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Stock Market & Financial Investment News

News Breaks
March 20, 2012
15:07 EDTBA, GEBoeing gets FAA certification for 787 Dreamliner with GE engines
Boeing (BA) received an amended type certificate from the U.S. Federal Aviation Administration for the 787-8 Dreamliner equipped with General Electric (GE) GEnx engines. The amended type certificate from the FAA formally recognizes that the 787 with GE engines has demonstrated compliance with federal regulations.
News For BA;GE From The Last 14 Days
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May 22, 2013
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 EDTBA, GEBoeing 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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06:31 EDTGEGE Capital board plans to pay $6.5B of dividends to parent GE in 2013
GE announced that the board of GE Capital Corporation, or GECC, had approved plans for GECC to pay $6.5Bin dividends in 2013 to GE. Earnings-dividend payments, which are subject to GECC Board and GE Board Risk Committee approvals, are planned at 30% of GECC's total 2013 earnings. GECC paid the first-quarter earnings-dividend of $447M to GE on April 19, 2013. In addition, GECC plans $4.5B in special dividends to GE in 2013, subject to the same approvals. Under its balanced capital allocation plan of investing for its long-term growth, maintaining an attractive dividend pay-out and repurchasing stock, GE plans to return $18B cash to its shareholders in 2013, including repurchase of $10B of stock.
05:46 EDTBABoeing look to improve more Dreamliner systems, WSJ reports
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May 17, 2013
10:09 EDTBABoeing to host investor meeting
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May 16, 2013
11:08 EDTBABoeing 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.
06:20 EDTBABoeing price target raised to $112 from $105 at Citigroup
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May 15, 2013
17:30 EDTGE, BAGE, Boeing warn of defective engine parts, WSJ reports
General Electric (GE) said more than 70 Boeing (BA) 777 models may be affected by an engine manufacturing defect, reports The Wall Street Journal. Reference Link
17:03 EDTGESoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
11:30 EDTBABoeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
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