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Stock Market & Financial Investment News

News Breaks
July 15, 2014
08:10 EDTCIT, BACIT Group places order for 10 787-9 Boeing Dreamliners
CIT Group (CIT) announced from the Farnborough International Air Show that CIT Aerospace has placed an order with Boeing (BA) for 10 787-9 Dreamliner aircraft.
News For CIT;BA From The Last 14 Days
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August 27, 2015
09:01 EDTBABoeing completes 777X firm configuration
Boeing announced the completion of the firm configuration milestone for the 777-9, the first member of the 777X family to be developed. The Boeing 777X team reached this significant design milestone after working closely with airline customers and key suppliers to optimize the configuration of the new airplane. The 777X family includes the 777-8 and the 777-9 - both designed to respond to market needs and customer preferences. The 777-8 and 777-9 provide significant range, payload and fuel burn advantages compared to the A350. The 777X program has received orders and commitments for 320 airplanes from six customers worldwide. Production is set to begin in 2017.
August 26, 2015
19:54 EDTBABoeing to enter JV with Saudia Aerospace Engineering, Alsalam Aircraft
Boeing has signed an agreement with Saudia Aerospace Engineering Industries, or SAEI, and Alsalam Aircraft to create the Saudi Rotorcraft Support Center in the Kingdom of Saudi Arabia. The joint venture will have locations in Riyadh and Jeddah providing comprehensive, in-country maintenance repair and overhaul support for Saudi Arabia's diverse rotorcraft fleet. Through in-country cooperation, the companies are focused on expanding the Saudi workforce through creation of self-sustaining jobs, technical skills development for local workers and further involvement of the Saudi aerospace supply base. The joint venture will support the Kingdom's commercial and defense rotorcraft platforms, including the Boeing-built AH-64 Apache, CH-47 Chinook and AH-6i. Terms of the transaction were not disclosed. Formation of the joint venture is expected to occur in late 2015 or early 2016.
17:36 EDTBABoeing announces preliminary settlement in 401(k) plan lawsuit, WSJ says
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10:08 EDTBABoeing initiated with a Buy at Standpoint Research
08:32 EDTCITCIT Group announces JV with funds managed by TSSP
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06:34 EDTBABoeing to challenge suit alleging retirement plan mishandling, WSJ reports
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August 25, 2015
08:45 EDTBAGoldman continues to believe Boeing shares should be sold
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05:25 EDTBABoeing sees demand in China for 6,330 airplanes valued at almost $950B
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August 24, 2015
18:10 EDTBABoeing considers 'several hundred' layoffs in satellite division, Reuters says
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August 23, 2015
18:06 EDTBABoeing loses $85M contract over Ex-Im Bank uncertainty, WSJ says
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14:41 EDTBABoeing delivers next-generation 737-800 to Nok Air
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August 21, 2015
17:46 EDTBABoeing on schedule to meet 737 MAX production targets, Reuters says
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10:02 EDTCITOn The Fly: Analyst Initiation Summary
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06:25 EDTCITCIT Group initiated with a Buy at DA Davidson
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06:07 EDTBABoeing, GKN grapple to produce critical component for 737 Max, WSJ reports
Boeing (BA) and GKN PLC (GKNLY), a key supplier, are grappling to produce a critical component for the updated version of its 737 jet, The Wall Street Journal reports. Boeing has plans to quickly boost production of the 737 Max, but difficulty consistently manufacturing part of the engine thrust reverser, industry executives and engineers are concerned that a shortage of the part could derail Boeing's ambitious plans, the report says. Reference Link
August 20, 2015
12:05 EDTBABoeing reports eight new orders in weekly update
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05:47 EDTBABoeing says Qantas intends to purchase eight 787-9 Dreamliners
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August 19, 2015
16:34 EDTBAAir Lease delivers one Boeing 737-800 to American Airlines
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09:33 EDTBAActive equity options trading on open
Active equity options trading on open: AAPL BAC FB BA TWTR NFLX WMT BABA
August 18, 2015
06:03 EDTBABoeing's test flight of aerial refueling tanker to be delayed, WSJ reports
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