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Stocks making the biggest moves midday: D.R. Horton, Domino’s Pizza, Infosys and more
Check out the companies making headlines in midday trading. D.R. Horton – Shares surged more than 12% after the company’s fiscal third-quarter results topped Wall Street expectations. The homebuilder posted earnings of $4.10 per share on revenue of $9.97 billion. Analysts polled by FactSet were expecting $3.75 per share on revenue of $9.61 billion. The […]
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Stocks making the biggest moves premarket: Domino’s, Warner Bros. Discovery, United Airlines and more
Check out the companies making headlines before the bell. Domino’s Pizza — Shares plunged more than 13% on the company’s mixed second-quarter results. Domino’s posted $4.03 earnings per share, topping an LSEG estimate of $3.68 per share. However, revenue came in line with estimates at $1.1 billion. U.S. comparable store sales also grew slightly less […]
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Can Boeing get back to its glory days?
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing executives spent years after two fatal 737 Max […]
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Air travel demand is breaking records. Airline profits are not
Passengers pass through O’Hare airport in Chicago, July 3, 2024. Scott Olson | Getty Images Record summer air travel demand isn’t translating to record U.S. airline profits. Carriers will have to answer for that disconnect when they report quarterly results this month. Some airlines have forecast record demand, and in some cases, revenue. But higher […]
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Boeing to plead responsible to prison fraud demand stemming from 737 Max crashes
Rescuers perform at the scene of an Ethiopian Airlines flight crash near Bishoftu, or Debre Zeit, south of Addis Ababa, Ethiopia, Monday, March 11, 2019. Mulugeta Ayene | Reuters Boeing agreed to plead guilty to a legal fraud demand tied to the deadly 737 Max crashes, the Justice Department stated Sunday, months after U.S. prosecutors […]
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Boeing agrees to get fuselage maker Spirit AeroSystems in $4.7 billion deal
Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Pictures Boeing stated Monday that it will invest in back its struggling fuselage maker Spirit AeroSystems in an all-inventory deal that the planemaker has reported will improve protection and quality handle. It said […]
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U.S. plans to seek guilty plea from Boeing over fatal 737 Max crashes
The fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX, which was forced to make an emergency landing with a gap in the fuselage, is seen during its investigation by the National Transportation Safety Board (NTSB) in Portland, Oregon, U.S. January 7, 2024. NTSB | Via Reuters U.S. prosecutors plan to seek a […]
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Watch Boeing CEO Dave Calhoun testify before Senate panel on whistleblower allegations
[The stream is slated to start at 2:00 PM ET. Please refresh the page if you do not see a player above at that time.] Boeing CEO Dave Calhoun will face questions from the Senate Permanent Subcommitee on Investigations on Tuesday over quality control concerns and whistleblower allegations. Boeing’s bestselling 737 Max plane has been […]
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Boeing CEO heads to Senate hearing over safety and manufacturing crises
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Dan Sullivan, R-Alaska, in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. Tom Williams | Cq-roll Call, Inc. | Getty Images Boeing CEO Dave Calhoun will testify before […]
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Flight attendant union rejects American Airlines’ proposed 17% pay back elevate
American Airways flight attendants demonstrate outside the house the White Property in Washington, May well 9, 2024. Drew Angerer | AFP | Getty Photos The labor union that represents American Airlines flight attendants on Wednesday rejected a firm proposal to straight away increase shell out by 17%. CEO Robert Isom presented flight attendants fast 17% […]
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