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Triumph Group Gets A Double Downgrade On Looming Production Uncertainty
Tuesday, September 24, 2024 - 11:54am | 373Read More...Triumph Group Inc (NYSE:TGI) received a downgrade last month from a Truist Securities analyst. While the company's transformation efforts have resulted in a "leaner, more focused portfolio," this is being overshadowed by the "uncertain aircraft production rates" of Boeing Co (NYSE:BA) and Airbus SE...
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Boeing Stock Climbs As Company Sweetens Labor Deal: What You Need To Know
Monday, September 23, 2024 - 6:30pm | 449Read More...Boeing Co (NYSE:BA) shares are moving higher on Monday. The stock appears to be getting a lift after the company sent a new labor deal offer to its striking workers. What Happened: According to a Wall Street Journal report, Boeing on Monday made a new offer to its machinist union workers who voted...
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Boeing Stock Continues To Fall After Announcing Hiring Freeze, Other Cost Cuts Amid Workers' Strike
Monday, September 16, 2024 - 4:24pm | 560Read More...Boeing Co (NYSE:BA) shares fell Monday after the company announced a hiring freeze and delayed pay increases for its salaried workforce as the aerospace company faces increased cash drain during a worker strike launched Friday. The Details: Boeing CFO Brian West announced the measures in a memo to...
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Stock Of The Day: Is Boeing Cruising Lower As Strike Looms?
Thursday, September 12, 2024 - 12:06pm | 654Read More...Boeing Co (NYSE:BA) shares may be heading lower. Support has converted into resistance and sometimes this price action occurs just before a downtrend forms. This is why it is our Stock of the Day. Another factor to remember is the vote today (Thursday) by members of the International...
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Boeing's Cash Flow Goal May Be Pushed Back, Wells Fargo Says While Lowering Outlook
Tuesday, September 3, 2024 - 6:26pm | 529Read More...Boeing Co (NYSE:BA) may need to delay its annual free cash flow target of $10 billion by two years to 2027-’28 and come up with $30 billion before it can start designing a new aircraft, said Wells Fargo, which lowered its outlook on the company’s shares. Lead analyst Matthew Akers...
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Ukrainian Pilots Begin Using F-16s Against Russia
Tuesday, August 27, 2024 - 6:17pm | 407Read More...Ukraine started using F-16 warplanes in combat as Russia mounted a massive aerial assault on civilian infrastructure, according to a U.S. official. F-16s are the most sophisticated weapon that the U.S.-led coalition has supplied Ukraine in its war with Russia. The White House and Pentagon had...
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Joby Aviation Stock Is Up After Q2 Results
Wednesday, August 7, 2024 - 5:44pm | 340Read More...Joby Aviation, Inc. (NYSE:JOBY) shares are trading higher after the company reported its second-quarter financial results Wednesday. Here's a look at the details from the report. The Details: Joby Aviation reported quarterly GAAP losses of 18 cents per share, which met the analyst consensus...
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Will Boeing Stock Take Off On Q2 Earnings — Or Remain Grounded? What Investors Should Know Before The Report
Tuesday, July 30, 2024 - 1:39pm | 756Read More...Boeing Co (NYSE:BA) is gearing up to report second-quarter earnings this week. Investors will be watching for any signs of a turnaround given the planemaker’s dismal performance year-to-date. Here’s what you need to know ahead of the print. What To Know: Boeing is set to report...
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Boeing May Avoid Criminal Charges For Violating Settlement: Federal Monitor To Oversee Safety
Friday, June 21, 2024 - 12:26pm | 533Read More...Boeing Co (NYSE:BA) has reportedly been approved by the U.S. Department of Justice to avoid criminal prosecution for breaching terms of a 2021 settlement linked to issues with its 737 Max 8 model, which led to two fatal plane crashes in 2018 and 2019. Instead, the Justice Department intends to...
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How Spirit AeroSystems Is Caught Between Boeing And Airbus Tactics
Thursday, June 20, 2024 - 12:57pm | 343Read More...Spirit AeroSystems Holdings Inc (NYSE:SPR) is a key supplier for both Boeing Co (NYSE:BA) and Airbus SE (OTC:EADSY). While an acquisition by Boeing is "at least partially baked into the stock," there is uncertainty around the timing, according to Benchmark. The Spirit AeroSystems Holdings Analyst:...
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Boeing Testimony Before Congress Comes As Several Members Sold Shares Of Aerospace Giant
Tuesday, June 18, 2024 - 1:02pm | 609Read More...Boeing Co (NYSE:BA) CEO David Calhoun will testify before Congress today (June 18) about the company's safety measures. The testimony comes as several members of Congress sold their Boeing shares in 2024. What Happened: Calhoun will testify in front of the Senate Committee on Homeland Security...
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Airbus Battles Supply Chain Headwinds, Threatening Future Jet Deliveries: Report
Friday, May 31, 2024 - 10:30am | 367Read More...Airbus SE (OTC:EADSY) is reportedly encountering additional challenges in its planned increase in passenger jet production. The world’s leading aircraft manufacturer is struggling with persistent shortages of parts and labor, reported Reuters, citing a source. It is unclear whether the...
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Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet
Friday, May 24, 2024 - 4:20pm | 930Read More...Each week, Benzinga’s Stock Whisper Index uses a combination of proprietary data and pattern recognition to showcase five stocks just under the surface and warrant attention. Investors are constantly on the hunt for undervalued, under-followed and emerging stocks. With...
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Boeing Isn't Junk Status — Yet: Moody's Outlook On Aircraft Maker Goes Negative
Wednesday, April 24, 2024 - 5:27pm | 611Read More...Boeing Co.'s (NYSE:BA) problems continue as Moody's Ratings downgraded the plane-maker’s credit score. What Happened: Moody’s lowered the score on Boeing's unsecured debt to Baa3 from Baa2, according to a report published Wednesday. Ba2 is the lowest possible investment-grade rating....
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'Airplanes Are Not Like Ikea Furniture': American Airlines Pilot Sounds Alarm On Boeing 'Mess'
Wednesday, April 10, 2024 - 2:36am | 823Read More...American Airlines pilot and spokesperson for the Allied Pilots Association Capt. Dennis Tajer has voiced serious concerns regarding new safety allegations about Boeing Co. (NYSE:BA) 787 aircraft. What Happened: During CNBC’s “Last Call” on Tuesday, Tajer described the Boeing...
















