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Stock Market & Financial Investment News

News Breaks
January 10, 2013
19:18 EDTUPIP, ERIC, LEG, CVX, XRTX, KBR, AXP, BAOn The Fly: After Hours Movers
HIGHER: Unwired Planet (UPIP), up 24% after announcing a patent agreement with Ericcson (ERIC)... Leggett & Platt (LEG), up 3.6% after raising its FY12 EPS view... Chevron (CVX), up 0.75% after saying Q4 earnings would be notably higher than Q3... DOWN AFTER EARNINGS: Xyratex (XRTX), down 5.75%... KBR (KBR), down 8.7% after lowering its FY12 EPS view... ALSO LOWER: American Express (AXP), down 0.5% after announcing preliminary Q4 results that beat Street estimates and said it was cutting 5,400 jobs by the end of the year... Boeing (BA), down 0.4% after a Bloomberg report said the FAA would review the 787 Dreamliner's power system.
News For UPIP;ERIC;LEG;CVX;XRTX;KBR;AXP;BA From The Last 14 Days
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August 29, 2014
06:38 EDTCVXRising oil supplies pressuring prices, NY Times says
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August 28, 2014
08:12 EDTBAAerCap agrees to purchase, leaseback of 7 Dreamliners with Virgin Atlantic
AerCap Holdings announced that it has signed agreements with Virgin Atlantic Airways for the purchase and leaseback of seven Boeing 787 Dreamliners that Virgin Atlantic Airways has on order from Boeing. The lease terms for all aircraft are twelve years and deliveries will start in October.
03:17 EDTBAAir Transport Services unit to return four DHL-owned freighters
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August 27, 2014
14:02 EDTBAAir Transport Services unit to return four DHL-owned freighters
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08:30 EDTBAMorgan Stanley believes aerospace cycle concerns are overblown
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07:06 EDTBAIridium continues on track for its NEXT satellite
Iridium (IRDM) announced the successful upgrade of its System Control Segment and completion of its Launch and Early Operations control center for Iridium NEXT, the largest new commercial satellite constellation in the world. The overall development of the SCS is performed by Boeing (BA), which will continue operating the constellation through its transition to Iridium NEXT and beyond as the company's operations and maintenance provider.
05:47 EDTBAAerCap delivers first 787 Dreamliner to Royal Jordanian
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August 26, 2014
08:30 EDTAXPConcerns about payment disintermediation overdone, says Pacific Crest
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06:45 EDTCVXChevron aims for $1.5B in Canadian oil endeavor, Reuters says
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August 25, 2014
16:36 EDTCVXPacific Drilling gets firm contract extension for the Pacific Bora
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06:17 EDTBABoeing, BOC Aviation announce order for 82 airplanes for $8.8B
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August 22, 2014
18:16 EDTBAGeneral Electric equipped 787 Dreamliner approved by regulators, WSJ says
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06:46 EDTERICEricsson contract with MTS upped to exceed $1.5B, Reuters says
Russia's MTS said that it had raised the value of its contract with Ericsson to exceed $1.5B, reported Reuters. MTS noted that it agreed to an extra $286M contract with the Swedish company for the broadening and modernization of its 2G, 3G and LTE networks throughout Russia. Reference Link
August 21, 2014
11:26 EDTBABoeing reports 12 new orders in weekly update
Boeing reported orders for 10 737s and two 777s for unidentified customers in its weekly update.
08:10 EDTKBRKBR awarded EPC contract for new HDPE facility in La Porte, Texas
KBR announced it has been awarded a contract from Gemini HDPE, a manufacturing joint venture between INEOS Olefins & Polymers USA and Sasol, to provide engineering, procurement, and construction, or EPC, services for a new high-density polyethylene, or HDPE, facility to be located at INEOS's Battleground Manufacturing Complex in La Porte, Texas. The new facility is designed to produce 470 kilotons per annum of bimodal HDPE using Innovene S process technology licensed from INEOS Technologies. The new, single-train facility will include new polymerization, pelletization, and railcar load-out facilities, plus upgrades to existing utilities and infrastructure.
August 20, 2014
05:20 EDTERICEricsson to upgrade Vodafone Australia network
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August 19, 2014
16:45 EDTBABombardier shakes up commercial aircraft marketing division, WSJ says
Canadian transportation company Bombardier (BDRBF) has replaced its commercial aircraft marketing chief Philippe Poutissou with Ross Mitchell, says the Wall Street Journal. The moves come as part of a broader restructuring of Bombardier's marketing division as the company competes with Boeing (BA) and Airbus Group (EADSY), added the Wall Street Journal. Reference Link
16:10 EDTLEGLeggett & Platt reaches tentative settlement of antitrust claims
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10:13 EDTAXPOn The Fly: Analyst Upgrade Summary
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07:48 EDTAXPAmerican Express upgraded to Neutral from Underperform at Macquarie
Macquarie upgraded American Express to Neutral based on valuation. Price target remains $91.
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