New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 14, 2014
08:05 EDTPH, RYCEY, BAParker Aerospace partners with Rolls-Royce to support engines
Parker Aerospace, a unit of Parker-Hannifin (PH), has been chosen by Rolls-Royce (RYCEY) to provide high-temperature fuel hoses and lifetime support on its Trent 1000 -TEN and Trent 1000 package C engines. The Rolls-Royce Trent 1000 C and Trent 1000 -TEN engines are being developed for the Boeing (BA) 787 Dreamliner aircraft. Product design, manufacture, and support will be completed by Parkerís Stratoflex Products Division in Fort Worth, Texas. The bill of material covers high-temperature hoses that channel fuel to the engine. As part of the partnership, Parker will provide all-inclusive customer service and support on its components for the life of the engines. This approach is a continuing tradition for Parker on Rolls-Royce TotalCare programs and helps provide optimized, predictable cost over the long term. The first Parker-supplied Trent 1000 -TEN components are scheduled for delivery to Rolls-Royce in late 2014. Parker Aerospace supports many Rolls-Royce engine programs.
News For PH;RYCEY;BA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | all recent news | >>
October 22, 2014
07:32 EDTBABoeing reports Q3 core EPS $2.14, consensus $1.98
Subscribe for More Information
06:55 EDTBAAirbus aims to replace Boeing 757 with long-haul A321neo, Reuters says
In an effort to replace with Boeing's (BA) discontinued 757 jetliner, Airbus (EADSY) has started offering carriers a long-haul model of its A321neo aircraft, according to Reuters, citing comments from an Airbus representative. Reference Link
05:14 EDTBABoeing, COMAC open demonstration facility
Subscribe for More Information
October 21, 2014
15:35 EDTBANotable companies reporting before tomorrow's open
Subscribe for More Information
14:19 EDTBAEarnings Preview: Boeing shares flat since Q2 earnings report
Subscribe for More Information
14:01 EDTBABoeing technical comments ahead of results
The stock has performed in line with returns from the broader averages over the last three months. The trend has been range bound with the bulk of the range contained at $118 at the low and $128.50 at the high. These two bounds become the defining markers for post-earnings reactions. A breakout above $128.50 would see first resistance at $130.31 and then at $132.99 and $133.97. The latter is a prior pivot high. If the news disappoints, it isn't likely that shares would reach the low of the range unless the news was an extreme disappointment. First support of significance would be at $124.10 and then at $122.16 and $120.29.
13:31 EDTBABoeing invests over $1B in Everett site
Boeing announced the groundbreaking of its new 777X Composite Wing Center at the Everett, Washington campus. Permitting for the new 1M-square-foot facility was completed approximately seven weeks earlier than anticipated, allowing for an accelerated start to construction. Boeing is investing more than $1B in the Everett site for construction and outfitting of the new building. Completion of the new building, which is expected in May 2016, will require approximately 3.5M hours of work. At its peak, there will be approximately 1.2K contract employees working on the project. First delivery of the 777X is targeted for 2020.
08:02 EDTRYCEYKaman unit awarded LTA by Rolls-Royce
Subscribe for More Information
October 20, 2014
13:01 EDTBABoeing partners with Kenya Airways
Subscribe for More Information
07:13 EDTRYCEYRolls-Royce downgraded to Neutral from Overweight at JPMorgan
Subscribe for More Information
06:10 EDTBALufthansa publishes timetable in response to VC planned strike
Subscribe for More Information
05:24 EDTRYCEYRolls-Royce downgraded to Sector Perform from Outperform at RBC Capital
Subscribe for More Information
October 17, 2014
11:58 EDTBATextron rallies after better than expected Q3 EPS, raising FY14 profit outlook
Shares of aircraft and defense company Textron (TXT) are advancing after the firm reported better than expected third quarter earnings per share and raised its profit outlook for fiscal 2014. WHAT'S NEW: Textron this morning reported Q3 EPS from continuing operations of 57c and revenue of $3.43B, compared to consensus of 52c and $3.63B, respectively. Aviation revenue for the quarter came in at $1.08B, Bell revenue was $1.18B, Systems revenue was $358M, Industrial revenue was $785M and Finance revenue was $25M for the quarter. Chief Executive Officer Scott Donnelly said commented that the increased revenues at Aviation, Industrial and Bell primarily reflected the success of its new product investment and acquisition strategies. Donnelly said the company achieved significant margin improvement in the quarter at Textron Aviation, which reflected higher volumes and better performance. Bell also had improved performance in Q3, Donnelly said, leading to an increase in quarterly margins compared to last year. WHATíS NOTABLE: The company raised its FY14 EPS from continuing operations view to $2.05-$2.15 from $1.92-$2.12, in line with analysts' consensus estimates of $2.07. Textron also raised its FY14 outlook for cash flow from continuing operations of the manufacturing group before pension contributions to $700M-$800M, with expected pension contributions of around $83M. On the company's earnings conference call, management said it saw a pickup of orders in September and October in the new aircraft market. The company said it is also seeing significant contributions from its M&A investments. PRICE ACTION: In late morning trading, Textron rose $4.16, or about 12.4%, to $37.82 on heavy trading volume. Including todayís advance, the stock has gained approximately 36% over the past twelve months. OTHERS TO WATCH: Other companies in the aircraft and defense business include Boeing (BA), up 2.6%, Spirit Aerosystems (SPR), up 3.8%, and Embraer SA (ERJ) up 3.9%.
07:32 EDTBABoeing volatility elevated into Q3 and outlook
Subscribe for More Information
07:31 EDTBAEMC volatility elevated into Q3 results and outlook
EMC October weekly call option implied volatility is at 51, November is at 34, January is at 27; compared to its 26-week average of 23 into the expected release of Q3 results on October 22.
06:25 EDTRYCEYRolls-Royce says FY15 economic outlook 'more challenging'
Subscribe for More Information
06:23 EDTRYCEYRolls-Royce sees sale of gas turbine, compressor unit to Siemens by year end
Subscribe for More Information
06:21 EDTRYCEYRolls-Royce sees FY14 revenue 3.5%-4% lower vs. last year
Subscribe for More Information
October 16, 2014
13:03 EDTBABoeing reports one new 747 order in weekly update
Subscribe for More Information
06:28 EDTBABoeing mulls potential helicopter deal with Brazilian Army, Reuters says
Boeing said that the Brazilian Army has shown an interest in purchasing a few of the company's CH-47 Chinook helicopters, and explained that it maintains its opinion that Brazil is a noteworthy collaborator for projects in the defense and commercial space, according to Reuters, citing comments from Boeing spokesman Scott Day. Reference Link
1 | 2 | 3 | all recent news | >>

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