Text size The Federal Aviation Administration gave clearance to Boeing to begin deliveries of the 787 Dreamliner after approving the company’s plan to correct production problems with the aircra...
Tag: Aerospace/Defense
Defense Companies Hurt by Staffing Shortages Amid Growing Weapons Demand
July 30, 2022 11:04 am ET Listen to article (2 minutes) U.S. defense companies are experiencing staffing shortages when the war in Ukraine and tensions surrounding Taiwan are expected to stoke demand ...
Boeing Clears Hurdle for Resuming 787 Dreamliner Deliveries
U.S. air-safety regulators signed off on a Boeing plan aimed at addressing problems with the 787 Dreamliner, a major step before the company restarts deliveries of the aircraft, according to people fa...
15 quality dividend stocks that you can buy on sale right now
John Buckingham, editor of the Prudent Speculator newsletter, paraphrases Warren Buffett when he says “whether it is socks or stocks, we like to buy quality merchandise that is marked down.” And 2022 ...
Boeing Earnings Revealed Another Big Loss. What Saved the Day for the Stock.
Text size Boeing delivered 121 commercial jets in the second quarter of 2022, up from 95 jets delivered in the first quarter. Justin Tallis/AFP via Getty Images Boeing’s quarterly earnings were messy,...
About 2,500 Boeing workers to strike after rejecting contract offer
ST. CHARLES, Mo. — Roughly 2,500 Boeing workers are expected to go on strike next month at three plants in the St. Louis area after they voted Sunday to reject a contract offer from the plane maker. T...
Boeing Poised to Increase 787 Production Once Deliveries Resume
FARNBOROUGH, England—Boeing is preparing to increase production of its 787 Dreamliner soon after U.S. air-safety regulators allow the aircraft to resume deliveries, according to a person close to the ...
‘Hot inflation is over.’ Here’s where what that means for investors, says this portfolio manager.
A firmer start is ahead for stocks. Investors seem to be perking up after Apple spoiled the mood some on Monday via a report it plans to slow its hiring roll. If true, Apple AAPL, +2.39% has good comp...
Vertical Aerospace Stock Soars. American Airlines Provides Cash for eVTOL Maker.
Text size There are many new players vying for eVTOL market share, including Vertical Aerospace. Courtesy Vertical Aerospace Vertical Aerospace , the eVTOL maker, secured some expected funding from Am...
Novartis Will Cut 8,000 Jobs Under CEO’s Shake-Up Plan
Text size Vasant Narasimhan, CEO of Novartis. ERIC PIERMONT/AFP/Getty Images Pharmaceutical giant Novartis said Tuesday it will lay off more than 7% of its workforce, just a few months after CEO Vas N...
How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute
When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying ...
Aerospace & Defense Companies View Their Business Through Ukraine-Colored Lenses
MARIUPOL, UKRAINE – MAY 22: Metinvest employees work at the Ilyich Iron and Steel Works on May 22, … [+] 2014 in Mariupol, Ukraine. (Photo by John Moore/Getty Images) Getty Images A report...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
Boeing Says ‘Drip, Drip’ of Bad News Should Stop. Investors Don’t Believe It.
Text size Boeing CEO Dave Calhoun expects air travel demand to stay. Dreamstime Boeing CEO Dave Calhoun spoke Wednesday at an conference in Qatar arranged by Bloomberg. For investors, there was some g...
Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.
An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...
SpaceX Fires Employees Involved in Letter Critical of Elon Musk, Company
SpaceX fired some employees involved in a letter that criticized Chief Executive Elon Musk and the way the company applies internal rules, according to an email to staff from SpaceX’s president and pe...
Dogecoin investor sues Elon Musk, Tesla, SpaceX for $258 billion, claiming ‘pyramid scheme’
A dogecoin investor is suing Elon Musk and two of his companies, Tesla Inc. and SpaceX, for $258 billion, accusing them of operating a “pyramid scheme” to inflate the price of the cryptocurrency. The ...
Caterpillar to move headquarters to Texas from Illinois in fresh blow to the Chicago area
Caterpillar Inc. said Tuesday it will move its global headquarters from Illinois to an existing divisional office in Irving, Texas, in the Dallas–Forth Worth area, in another blow to metropolitan Chic...
Opinion: Inflation is making everything we buy more expensive, and once stagflation hits things could get even worse
Last month I examined the culprits that are causing global inflation, including rising interest rates, persistent supply chain issues (China locking down cities), and climbing energy and fertilizer pr...
Boeing Hasn’t Delivered…on Jets or Other Requisites for Recovery
Text size At this point, Boeing’s task is simple—it needs to stop the bleeding. Joe Raedle/Getty Images Boeing’s badly beaten-up stock might be nearly as weak as it will get. When Barron’s recommended...
Boeing Changes Will Make Planes Safer, Executive Says
EVERETT, Wash.––Boeing safety chief said changes under way at the plane maker following two deadly 737 MAX crashes should prevent engineers from designing another automated cockpit system without suff...
Boeing Stock Might Be Finding a Bottom. What to Watch From Here.
Text size A Boeing 747 in Louisville, Kentucky, early this year. Jon Cherry/Getty Images Boeing ’s badly beaten-up stock might be nearly as weak as it will get. “The decline in Boeing ’s stock price h...
FAA Boeing 787 approval could spell good news for these stocks
The companies that supply components for the 787 Dreamliner could benefit from the FAA’s reported approval of a Boeing Co. process for validating fixes to each plane before they are shipped to custome...