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Stock Market & Financial Investment News

News Breaks
February 28, 2013
09:11 EDTERJ, BAEmbraer wins $428M attack plane deal from U.S. Air Force, Reuters says
Embraer (ERJ) won a $428M deal to supply 20 light attack planes for the U.S. Air Force, beating out Hawker Beechcraft, reported Reuters. A senior Brazilian official said, "This is obviously a very good development for Boeing. It's the best thing that's happened to them in months (in the fighter jet race)," according to report, which noted that Boeing is bidding to overhaul Brazil's Air Force with more than 36 new jets. Reference Link
News For ERJ;BA From The Last 14 Days
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June 24, 2015
12:30 EDTBAOn The Fly: Top stock stories at midday
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07:32 EDTBANew Boeing CEO Muilenburg to inherit tough decisions, Bloomberg says
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June 23, 2015
19:03 EDTBAOn The Fly: After Hours Movers
UP AFTER PROVIDING GUIDANCE: MeetMe (MEET), up 18.8%. ALSO HIGHER: Nektar Therapeutics (NKTR), up 4.3% after being added to S&P 600... Quidel (QDEL), up 5% after receiving FDA clearance for new Solana molecular system and assay... Vanda Pharmaceuticals (VNDA), up 4.6% after announcing positive results from REPRIEVE study... Netflix (NFLX), up 3.4% after announcing seven-for-one stock split. LOWER: Alcobra (ADHD), down 2.5% after announcing that it will host a conference call and simultaneous webcast presentation to present results from the Phase II clinical trial of MDX... Sysco (SYY), down 2.6% after bid for U.S. foods blocked was blocked by a federal judge... Boeing (BA), down marginally after announcing CEO transition.
17:40 EDTBABoeing incoming CEO Muilenburg says must deliver on 777 bridge program
Regarding the appointment of Dennis Muilenburg as Boeing CEO, outgoing CEO James McNerney says, "in many ways, there's not going to be a change." Muilenburg noted that the current defense market is more "challenging," and that the company needs to deliver on its 777 bridge program. Muilenburg added that the company's backlog remains "solid." Both executives are speaking on CNBC.
16:32 EDTBABoeing names Dennis Muilenburg CEO
The Boeing board has elected Dennis Muilenburg as the company's CEO, succeeding W. James McNerney, Jr., who held the position for the past 10 years. Muilenburg, who has served as Boeing president and COO since 2013, becomes president and CEO on July 1. McNerney, who joined Boeing's board in 2001, continues as its chairman. To ensure a smooth transition of his CEO responsibilities to Muilenburg, he will continue working as a company employee until retiring at the end of February 2016.
13:15 EDTBABoeing sued over claims of toxic airplane cabin air, Chicago Tribune says
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08:03 EDTERJEmbraer Phenom jets ordered by Etihad Flight College
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June 22, 2015
06:18 EDTBASuppliers 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
June 19, 2015
11:00 EDTBABoeing ecoDemonstrator 757 expands testing to next phase
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07:07 EDTERJEmbraer Defense & Security sells five A-29 Super Tucano to Ghana Air Force
Embraer Defense & Security and the Ministry of Defence of the Republic of Ghana have signed a contract for the acquisition of five A-29 Super Tucano light attack and advanced training turboprops. The contract includes logistic support for the operation of these aircraft as well as the set-up of a training system for pilots and mechanics in Ghana that will provide the autonomy of the Ghana Air Force in preparing qualified personnel. The A-29 Super Tucano will be deployed for advanced training, border surveillance and internal security missions. The contract will come into effect once certain conditions have been fulfilled. These conditions are expected to be fulfilled during the second half of 2015.
07:00 EDTBAGE Capital Aviation Services launches Boeing 737-800NG program
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05:13 EDTBABoeing, Enter Air announce order for four 737s
Boeing and Enter Air have announced an order for two 737 MAX 8s and two Next-Generation 737-800s. The order, worth more than $400M at current list prices and previously attributed to an unidentified customer, is the first direct order for Boeing from the Polish charter carrier.
June 18, 2015
08:34 EDTBAAtlas Air places additional Boeing 747 Freighter in ACMI service for DHL Express
Atlas Air Worldwide Holdings (AAWW) announced the placement of an additional Boeing (BA) 747-400 freighter into ACMI service. The aircraft will be operated by Polar Air Cargo Worldwide to expand its express network for the benefit of DHL Express and Polarís other customers. Operations are scheduled to begin on July 1.
07:54 EDTERJEmbraer upgraded to Outperform at Cowen
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07:05 EDTERJEmbraer upgraded to Outperform from Market Perform at Cowen
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06:54 EDTBAAirbus may build longer A350, WSJ says
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June 17, 2015
09:51 EDTBAJefferies to hold company meetings at the Paris Air Show
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05:40 EDTBABoeing and Ethiopian Airlines announce order for six 787 Dreamliners
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05:38 EDTBABoeing expands Volga-Dnepr Group's 747-8 fleet
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05:34 EDTBABoeing Business Jets launches BBJ MAX 9
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