FARNBOROUGH, England— Delta Air Lines Inc. said it was ordering 100 of Boeing Co. ‘s largest 737 MAX jets, providing a vote of confidence for the model and adding to the list of big US carriers operating the airliner. The deal, announced at the Farnborough International Air Show near London on Monday, is a boost … Read more
US stocks opened sharply lower on Thursday following the release of closelywatched inflation data, while Wall Street was headed for its worst first half of the year in more than 50 years. How are stock-index futures trading? The S&P 500 dropped 72 points, or 1.9%, to 3,746. The Dow Jones Industrial Average fell 509 points, … Read more
What’s Holding Back Boeing’s 787 Dreamliner? – WSJThe Wall Street Journal
Chevron is planning to sell its current headquarters in California and is offering to cover costs for some employees to relocate to Texas, the latest move by a large US employer to reduce the size of its offices. The second-largest U.S. oil company said it would remain based in California, its home state for more … Read more
Michael O’Leary, chief executive of Ryanair Holdings Inc., tore into Boeing Co. during an earnings call Monday, blasting the plane-maker’s “very poor management” and calling for a shakeup at the top. “At the moment, we think Boeing management is running around like headless chickens, not able to sell aircraft, and then even the aircraft they … Read more
Text size A picture shows helmets with General Electric logos. Loic Venance / AFP via Getty Images Monday was a terrible day for stocks. The last few days have been dreadful. With markets reeling, investors might want to look for signs of capitulation. Capitulation correlates with a “sell everything” mentality. Essentially, it’s when the narrative … Read more
Shares of Boeing Co. BA, + 2.21% rallied 2.21% to $ 156.97 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, + 2.99% rising 2.99% to 4,300.17 and the Dow Jones Industrial Average DJIA, + 2.81% rising 2.81% to 34,061.06. This was the … Read more
Shares of Boeing Co. BA, + 0.22% inched 0.22% higher to $ 191.18 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, + 0.81% rising 0.81% to 4,582.64 and the Dow Jones Industrial Average DJIA, + 0.30% rising 0.30% to 34,921.88. The stock’s … Read more
Airline stocks are enjoying a broad rally in premarket trading Thursday, as a sharp drop in crude oil prices helps soothe concerns over the effect of rising fuel prices. The US Global Jets ETF JETS, -0.28% climbed 0.9% ahead of the open, after closing Wednesday 28.3% above the more-than 16-month low of $ 16.91 on … Read more
Text size A China Eastern Airlines passenger aircraft at Shanghai Hongqiao International Airport. Qilai Shen / Bloomberg A plane crash in China has clearly shaken investor confidence Boeing . Shares dropped. But the rest of the aerospace supply chain is holding up better, which could mean the crash will not drag down the industry like … Read more