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Stock Market & Financial Investment News

News For BA From The Last 14 Days
Check below for free stories on BA the last two weeks.
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June 12, 2013
17:34 EDTBABell-Boeing joint project awarded $4.89B government contract modification
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11:39 EDTBAPentagon indicates deep cuts to contractors, Government Executive reports
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08:57 EDTBABoeing 787 Dreamliner flight canceled by ANA, Bloomberg says
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08:51 EDTBABoeing working with airlines after 787 glitches, Sky News reports
Boeing said it is working with customers after engine trouble grounded a 787 in Japan on Wednesday, Sky News reports, citing a statement from the company. Wednesday makes the third consecutive day of problems for Boeing's 787, the paper adds. Reference Link
June 11, 2013
08:57 EDTBABoeing receives U.S. Army contract for up to 215 Chinook helicopters
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07:15 EDTBAU.S. Navy to sign deal for 99 new V-22 tilt-rotor aircraft, Reuters reports
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07:07 EDTBABoeing increases 20-year outlook, sees $4.8T market
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06:47 EDTBABoeing raises long-term plane demand forecast, Reuters reports
Boeing increased its outlook for the amount of new planes that will be needed over the next 20 years to 24,670, according to Reuters. Last year the company had predicted that 23,240 new planes would be needed over the next two decades, the news service stated. Reference Link
06:06 EDTBAOn the Fly: Periodicals Wrap-Up
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June 8, 2013
13:16 EDTBAFAA discloses safety directive for maintenance issue on Boeing 737, WSJ says
The FAA revealed a safety directive that targets maintenance issues that have resulted in engine oil leaks in more than three dozen Boeing 737 aircraft, says the Wall Street Journal. Reference Link
June 7, 2013
07:43 EDTBABoeing volatility flat, shares near six-year high into Paris Air Show
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June 6, 2013
14:30 EDTBABoeing reports 7 new orders in weekly update
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08:08 EDTBABoeing price target raised to $115-$120 from $100-$105 at Wells Fargo
Wells Fargo increased its price target on Boeing as the firm thinks that investors' concerns about the stock have been addressed, and it expects the stock's multiple to increase. Wells keeps an Outperform rating on the shares.
08:06 EDTBABofA/Merrill's aerospace/defense analyst holds analyst/industry conference call
Aerospace & Defense Analyst Epstein, along with Richard Aboulafia, Vice President of Analysis at Teal Group, preview the upcoming Paris Air Show (6/17-6/23) on an Analyst/Industry conference call. Relevant covered companies BA, BEAV, COL, CR, DGI, ERJ, ESL, GD, GRMN, HEI, HII, HXL, LLL, LMT, NOC, PCP, ROLL, RTN, SPR, TDG, TGI, TXT, UTX, VSAT and WAIR may be included on the Analyst/Industry conference call to be held on June 11 at 10 am.
June 5, 2013
06:40 EDTBAJapanese pilots remain concerned about Boeing's 787, NY Times reports
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June 4, 2013
08:01 EDTBAUTC Aerospace Systems awarded the Boeing C17 services contract
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07:12 EDTBAAirlines increase spending on wide-body planes as profits grow, Bloomberg says
Airline executives (DLAKY) are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, reports Bloomberg.Reference Link
06:07 EDTBAOn the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: Strong demand for pickup trucks and sport-utility vehicles boosted U.S. sales in May for major automakers (F, GM, NSANY, TM), but the auto industry rebound that has helped buoy the U.S. economy since early last year is showing signs of leveling off, the Wall Street Journal reports...In the midst of North America's energy boom (CHK, HESS, RIG, OXY, MUR, APA), several long-serving CEOs and board chairmen have been booted in recent months, pushed out by activist shareholders demanding restraint and oversight. Others appear to be running scared, making shareholder-friendly gestures, including higher dividends and lower executive pay, the Wall Street Journal reports...REUTERS: Japan's government is set to urge the nation's public pension funds- a pool of over $2T -to increase their investment in equities and overseas assets as part of a growth strategy being readied by Prime Minister Shinzo Abe, sources say, Reuters reports...Two companies linked to Chinese state-backed groups- Chinalco Mining Corp. International or Hong Kong-listed MMG group -are weighing rival bids for Glencore Xstrata’s (GLNCY) roughly $5B worth of copper mines in Peru, sources say, Reuters reports...BLOOMBERG: Stocks gained in Europe and Asia after a Federal Reserve official said the bank is committed to record stimulus. The dollar strengthened, commodities fell and Turkish shares rebounded from the biggest drop in a decade, Bloomberg reports...Airline executives (DLAKY, are set to spend more on orders for the latest wide-body planes from Airbus SAS (EADSY) and Boeing (BA) as consolidation and cost cuts give them more reason for optimism for a rebound in earnings this year, Bloomberg reports.
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