Army working capital funds. The contracting activity is the Defense Logistics Agency Aviation, Redstone Arsenal, Alabama.
08:01 EDTGEGE CFS, VNG.co to support expansion of CNG fueling infrastructure
GE Capital Fleet Services announced an agreement with VNG.co, a national CNG fueling facility provider, to support the expansion of the CNG refueling infrastructure for light-duty fleet vehicles. Through the agreement with VNG, GE Capital Fleet Servicesí customers will be able to take advantage of the increasing accessibility of CNG fueling stations, minimize overall fuel costs and meet financial and environmental objectives through the use of a lower cost, more stably priced, environmentally friendly and domestically sourced fuel.
August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
August 20, 2014
10:39 EDTCATCaterpillar data may be negative for shares in short-term, says Wells Fargo
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10:35 EDTCATCaterpillar reported world Machines sales down 9%
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08:11 EDTGEGE Healthcare Life Sciences announces new U.S. headquarters in MA
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August 19, 2014
17:31 EDTGEGE plans to invest $3.5B in aircraft engine unit, Nikkei says
General Electric plans to invest $3.5B in its aircraft engine business over the five years to 2017, as it looks to boost production, says Nikkei. Reference Link
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
06:22 EDTGEGeneral Electric in talks with Electrolux to sell appliance business, WSJ says
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