|Bid||373.60 x 3000|
|Ask||373.65 x 1200|
|Day's range||371.81 - 376.43|
|52-week range||292.47 - 446.01|
|Beta (3Y monthly)||1.33|
|PE ratio (TTM)||21.37|
|Earnings date||24 Jul 2019|
|Forward dividend & yield||8.22 (2.20%)|
|1y target est||413.57|
Boeing could report its biggest loss ever on Wednesday, sagging under the weight of $5.6 billion in costs so far due to the crisis surrounding the 737 MAX aircraft. The Ethiopian Airlines catastrophe that killed 157 passengers and crew, came on the heels of a Lion Air crash last fall killing 189 people. How does the MAX crisis affect the bottom line?
Eaton (ETN) decides to acquire the Souriau-Sunbank Connection Technologies business from TransDigm Group for $920 million. This buyout is likely to help it expand the aerospace business.
The new president of the American Airlines pilots' union says his group will help assure the public that the Boeing 737 Max is safe when it is cleared to fly again. Ferguson took over the Allied Pilots Association in June, a few months after a heated meeting between Boeing officials and some American Airlines pilots. Boeing is reworking the software and hopes to get the plane flying again in the fourth quarter, although some analysts think 2020 is more likely.
Investors have been holding their breath for a Fed rate cut for a while now. But are they prepared in the event that that doesn't happen?
The Nasdaq rallied Monday, with large technology shares gaining ahead of earnings reports and semiconductor stocks surging on expectations the sector is primed for good results. With some 130 companies the S&P 500 set to report this week, analysts are squarely focused on earnings in a week that is relatively light in terms of US economic data and a lull period before a highly-anticipated July 31 Federal Reserve announcement. Shares of Amazon, Facebook and Google parent Alphabet all rose ahead of earnings this week, along with Apple, which gained 2.3 percent after Morgan Stanley lifted its price target.
The aircraft maker and its CEO, Dennis Muilenburg, are weathering a storm, but for investors, there's no need to grab your parachute just yet!
Boeing and Lockheed Martin are competing for a $15 billion order. Defense spending is expected to increase as India's armed forces modernize.
Investing.com – Tech stocks moved higher on Monday, but the rest of the stock market seemed to stand still.
Boeing's (BA) lackluster delivery performance and after-tax charges pertaining to the 737 MAX grounding and associated delivery delays are expected to dampen its bottom line in second-quarter 2019.
Lockheed Martin's (LMT) second-quarter 2019 results are likely to benefit from the projected higher volume of F-35 deliveries.
The revision, which comes on the heels of Boeing's nearly $5 billion charge related to the grounding, could potentially increase borrowing costs for the world's largest planemaker. Both the ratings agencies, however, retained their investment grade credit rating on Boeing debt, given the company's liquidity, financial flexibility and dominant position in the market. Fitch has an 'A'/'F1' rating on Boeing debt, while Moody's has an 'A2' rating.
General Dynamics (GD) has been witnessing higher interest expenses over the past few quarters, primarily due to the debt issued to finance the acquisition of CSRA Inc.
Giant market players like Facebook (FB), Alphabet (GOOGL), Boeing (BA), Amazon (AMZN) and Tesla (TSLA) will be among those reporting this week.
Economic data and earnings will keep investors busy this week. More than a quarter of the S&P; 500 companies are scheduled to release their earnings.
The Boeing 737 MAX won't return to service until very late in 2019, at best. With cash flow likely to remain negative until 737 MAX deliveries resume, Boeing may need to issue more debt to bolster its liquidity.