Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange. Bryan R. Smith | AFP | Getty Images Dow Jones Industrial Average drops 277 points The Dow slid 277.26 points, or 0.94%, to 29,102.51. The S&P 500 fell 0.54% to 3,327.71. The Nasdaq Composite pulled […]
Tag: Boeing Co
Dow down 300, coronavirus names fall, Uber best day ever
This is a live blog. Check back for updates. 3:20 pm: Casper shares fall below its IPO price on second day of trading Shares of Casper plunged about 16% to $11.34 in afternoon trading, dipping below its IPO price of $12 per share. In its market debut on Thursday, the online mattress maker’s stock opened […]
Fourth quarter GDP could show economy entered a slower growth patch at year-end
Economic growth in the final quarter of the year is expected to be on par with the third quarter’s 2.1%, but it is also likely to herald the start of a slower trend that could continue through the first half of this year. Fourth quarter growth is expected to have been 2.1%, according to Dow […]
Boeing CEO says he’s confident regulators will sign off on 737 Max by mid-year
Boeing’s new CEO, David Calhoun, told CNBC on Wednesday that he’s confident that regulators will permit the 737 Max to return to service by the middle of 2020. Last week, Boeing gave airlines and suppliers that same timetable, which was months later than the company previously expected. “Mid-year is what we think we can do,” […]
American Airlines (AAL) earnings Q4 top expectations
The Fort Worth-based service on Thursday posted internet earnings of $414 million for the final three months of 2019, up greater than 27% from a yr earlier. Revenues rose 3.4% to $11.31 billion, simply above Wall Street expectations. American reported earnings per share of $1.15 on an adjusted foundation, a penny larger than analysts’ […]
5 things to know before the stock market opens January 21, 2020
U.S. inventory futures have been pointing to a decrease Wall Street open on Tuesday, with world shares from Asia to Europe underneath strain. The U.S. market was closed Monday for the Martin Luther King Jr. vacation. On Friday the Dow Jones Industrial Average, S&P 500 and Nasdaq all closed at report highs once more. For […]
Boeing expected to take another big, ugly charge on 737 Max crisis
A 12 months in the past, Boeing posted file revenues topping $100 billion with hopes of delivering a chart-topping variety of airplanes in 2019, together with a whole bunch of 737 Max jetliners. The information is not going to be so rosy on its fourth-quarter earnings name this 12 months. Those bestselling planes had been […]
Boeing’s new CEO Calhoun has little margin for error in 737 Max scandal
Dave Calhoun, Chairman of Boeing Adam Jeffery | CNBC Boeing’s new CEO, Dave Calhoun, has a daunting to-do list when he takes the reins at the company’s Chicago headquarters on Monday: improving the plane-maker’s strained relationships with regulators and airline customers, winning back public trust and getting the 737 Max — grounded for almost a […]
Lululemon, Boeing, Tesla, Ford & more
Check out the companies making headlines before the bell: Lululemon (LULU) – The apparel maker raised its earnings and revenue guidance for the fourth quarter, citing holiday season momentum. Lululemon now expects a profit of $2.22 to $2.25 per share for the quarter, compared to a previous range of $2.10-$2.13 and a consensus estimate of […]
