Boeing Co
Stocks making the biggest moves premarket: GameStop, Seagen, Virgin Galactic and more
Check out the companies making headlines before the bell: GameStop (GME) – GameStop rallied 7.8% in the premarket after the videogame retailer declared a 4-for-1 stock split. Trading on a split-adjusted basis will begin on July 22. Seagen (SGEN) – Seagen gained 4.5% in premarket trading after the Wall Street Journal reported that Merck (MRK) […]
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Cramer’s lightning round: I like Toll Brothers over Skyline Champion
Boeing Co: “I’m not going to recommend stocks that lose money with really bad balance sheets. And that’s what they do.” United States Steel Corp: “There is too much negativity on steel right now. The one you would buy is Nucor, and it has to come down a little bit more.” Synopsys Inc: “I’ve always […]
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Virgin Galactic announces deal with Boeing subsidiary to build additional aircraft ‘motherships’
A conceptual rendering of the company’s carrier aircraft, also known as a “mothership.” Virgin Galactic Space tourism company Virgin Galactic on Wednesday announced a deal with Boeing subsidiary Aurora Flight Sciences to build two additional carrier aircraft to support its coming spacecraft fleet. Virgin Galactic currently has one carrier aircraft, or “mothership,” called VMS Eve […]
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Biden taps Denver airport chief Phil Washington to head the FAA
An American Airlines plane lands at Ronald Reagan Washington National Airport November 23, 2021 in Arlington, Virginia. Drew Angerer | Getty Images President Joe Biden on Wednesday nominated Phil Washington, the head of Denver International Airport, to lead the Federal Aviation Administration. Washington’s nomination to run the agency, which has roughly 45,000 employees, comes after […]
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China Southern to buy 96 Airbus A320neo jets, biggest order since Covid
An Airbus A320neo aircraft in Colomiers near Toulouse, France, October 17, 2017. Regis Duvignau | Reuters China Southern Airlines said on Friday it would buy 96 Airbus A320neo jets in the biggest plane order by a Chinese airline since the start of the Covid pandemic and in a major boost to the European planemaker in […]
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Hackers can bring ships and planes to a grinding halt. And it could become much more common
Container cargo ships sit off shore from the Long Beach/Los Angeles port complex in Long Beach, CA, on Wednesday, October 6, 2021. Jeff Gritchen | MediaNews Group | Getty Images Armed with little more than a computer, hackers are increasingly setting their sights on some of the biggest things that humans can build. Vast container […]
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Boeing is a high risk buying opportunity that could soar 56% from here, Citi says
Boeing shares could soar 56% from here if the company’s three commercial aircraft programs maintain projected levels of profitability — though the buying opportunity is high risk, according to Citi. Analyst Charles Armitage upgraded shares of Boeing to buy/high risk from neutral, saying in a Thursday report that the outlook for the company’s 737 MAX, […]
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Boeing delivers 35 planes in May as it grapples with supply chain problems
A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, June 29, 2020. Karen Ducey | Reuters Boeing said Tuesday it delivered 35 planes in May, on par with the previous month as it grappled with supply chain issues affecting its bestselling 737 Max jetliner. The manufacturer booked gross […]
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Trump’s Air Force One paint scheme scrapped by Biden
A model of the proposed paint scheme of the next generation of Air Force One is on display during a meeting between U.S. President Donald Trump and Canadian Prime Minister Justin Trudeau in the Oval Office of the White House June 20, 2019 in Washington, DC. Alex Wong | Getty Images The Biden administration will […]
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DOJ moves to seize 2 planes from Russian oligarch Roman Abramovich
Chelsea owner Roman Abramovich is seen on the stand during the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason | Getty Images A federal judge in New York on Monday signed a warrant authorizing the seizure by the Justice Department of two jets […]
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