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Stock Market & Financial Investment News

News Breaks
May 6, 2014
07:47 EDTJEC, BAJacobs selected by Boeing for project and construction management contract
Jacobs Engineering Group (NYSE:JEC) announced that it was selected by Boeing (BA) to provide Project Management and Construction Management services to support the design and construction of a new fabrication facility in Everett, Washington. Under the terms of the contract, Jacobs is providing preliminary planning support, project management, construction management and project controls for the 1.2 million-square-foot Composite Wing Center for Boeing’s 777X, the newest member of its commercial airplane fleet. Up to 2,000 construction professionals could be employed to build the facility. Construction is expected to begin in late 2014 and to be completed by mid-2016.
News For JEC;BA From The Last 14 Days
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April 1, 2015
08:52 EDTBABoeing shares should be bought on any weakness, says Sterne Agee
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March 27, 2015
11:12 EDTBABoeing, All Nippon Airways finalize order for three Dreamliners
Boeing and All Nippon Airways finalized an order for three 787-10 Dreamliners, valued at approximately $900M at list prices. With this order, originally announced as a commitment in January 2015, ANA becomes Boeing's newest 787-10 customer and first airline in Asia to operate the entire family of 787 Dreamliners.
March 26, 2015
12:17 EDTBAEarnings Preview: Analyst sees BlackBerry's revenue bottoming in Q4
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06:41 EDTBAChina's Hainan Airlines to order 30 Boeing jets, Reuters reports
China's Hainan Airlines said that it intends to order 30 of Boeing's B787-9 jets, according to Reuters. If carried out, the deal would be worth over $7.5B based on list prices and would be Boeing's largest order this year, the news service stated. Reference Link
March 25, 2015
08:47 EDTBAIAM says NLRB approves election for machinists at Boeing
The National Labor Relations Board approved an agreement between the International Association of Machinists and Aerospace Workers, or IAM, and Boeing that establishes the date, time, duration and eligible voters for a union representation election among more than 3,000 workers at Boeing’s 787 production facility in North Charleston, SC, the IAM announced last night. According to the agreement, which was facilitated by the NLRB and is known as a stipulated election agreement, the one-day election is scheduled to take place on Wednesday, April 22, at five separate locations on Boeing’s North Charleston campus, the IAM stated.
05:25 EDTBABoeing 737 requests emergency landing in Russia, Reuters reports
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March 24, 2015
07:47 EDTJECJacobs Engineering awarded contract for Network Rail link to Heathrow
Jacobs Engineering Group announced that it was awarded a contract by Network Rail to support its proposed new rail link from the west of England to London Heathrow airport, United Kingdom. The proposed Western Rail Access to Heathrow includes a new direct, double track link between the Great Western main line at Langley in Berkshire into Terminal 5 at Heathrow airport. Company officials did not disclose the contract value, but noted that the work is being executed over the next 12 months from Jacobs’ offices in the UK. Under the terms of the contract, Jacobs is producing a design for Network Rail’s Development Consent Order, which is expected to be submitted in early 2016. Jacobs’ scope of work includes topographical surveys and geotechnical investigations, tunneling design for the new 3.1 mile route, and railway systems designs for track and overhead line equipment. Network Rail’s Signaling Design Group is producing the signaling design for system integration by Jacobs as lead designer. Jacobs is also providing environmental surveys and impact assessment to inform optimization of the tunnel route and location and design of surface structures. Jacobs delivered pre-feasibility and feasibility studies in the early planning stage of the project which identified significant potential cost savings. Currently in public consultation, if the Western Rail Access plans are approved, it is expected that the new service would be in operation by 2021.
07:22 EDTBABoeing price target raised to $185 from $165 at Jefferies
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March 23, 2015
08:13 EDTBABofA/Merrill airlines/aerospace analysts hold analyst/industry conference call
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08:01 EDTBABofA/Merrill industrials/EU autos analysts hold analyst/industry conference call
Analysts provide a discussion of the key takeaways from the recently held Global Industrials & European Autos Conference on an Analyst/Industry conference call. to be held on March 23 at 10 am.
March 19, 2015
06:33 EDTBAAir Lease leases two Boeing 777-300ERs with Air Austral
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06:20 EDTBACytec Industries upgraded to Buy from Neutral at Citigroup
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March 18, 2015
14:10 EDTBABoeing, Airbus stepping pressure on supllier over seat delays, Reuters says
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12:01 EDTBABoeing 747-8 Intercontinental receives FAA approval for 330-minute ETOPS
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09:35 EDTBAFedEx says not defering plane deliveries due to low fuel costs
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06:38 EDTBABoeing looking to potential Malaysia deal to boost fighter jets, Reuters says
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06:36 EDTBABoeing turns to cargo jets to overcome West coast port disruptions, WSJ says
Boeing (GE) and its suppliers -- including General Electric (GE) -- have turned to using large Ukrainian "Antonov" cargo jets to overcome supply disruptions at U.S. West coast ports, reports the Wall Street Journal, citing statements by Boeing Commercial CEO Ray Conner, who said disruptions continued even after the ports reached a deal earlier in March. "We’re still dealing with the congestion of all the things that are stuck in those ports right now," added Conner. A Boeing spokesperson said there had been "no effect" on deliveries to airlines. Reference Link

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