Boeing Co (NYSE: BA) has been a disaster for its shareholders in 2022, now down nearly 40% year-to-date, but a Jefferies analyst says a full recovery is on the cards. Boeing Co could be a $225 stock O...
Tag: Boeing
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...
Aviation Hits New Low, Ranks As 4th-Leading U.S. Export In 2022
Boeing 737 Max jets sat parked at Boeing Field in Seattle in late 2020, just after being granted FAA … [+] approval to fly again. The Boeing jets had been grounded for 20 months after two deadly...
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...
Citi Turns Bullish On Boeing
Reuters ‘Never say never’: Boeing open to GE-Safran’s new engine concept Boeing Co could embrace new engine technology for its next new airplane program, vital to fending off arch-ri...
Citi upgrades Boeing to a buy citing BA’s ability to meet production and profitability targets
On June 16, Boeing (NYSE: BA) was upgraded from a Hold to a Buy/High Risk with a price target of $209. This upgrade hinges on the aerospace giant’s ability to resolve its medium-term risks, while the ...
Boeing Stock Soars On China 737 Max Test Flight, Plane Demand Bets
Updated at 1:25 pm EST Boeing (BA) – Get The Boeing Company Report shares powered higher Wednesday amid news that a key China carrier conducted test fights of the planemaker’s troubled 73...
Caterpillar’s Headquarters Are Moving to Texas
Caterpillar has had a presence in Texas since the 1960s, according to the firm, but Illinois remains the largest concentration of Caterpillar employees. Dreamstime Text size Caterpillar is moving head...
Caterpillar Follows Boeing In Chicago Exit, Moving HQ To Texas
Updated at 3:42 pm EST Caterpillar (CAT) – Get Caterpillar Inc. Report said Tuesday it will begin moving its corporate headquarters to the Dallas-Fort Worth area later this year, marking the se...
Boeing plane deliveries total 35 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 prev...
Army’s Future Vertical Lift Competition Could Have A Devastating Impact On The Industrial Base
Sometime later this year, probably in September, the U.S. Army will select the winner of its biggest rotorcraft program since the Vietnam War era. As part of its Future Vertical Lift modernization pro...
Boeing Stock Stages A Strong Bounce; This Short Straddle Option Trade Could Produce $1,645
Boeing (BA) has bounced from the May lows and is heading toward resistance in the 145-150 range. The rally from 120 to 140 by Boeing stock was impressive. Yet perhaps shares are now due to consolidate...
Airbus Outlines Five Ways U.S. Airlines Can Meet 2050 Net-Zero Commitment
Airbus has a created a plan to help the world airline industry address a bold 2050 net-zero … [+] emissions target. getty The world airline industry, though the International Air Transport Assoc...
Boeing shares have to beat ‘this resistance’ to pull out of the downtrend
Boeing Co (NYSE: BA) shares are pretty much in a freefall in 2022, now down roughly 40% from their year-to-date high. Still, CEO Dave Calhoun continues to be constructive for the current year. CEO Cal...
Navy’s Robotic Orca Submarine Could Be A Gamechanger In The Pacific
The U.S. Navy has embarked on a campaign to assimilate unmanned warships into its fleet of combat vessels. The unmanned warships come with diverse forms and features, but the most promising at present...
China’s Covid Policy Is Costing It Foreign Investors’ Confidence
American companies such as Tesla have had their China operations disrupted by Covid lockdowns in … [+] Shanghai in the past several weeks. (Photo by Xiaolu Chu/Getty Images) Getty Images Shangha...
Stock Market Extends Rally As Key Inflation Rate Lower Than Expected; Tesla, Boeing, Apple Lead Indexes
The stock market closed sharply higher Friday, extending the rally to a third day, to start the three-day weekend on encouraging inflation data. Tesla (TSLA), Apple (AAPL) and Boeing (BA) were among t...
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 lands Starliner capsule, completing a crucial test flight
Boeing’s Starliner capsule lands in White Sands, New Mexico on May 25, 2022 to complete the OFT-2 mission. NASA TV Boeing landed its uncrewed Starliner spacecraft in the New Mexico desert on Wed...
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...
U.S. Airlines Trimming Summer Capacity, Favoring Reliability
Recent airline cancellations due to staffing shortages have caused many U.S. airlines to cut summer … [+] flying, in an attempt to return to reliable operations. dpa/AFP via Getty Images Make ha...
Boeing MAX is unlikely to fly in China anytime soon; Should you sell BA stock?
Boeing’s (NYSE: BA) 737 MAX aircraft will likely not be flying over Chinese skies any time soon. On Friday, May 20, China Eastern Airlines (NYSE: CEA) outlined modifications and further pilot training...
Boeing Starliner Reaches Orbit In Test Launch After Years Of Struggles
Topline An uncrewed Boeing Starliner spacecraft reached Earth’s orbit Thursday evening and is now en route to the International Space Station, marking what could become the capsule’s first successful ...
Boeing needs a stronger vision to bounce back from crisis
Dave Calhoun became chief executive of Boeing at its very lowest ebb two years ago. His mission was to restore confidence in the company after revelations that Boeing had misled regulators to speed up...
United Airlines says FAA cleared grounded Boeing 777s to fly again
A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | B...
Boeing found a new headquarters. But customers fear it has ‘lost its way’
Boeing’s decision to transplant its corporate headquarters from Chicago to Arlington, Virginia, should have signalled a new chapter in the industrial giant’s history. Instead, the move has drawn criti...
Boeing Could Face Another Test on 787. Investors Need ‘D’ for Deliveries.
Text size An American Airlines Boeing 787-9 Dreamliner. Joe Raedle/Getty Images Boeing investors could use a bit of good news, but they don’t seem to be getting any. The latest is the assertion that t...
Jim Cramer dubs Amazon the ‘Boeing of retail’
Amazon.com Inc (NASDAQ: AMZN) is the “Boeing of retail”, said famed investor Jim Cramer on Monday as he blasted the Seattle-headquartered multinational for continued underperformance this ...
Ryanair boss claims Boeing ‘not up to the job’
Ryanair’s chief executive Michael O’Leary has called for Boeing to make sweeping changes to its senior management to help fix a run of delayed deliveries and lost business to rival Airbus. The Irish e...