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Stock Market & Financial Investment News

News Breaks
September 24, 2012
05:28 EDTBABoeing statement regarding U.S. Government compliance actions in subsidy ruling
Boeing issued the following statement about the actions that the Office of the U.S. Trade Representative announced today concerning the World Trade Organization's ruling last March on subsidies to the U.S. aerospace sector. "Boeing fully supports the actions the U.S. government announced that it has taken to address the relatively small amounts of subsidy that the World Trade Organization identified as inconsistent with its rules. The U.S.has now complied with the WTO ruling. Unfortunately, the same cannot be said of Airbus and its government sponsors, which have thumbed their noses at the WTO. Despite a crystal clear ruling against launch aid subsidies, European governments have continued the practice by providing Airbus with billions of taxpayer euros and pounds for its next new product, the A350. What is more, the European governments have yet to remove the very substantial subsidies, including those propping up the A380, which the WTO's ruling in June of last year requires them to do. The illegal subsidies to Airbus, most importantly the pernicious, market distorting practice of launch aid, must stop. The U.S. government remains committed to ending these subsidies, and Boeing fully supports the actions the U.S. government has taken to ending them."
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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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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
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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May 21, 2013
14:26 EDTBABoeing volatility low into investor day
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10:33 EDTBABoeing confirms completion of 747-8 test flight
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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.
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 EDTBAGE, 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
11:30 EDTBABoeing confirms Southwest converts 30 orders to 737 Max 7s from 737s
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