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Stock Market & Financial Investment News

News Breaks
August 16, 2013
18:36 EDTUTX, BAUnited Technologies unit says responsible for assembly errors, WSJ says
United Technologies (UTX) unit Kidde Aerospace said it is responsible for assembly errors in engine-fire extinguishing systems supplied to Boeing (BA), reports The Wall Street Journal. Reference Link
News For UTX;BA From The Last 14 Days
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August 20, 2014
08:04 EDTUTXUnited Technologies licenses technology to CGTech
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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
09:09 EDTUTXUTC Aerospace Systems installs Cloud Cap Technology on Airbus Helicopters
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August 17, 2014
17:56 EDTUTXBB&T, Juniper, two others look discounted, Barron's says
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August 14, 2014
17:49 EDTBABoeing awarded $295.64M government contract
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13:39 EDTBABoeing reports 10 new 777 orders in weekly update
Boeing in its weekly update reported 10 new 777 orders for unidentified customers.
06:32 EDTBABoeing clears way for new 777X wing facility, Reuters says
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August 13, 2014
16:40 EDTBAAir Lease places two new Boeing 777-300ERS wth KLM
Air Lease announced long term lease agreements with KLM for two additional new Boeing (BA) 777-300ER aircraft, scheduled for delivery in 2H16 and early 2017. These aircraft placements are in addition to the two new 777-300ER aircraft scheduled for lease from ALC to KLM in early 2015 and early 2016.
06:09 EDTBA, UTXBoeing, Sikorsky selected to build Technology Demonstrator
Sikorsky Aircraft, a subsidiary of United Technologies (UTX) and Boeing (BA) have been selected to build a helicopter for the U.S. Army’s Joint Multi-Role Technology Demonstrator Phase 1 program, paving the way for the next generation of vertical lift aircraft. The U.S. Army Aviation Technology Directorate selected the Sikorsky-Boeing team to continue the development of the SB>1 Defiant, a medium-lift helicopter configured to Sikorsky’s X2 coaxial design, through flight testing. First flight for the program is expected in 2017. Reference Link
August 12, 2014
10:00 EDTUTXOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Applied Micro Circuits (AMCC) downgraded to Market Perform at FBR Capital... CSX (CSX) downgraded to Neutral from Outperform at Macquarie... Southwestern Energy (SWN) downgraded to Market Perform from Outperform at BMO Capital... Steven Madden (SHOO) downgraded to Neutral from Buy at Citigroup... Teck Resources (TCK) downgraded to Sell from Neutral at Goldman... United Technologies (UTX) downgraded at Cowen... Walter Investment (WAC) downgraded to Market Perform from Outperform at FBR Capital... Whiting USA Trust (WHX) downgraded to Underperform at Raymond James... magicJack (CALL) downgraded to Hold from Buy at Canaccord.
09:10 EDTUTXUnited Technologies downgraded at Cowen
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09:01 EDTUTXUnited Technologies downgraded to Market Perform from Outperform at Cowen
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06:29 EDTBABoeing sees most defense arm reductions from supply chain, Reuters says
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August 11, 2014
06:50 EDTBAJason Communications to sponsor a symposium
17th Annual Space and Missile Defense Symposium to be held in Huntsville, Alabama on August 11-14.
August 8, 2014
18:26 EDTBABoeing 787 production snags re-emerge at assembly plant, Reuters reports
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06:43 EDTBAReport says cold weather reason for Boeing battery meltdown, Reuters says
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August 7, 2014
11:18 EDTBABoeing reports 40 new orders in weekly update
Boeing announced 40 new orders in an update of its orders through August 5 to account for its previously announced order for 26 777s and 14 787s from All Nippon Airways. Reference Link
August 6, 2014
05:57 EDTBABoeing announces partnership with South African Airways
Boeing, South African Airways, or SAA, and SkyNRG announced they are collaborating to make sustainable aviation biofuel from a new type of tobacco plant. This initiative broadens cooperation between Boeing and SAA to develop renewable jet fuel in ways that support South Africa's goals for public health as well as economic and rural development. SkyNRG is expanding production of the hybrid plant known as Solaris as an energy crop that farmers could grow instead of traditional tobacco. Test farming of the plants, which are effectively nicotine-free, is underway in South Africa with biofuel production expected from large and small farms in the next few years. Initially, oil from the plant's seeds will be converted into jet fuel. In coming years, Boeing expects emerging technologies to increase South Africa's aviation biofuel production from the rest of the plant.

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