New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 27, 2014
06:41 EDTQUBSF, EADSY, BAQantas to cut 5K jobs amid price battle with Virgin, Bloomberg says
Qantas Airways (QUBSF) will slash 5K jobs and defer new jets as its CEO Alan Joyce steps up the case for government assistance after a $226M loss amid a price war with Virgin Australia Holdings, according to Bloomberg, citing a statement from the carrier. Qantas will sell or delay delivery of more than 50 planes from Airbus (EADSY) and Boeing (BA). Reference Link
News For QUBSF;EADSY;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 20, 2014
13:01 EDTBABoeing partners with Kenya Airways
Subscribe for More Information
06:10 EDTEADSY, BALufthansa publishes timetable in response to VC planned strike
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. WHAT’S 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 today’s 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.
06:03 EDTEADSYAirbus cuts production rate of A330 aircrafts to 9 from 10 per month
Subscribe for More Information
October 16, 2014
13:03 EDTBABoeing reports one new 747 order in weekly update
Subscribe for More Information
12:56 EDTEADSYESA signs contract with Airbus for weather satellites
Subscribe for More Information
06:53 EDTEADSYAirbus head says defense companies unwelcome in Germany, Reuters says
In a report from German newspaper Handelsblatt, Airbus CEO Tom Enders said that Germany should not be astounded if more defense firms feel unwanted in the country since he believes that the industry is treated unfairly there, according to Reuters, citing comments from Enders. Reference Link
06:47 EDTEADSYAirbus head mulls basing new helicopter programs in France, Reuters says
After Germany hindered the export of military helicopters to Uzbekistan, Airbus CEO Tom Enders said that the airplane maker was seriously contemplating if it should establish its new helicopter programs in France instead of Germany in the future, according to Reuters, citing comments from Enders. Reference Link
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
October 15, 2014
06:39 EDTEADSYAirbus gains safety approval for A350 prolonged routes, Reuters says
Subscribe for More Information
06:33 EDTEADSYIndiGo signs MOU for 250 Airbus A320neo aircraft
Subscribe for More Information
October 13, 2014
14:29 EDTBABoeing begins production on first 737 MAX parts
Boeing has started production of the first 737 MAX fuselage stringers at Boeing Fabrication Integrated AeroStructures in Auburn, Wash. Stringers run the length of the fuselage structure giving it stability and strength. After forming, Boeing will send the stringers to Spirit Aerosystems in Wichita, Kan. for incorporation into the first 737 MAX fuselage. From there the fuselage will be shipped to Boeing's Renton, Wash. facility where Boeing employees will build the 737 MAX. The program is on track to begin final assembly of the first 737 MAX in 2015. The airplane will be part of the flight test fleet and is scheduled to fly in 2016. The 737 MAX incorporates the latest technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 MAX will be 14% more fuel-efficient than today's most efficient Next-Generation 737s – and 20% better than the original Next-Generation 737s when they first entered service.
10:17 EDTBAEbola related weakness in aerospace stocks seen as buying opportunity
Subscribe for More Information
07:26 EDTBACommercial aerospace stocks should be bought on any weakness, says Wells Fargo
Subscribe for More Information
October 12, 2014
19:41 EDTBABoeing and Garuda Indonesia announce $4.9B order
Subscribe for More Information
October 10, 2014
18:51 EDTBADOJ orders Boeing to pay $23M to resolve False Claims Act allegations
Subscribe for More Information
11:59 EDTEADSYAirbus says not enough demand to up plane manufacturing, Reuters says
Subscribe for More Information
11:12 EDTEADSYAirbus, CAS sign GTA for 70 A320 aircrafts
Subscribe for More Information
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