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2024-07-03 15:59:01 ET Summary "The Dow® [adds a stock] if the company has an excellent reputation, demonstrates sustained growth, and is of interest to numerous investors... Sector representation...is also a consideration."–Dow Jones & Co. The highest-yield 10 sto...
2024-07-03 13:02:49 ET More on Boeing Boeing Buys Spirit AeroSystems: A Major Aerospace Shake-Up Boeing's Big Purchase Of Spirit AeroSystems Is Questionable Boeing: Integrating Fuselages With Spirit AeroSystems Boeing's acquisition of Spirit AeroSystems is mo...
Boeing to Release Second-Quarter Results on July 31 PR Newswire ARLINGTON, Va. , July 3, 2024 /PRNewswire/ -- The Boeing Company [NYSE: BA] will release its financial results for the second quarter of 2024 on Wednesday, July 31 . President and Chief Execu...
2024-07-02 15:29:29 ET Boeing's (NYSE: BA) deal to buy key supplier Spirit AeroSystems (NYSE: SPR) was warmly received by the market. It pleased a Jefferies analyst who reiterated a buy rating on the stock and a $270 price target, which implies a 45% upside to the curren...
2024-07-02 11:17:37 ET Summary Boeing acquires Spirit AeroSystems in a $8.3 billion all-stock deal, with shareholders receiving between 0.18 and 0.25 Boeing shares. Airbus receives $559 million compensation to take back lossmaking business from Spirit AeroSystems. Boeing's acq...
2024-07-02 11:16:54 ET More on Airbus SE Airbus Is A Winner But Airplane Orders And Deliveries Point Toward Challenges Airbus: This Stock Is Plane Awesome Airbus: A320neo Family Drives Airplane Orders and Deliveries Airbus to be paid $559M as part of splittin...
2024-07-02 09:45:11 ET Summary RTX Corporation has outperformed the Industrial sector in the past nine months, with shares up over 40% despite a recent pullback. RTX posted solid bottom-line beats in 1H24 with strong organic growth, reaffirming FY 2024 sales guidance and free cash...
Turkish Airlines Orders Four More Boeing 777 Freighters - New order will triple carrier's 777 Freighter fleet and add 408 metric tons to cargo lift PR Newswire ISTANBUL , July 2, 2024 /PRNewswire/ -- Boeing [NYSE: BA] and Turkish Airlines today announced an o...
2024-07-01 20:50:44 ET Summary Boeing agreed to acquire Spirit AeroSystems in a multi-billion dollar transaction. The deal structure allows for exchange ratio adjustments based on Boeing's stock price, offering potential upside for Spirit AeroSystems shareholders. The transact...
2024-07-01 16:20:12 ET Summary The Boeing Company announced the long-awaited acquisition of Spirit AeroSystems to regain control over production and quality, adding operating losses, debt, and dilution for shareholders. The all-stock deal is valued at $4.7 billion, with Boeing ass...
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Boeing Projects Global Need for Nearly 2.4 Million New Commercial Pilots, Technicians, Cabin Crew - 2024 Pilot and Technician Outlook forecasts Eurasia, China and North America account for more than half of demand for aviation personnel through 2043 - South Asia, Southeast Asia and ...
Lufthansa Technik, Boeing Sign License Agreement for 787 Dreamliner Cabin Modifications - Lufthansa Technik selected to expand 787 interior modification capacity and choice in the market - First cabin modification project under this agreement to start in 2025 PR Newswire ...
Japan Airlines Will Modernize Fleet with up to 20 More Boeing 787 Dreamliners - Japan's flag carrier commits to 10 fuel-efficient 787-9 jets with options for 10 more - Adding 787s on long-haul routes to meet rising international travel demand PR Newswire FARNBOROUGH, ...