New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 8, 2012
06:46 EDTEADSY, CBS.A, BRGYY, STO, CBS, UBS, WLLOn The Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: CBS (CBS) is considering allowing online outlets to stream TV shows currently on the air, reports the Wall Street Journal...REUTERS: Statoil (STO) has approached Whiting Petroleum (WLL) with a potential bid worth up to $7.6B, Reuters reports, citing a report from benzinga.com...UBS's (UBS) German subsidiary is under investigation for allegedly abetting tax fraud, according to Reuters...FINANCIAL TIMES: German prosecutors raided two EADS (EADSY) offices in the Munich area and the Eurofighter office at Hallbergmoos as part of a probe into Typhoon jet payments five years ago, the Financial Times reports...DAILY MAIL: BG Group (BRGYY) may be vulnerable to a hostile takeover bid after its recent "bombshell" warning to investors to expect no output growth in 2013, the Daily Mail reports.
News For A;WLL;STO;EADSY;UBS;BRGYY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 2, 2015
12:22 EDTUBSBrazil investigates banks for exchange rate manipulation
Subscribe for More Information
July 1, 2015
18:20 EDTWLLShell CEO says Opec production has pressured shale companies, FT reports
In an interview with the Financial Times, Shell (RDS.A, RDS.B) CEO Ben van Beurden said Opec's decision not to cut production has sent a "powerful signal... to shale oil companies as well as their financiers that they cannot forget the price risk. The industry will remember it for some time." The CEO noted that industry efforts to boost efficiency and cut costs should keep production going for "a while to come... until the sweet spots start running out." Publicly traded companies in the space include Chevron (CVX), Anadarko Petroleum (APC), Exxon Mobil (XOM), BP (BP), Marathon Oil (MRO), BHP Billiton (BHP), ConocoPhillips (COP), Pioneer Natural Resources (PXD), EOG Resources (EOG), Concho (CXO), Whiting Petroleum (WLL), and Continental Resources (CLR). Reference Link
15:36 EDTEADSYEngine makers compete for Chinese contracts after Airbus order, Reuters says
Following China's large Airbus (EADSY) order on Tuesday, certain aircraft engine manufacturers are competing to secure contracts with Chinese airlines, reports Reuters, citing industry sources. Reuters notes that the Airbus A330s ordered by China are available with a choice of engines from General Electric (GE), United Technologies (UTX), and Rolls-royce (RYCEY). Reference Link
June 30, 2015
08:17 EDTEADSYAirbus sued by AirAsia crash families for ‘dangerous’ systems, Bloomberg says
Subscribe for More Information
05:33 EDTEADSYAerCap adds first Airbus A350XWB to aircraft fleet
AerCap (AER) took delivery of its first Airbus (EADSY) A350 XWB during a ceremony at the Airbus Delivery Centre in Toulouse. AerCap immediately handed the aircraft over to Vietnam Airlines on a long-term lease, making the airline the world's second operator of the A350 XWB.
June 29, 2015
09:33 EDTEADSYLockheed Martin signs purchase agreements with Airbus for two flight simulators
Lockheed Martin (LMT) Commercial Flight Training and Airbus (EADSY) have signed a frame contract enabling Airbus to expedite procurement of flight simulation devices for their customers, Airbus training centers and their affiliates worldwide. The frame contract emphasizes the shared intent to partner on future training programs, and combines Airbus' and Lockheed Martin Commercial Flight Training's expertise in the flight simulation industry. As a first example of this process, Airbus Mexico Training Centre has ordered two LMCFT A320 full flight simulators for their operations in Mexico City and Monterrey to be delivered in late 2015 and early 2016.
June 26, 2015
08:46 EDTEADSYAirbus hoping to close on Chinese wide-body jet order next week, FT reports
Airbus is hoping to close one of its biggest Chinese orders by value next week as it enters the final state of long series of negotiations over the sale of up to 70 A330 wide-body jets, the Financial Times reports. The Chinese government is in talks over an order of between 50 and 70 A330 aircraft worth up to $17.8B at brochure prices, the report says. The order would help the company keep its production line running as it makes the transition from the extant A330 to a new re-engined version due to enter service in 2017, the Financial Times reports. Reference Link
June 25, 2015
19:34 EDTEADSYAirbus, Qualcomm, others invest $500M in OneWeb's global internet initiative
OneWeb announced it has raised $500M in funding from a number of companies, including Airbus (EADSY), Bharti, EchoStar's (SATS) Hughes, Intelsat (I), Qualcomm (QCOM), Coca-Cola (KO), Totalplay, and Virgin Group. OneWeb is engaged in developing satellite technologies to "beam" broadband internet to rural and underdeveloped locations, as well as to ships, planes, trains, and oil platforms. Bharti chairman Sunil Bharti Mittal will be joining Airbus Group CEO Tom Enders as well as Virgin's Richard Branson and Qualcomm's Paul Jacobs on the OneWeb board of directors. OneWeb also reiterated its June 15 announcement of its joint venture with Airbus to design and manufacture 900 microsatellites. "We are committed to giving our full industrial and space expertise to this mission," remarked Airbus' Tom Enders. "Intelsat has the world’s largest fleet of Ku Band geostationary satellites and our interoperability will enable pole-to-pole and urban canyon coverage with new services," said Intelsat. Note that both Facebook (FB) and Google (GOOG) are working on similar projects to facilitate global internet access. Reference Link
June 24, 2015
18:16 EDTEADSYGoogle, GE, Airbus lead in sheer number of meetings with EU officials
Subscribe for More Information
June 23, 2015
11:48 EDTEADSYAirbus in talks to sell 50-70 A330 jets to China, Reuters reports
China is in talks to buy 50-70 A330 wide-body jets from Airbus, Reuters reports, citing sources familiar with the talks. The report notes that Airbus has been in talks for nearly 18 months to set up an A330 cabin-completion center in China. Reference Link
07:34 EDTWLLGlobal Hunter Securities to hold a conference
Subscribe for More Information
June 22, 2015
08:28 EDTEADSYAirbus dispatches engineers to Zodiac to help overcome delays, Bloomberg says
Subscribe for More Information
06:18 EDTEADSYSuppliers worried about Airbus, Boeing production rate hike, Reuters reports
Major engine suppliers, including General Electric (GE) and Safran, are becoming worried that they may lose out if they invest to meet higher commercial jet production targets from Airbus (EADSY) and Boeing (BA) that may prove unsustainable, Reuters reports. Airbus and Boeing have plans to raise production rates of their best selling single aisle planes by 25% to 50-52 a month in 2017-2018, the report says. Suppliers have said that they need to secure the start of a steep rise in output before making a commitment to even loftier targets, the report says. Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use