$BA #Boeing #COVID19 Boeing reported a bigger-than-expected loss Wednesday and said it would further trim its plane production because of weak demand in the wake of the coronavirus pandemic. The aerospace giant suffered a $2.4 billion second-quarter loss, reflecting the hit from much lower commercial plane deliveries as airlines suspend purchases due to falling consumer […]
Summary Buying quality companies is incredibly important in today’s volatile market. In this article, I use Apple’s stock to focus on the steps I take to determine whether or not a DGI stock meets my quality standards. Determining quality is a fairly objective process, in my opinion; valuation, on the other hand, is more difficult. […]
$BA UK flag carrier British Airways is retiring its entire Boeing 747 “Jumbo Jet” fleet, it said Friday, following the huge hit to international air travel caused by the COVID-19 pandemic. “It is with great sadness that we can confirm we are proposing to retire our entire 747 fleet with immediate effect,” the airline said […]
$DIA $SPY $QQQ $RUTX $BA $VXX President Trump says the US economy will be back and better than ever next year. Thursday, President Trump hammered the Fed after Fed Chairman Powell offered a grim outlook on the US economy, saying there is a “long road” ahead. “I see the numbers also, and do MUCH better […]
$LUV $BA $AAL $DAL $UAL $BRK.A $BRK.B Friday, President Trump said Warren Buffett, who some see as the world’s greatest investor, made a mistake by recently devesting Berkshire Hathaway’s a multi-billion dollar investment in America’s airline industry. President Trump made his assessment at the White House, shortly after the US Labor Department reported an unexpected […]
$BA Friday, RBC rated Boeing (NYSE:BA) with an “outperform” rating and a $164 price target. But, when the real opportunity presented itself during the C-19 Coronavirus chaos crash the experts were silent. Below 90, BA stock was a blind Super buy. Most of Wall Street missed it, but the Saudi sovereign wealth fund and others bought […]
The Boeing Company (NYSE:BA) nominates Steve Mollenkopf and Akhil Johri as new directors The Boeing Company [NYSE: BA] Board of Directors has nominated Steve Mollenkopf and Akhil Johri to be elected as directors at the company’s upcoming annual meeting of shareholders. The board also announced independent directors Edward Liddy and Mike Zafirovski will not stand […]
The Boeing Company (NYSE:BA) Stock Could Hit Share Prices of $400 Before 2021 The last time I weighed in on Boeing (NYSE:BA), I noted that the stock “appears to have priced in a substantial amount of fear and negativity. Many investors also believe Boeing stock has hit bottom.” That was on January 17, when BA […]
The Boeing Company (NYSE:BA) Starliner under extra scrutiny in wake of 737 Max crashes, deaths In the wake of Boeing’s 737 Max fiasco and resulting 346 deaths, the company’s Starliner crew capsule is coming under extra scrutiny. The spacecraft failed to reach the International Space Station during a pivotal test flight in December. The company said a software glitch caused […]
The Boeing Company (NYSE:BA) sees signs that investors fear missing out on upside Shares of Boeing Co. BA, +2.35% rallied 2.2% in afternoon trading Monday, enough to pace the Dow Jones Industrial Average’s DJIA, +0.60% gainers. The aerospace and defense giant, which is still reeling from the extended grounding of its 737 MAX planes, has […]
$BA, $IBM, $MMM, $CVX, $XOM Boeing Co. (NYSE:BA) was a disappointment after the 2 deadly 737 Max crashes grounded the entire fleet of that aircraft to where the problems are still not solved. Boeing even finally capitulated and sent its CEO Dennis Muilenburg away. With global geopolitics still hot, and with a weapons and defense race as […]
The Boeing Company (NYSE:BA) 2020 Outlook Overall, the bias in prices is: Downwards. Note: this chart shows extraordinary price action to the downside. By the way, prices are vulnerable to a correction towards 349.93. The projected upper bound is: 345.64. The projected lower bound is: 305.46. The projected closing price is: 325.55. Candlesticks A black […]
$BA The Boeing Co Starliner spacecraft that failed to hit the right orbit to reach the International Space Station is “healthy,” in a stable orbit and expected to land in New Mexico on Sunday morning, NASA said on Saturday. The Boeing CST-100 Starliner astronaut capsule was successfully launched from Florida on Friday, but an automated […]
The Boeing Company (NYSE:BA) Starliner crew capsule successfully performed an emergency abort test Boeing’s Starliner crew capsule successfully performed an emergency abort test Monday, meeting a key requirement before it can take US astronauts to the International Space Station as early as next year. The test took place in the New Mexico desert at the […]
$BABA, $T, $BAC, $BA, $ITT, $LULU, $YETI Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Tuesday, as follows: Alibaba Group Holding Ltd. (NYSE:BABA) was down […]
The Boeing Company (NYSE:BA) Chief Executive Dennis Muilenburg testifies before a Senate Commerce, Science and Transportation Committee hearing on “aviation safety” In two combative hearings on Capitol Hill last week, lawmakers pressed Boeing’s CEO Dennis Muilenburg on why he hasn’t given up his pay after two fatal crashes of its 737 Max planes that killed […]
The Boeing Company (NYSE:BA) texts reveal flawed simulator, not smoking gun: ex-colleagues Four days after leaked internal pilot messages set off a media firestorm for Boeing Co, former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in […]
The Boeing Company (NYSE:BA) survey showed that employees felt pressure from managers on safety approvals A 2016 internal survey at Boeing showed a third of employees polled felt “potential undue pressure” on the job, including for safety approvals, according to documents received by lawmakers investigating the manufacturer’s 737 Max plane following two fatal crashes. Some employees in […]
The Boeing Company (NYSE:BA) CEO, removed as chairman, nears last chance on 737 Max The clock is ticking ever more loudly for Boeing Co. Chief Executive Dennis Muilenburg as the grounding of the 737 Max hits the seven-month mark. The board removed him as chairman Friday after the close of the workweek, saying the change […]
Airbus on Wednesday increased its estimate of the number of new aircraft needed over the coming two decades as airlines seek more fuel-efficient planes even as it trimmed its forecast for the increase in demand for air travel. In its latest Global Market Forecast for the next 20 years, the European aircraft maker said it […]
The Boeing Company (NYSE:BA) committee expected to make safety recommendations A small committee from Boeing’s board is expected to deliver safety recommendations to the full board this week, according to a source with knowledge of the situation. The committee is expected to call for changes to the company’s structure — including the creation of new […]
$DIA, $SPY, $QQQ, $RUTX, $USD, $VXX The US stock market finished solidly in the Green Thursday, as trade anxiety subsided and investors embraced a risk-on mindset. The S&P 500 advanced 1.9%, which extended its 2-day bounce to 112 pts, or 4.0%, from its session low Wednesday. Thursday, President Trump again expressed dissatisfaction with USD’s strength, […]
With its main rival hobbled by the worldwide grounding of a top-selling jet, Europe’s Airbus could seem poised to emerge as the undisputed global aerospace leader. Airbus has overtaken the American giant Boeing in some key benchmarks in 2019. And the company is now better positioned to move quickly on a new jet product. Meanwhile, […]
The Boeing Company (NYSE:BA) will consider temporarily shutting down production of the 737 Max Boeing’s CEO says the company will consider temporarily shutting down production of the 737 Max if the plane’s return is significantly delayed beyond the company’s October forecast. The comment by Chairman and CEO Dennis Muilenburg underscores the uncertainty swirling around the […]
$AAPL, $KO, $CAT, $AMZN, $MCD, $BA, $OIL, $SOY FLASH: Earnings season continues with companies including: Amazon.com, Alphabet, Unilever, Caterpillar, Coca-Cola, McDonald’s and Boeing. Monday, technology shares led gainers among US stocks following mixed sessions in Europe and Asia as investors looked ahead to a busy week of corporate earnings. Crude Oil gained amid tensions in […]
The Boeing Company (NYSE:BA) Expected to Beat Earnings Estimates Wall Street expects a year-over-year decline in earnings on lower revenues when Boeing (BA) reports results for the quarter ended June 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is […]
The Boeing Company (NYSE:BA) secured a modification contract to provide integrated logistics support The Boeing Company BA recently secured a modification contract to provide integrated logistics support, product assurance and Longbow Crew Trainers for Apache aircraft. Work related to the deal is scheduled to be completed by Dec 31, 2024. Valued at $96.9 million, the contract […]
The Boeing Company (NYSE:BA) knew of a software error that prevented the correct functioning of an alert system on the 737 Max for over a year before notifying airlines and regulators Boeing knew of a software error that prevented the correct functioning of a safety alert system on the 737 Max for a year before […]
According to the popular but pithy market aphorism, share market investors should “sell in May and go away” to avoid a seasonal downturn. Ah, if only it were that easy! The Gregorian calendar may tick over reliably, but many market watchers now believe the adage is a less than reliable indicator of market performance. The […]
The Boeing Company (NYSE:BA) stock remains richly valued, despite escalating, fundamental headwinds It’s been a rough month for Boeing (NYSE:BA). stock There has been a storm of controversy surrounding the company following two very similar, fatal crashes involving Boeing’s 737 Max 8 planes. This controversy has left investors in a “sell first, ask questions later” mood when […]
$BA FLASH: Investigators looking to uncover the causes must answer 1 of the biggest Qs: Was the plane’s software to blame? WHAT WE KNOW – Europe and Canada said they would independently certify the safety of the jets, further complicating plans to get the aircraft flying. – Boeing has stopped delivery of all new MAX […]
The Boeing Company (NYSE:BA) Company engineers cleared equipment at center of crash probe U.S. federal authorities began exploring a criminal investigation of how Boeing Co.’s 737 Max was certified to fly passengers before the latest crash in Ethiopia involving the new jet, according to people familiar with the probe. The investigation was prompted by information […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Cyclical sectors outperformed, follow-through buying interest came in on no new catalysts. Boeing (NYSE:BA) and Facebook (NASDAQ:FB) extend losses on familiar story lines Patience is the FOMC’s focus now, signaling that it went too far last year with its 4 rate hikes, so no interest rate hikes likely soon. […]
$BA The airline pilot who successfully landed a passenger jet in the Hudson River 10 years ago is speaking out regarding what he saw was a dangerous lack of training for 1 of the pilots on the Ethiopian Airlines plane that crashed last weekend. Captain Chesley B. “Sully” Sullenberger, who retired in Y 2010 after […]
Nick Leeson on Indicies Drift Asian markets are little changed overnight as Global equity indices look set to drift this morning. The FTSE is called two points higher whilst the DAX is currently forecasted to shed 6 points at the opening bell. The DOW closed higher yesterday even after the US Federal Aviation Authority followed […]
$AAPL, $ASGN, $AVYA, $BA, $TELL, $TSLA Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Wednesday as follows: Apple Inc. (NASDAQ:AAPL) has announced a 25 March […]
Brexit news provided the impetus for a bumpy ride for the European Indices and Sterling yesterday. A positive stance after news of concessions from the EU was quickly replaced by uncertainty and a swift move lower as legal opinion indicated that we were no nearer a path through the forest to a successful Brexit. In […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Investors extend Friday’s Bull run off of the 50-Day MA support for a broad-based advance; all 11 S&P 500 sectors close higher on the day Wall Street finished on a high not Monday as the technology sector led a broad-based rebound that stated last Friday, but a fall in […]
The Boeing Company (NYSE:BA) Argus’ John Eade maintained a Buy rating Shares of Boeing Co (NYSE: BA) have appreciated a whopping 27 percent over the past quarter, versus a 3-percent increase in the S&P 500. Since the turn of 2019, the industrial sector has been boosted by constructive trade talks between the U.S. and China, according to Argus. […]
The Boeing Company (NYSE:BA) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 241.04. The projected upper bound is: 349.34. The projected lower bound is: 245.75. The projected closing price is: 297.55. Candlesticks A big black […]
S&P 500 Looks Undervalued in Here $SPY According to FactSet, the 5-year average for the forward 12-month P/E multiple for the S&P 500 is 16.3. Today, the forward 12-month P/E multiple is 15.9 Vs 16.8 at the start of Q-4. On the surface, the S&P 500 appears to be undervalued. Why, then, hasn’t there been […]
Boeing (NYSE: BA): The Future Is Built Here Boeing (NYSE: BA) today announced its plans to reveal the exciting future of air and space travel at the 2018 Farnborough International Airshow, which takes place July 16-22. From hypersonic travel to the future of autonomous flight to manned space flight, Boeing will visually present the innovations […]
US President Donald Trump’s decision to withdraw from the Iran nuclear pact threatens new business for several big companies, including Boeing, Airbus and General Electric. The two aerospace giants were among the companies to receive US Treasury licenses to begin conducting business in Iran under strict oversight after sanctions were lifted in the 2015 accord. […]
Russian lawmakers have drafted a bill suspending cooperation with US companies in the nuclear, missile and aircraft-building spheres, as well as introducing restrictions on imports of alcohol and tobacco produced in the US. “The bill is about alcohol and tobacco products and about ceasing or suspending international cooperation in the nuclear sphere, rocket engine building […]
With revenues to exceed $22 billion and 6,000 jobs by 2030 – Partnership to provide sustainment services for fixed- and rotary-wing military aircraft of the Kingdom’s defense services – New partnership will help to achieve the National Transformation Program goals and embrace Vision 2030 – Investment value to reach $450 million in facilities and equipment […]