The business of federal contracting can be extremely lucrative, even during recent years, when budgets were squeezed.» Read More
Boeing employees and union leaders didn't find it funny. Machinists union international President Tom Buffenbarger issued a statement Friday saying the "unfunny and unnecessary remarks" serve as a "reminder that the Jack Welch style of anti-personnel management is still alive and well at Boeing.
Boeing fell $2.31 or 1.8 percent, to $124.40. Lockheed Martin Corp. rose $1.87 or 1.1 percent, to $169.97. Northrop Grumman Corp. rose $1.31 or 1.0 percent, to $127.92.
Boeing fell $2.24 or 1.8 percent, to $124.47. Lockheed Martin Corp. rose$. 77 or. 5 percent, to $168.87. Northrop Grumman Corp. rose$. 86 or. 7 percent, to $127.47.
Boeing fell $2.18 or 1.7 percent, to $124.53. Lockheed Martin Corp. rose$. 24 or. 1 percent, to $168.34. Northrop Grumman Corp. rose$. 80 or. 6 percent, to $127.41.
ALGIERS, Algeria— An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday over northern Mali during a rainstorm, officials said.
Gary Bradshaw, Senior VP & Portfolio Manager at Hodges Capital Management, says problems with Boeing's new air force tanker planes are resolved and the firm will see improvements going forward.
An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.
The "Fast Money" traders share their final trades of the day.
The stock market eked out a record high Wednesday, as investors weighed positive earnings from the technology industry against disappointing news from Boeing and other companies. Apple reported earnings that topped analysts' estimates, helped by rising shipments of iPhones. Microsoft also reported results that beat forecasts.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on Apple's bullish results, though Boeing weighed on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check.
NEW YORK— U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings. The S&P 500 edged up three points, or 0.2 percent, to 1,987. That was two points higher than its last record close reached on July 3. Boeing fell 2 percent, the most in the Dow, after reporting disappointing revenue.
NEW YORK, July 23- U.S. stocks ended mostly higher on Wednesday, with the S&P 500 closing at a record on bullish results from Apple, though Boeing dragged on the Dow and conflicts in Ukraine and the Gaza Strip kept the broader market's gains in check. The Dow Jones industrial average fell 26.91 points or 0.16 percent, to end unofficially at 17,086.63.
*Apple rallies after results, boosting tech names. NEW YORK, July 23- U.S. stocks were largely higher on Wednesday, with the S&P 500 hitting another record high after bullish results from tech giants Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
CNBC's Phil LeBeau breaks down the numbers on Boeing's quarterly results, and explains why the stock is sinking.
July 23- Boeing Co reported a 52 percent jump in quarterly profit, helped by higher commercial plane deliveries and one-time tax gains, but investors were spooked by rising costs in its military tanker program.
CNBC's Phil LeBeau breaks down the numbers on Delta and Boeing. Also a look at what to expect from the high-flying airline sector as the S&P Transports hit all-time highs for the second day in a row.
NEW YORK— Stocks are little changed in midday trading as traders look over a mixed batch of corporate earnings. Boeing fell 2 percent Wednesday after its revenue fell short of what analysts were expecting. The Standard& Poor's 500 index rose five points, or 0.3 percent, to 1,988 as of noon Eastern time.
*Microsoft sees end to Nokia losses, shares rise. NEW YORK, July 23- The S&P 500 hit a record high on Wednesday, lifted by bullish earnings from companies like Apple and Microsoft, though technical resistance and conflicts in Ukraine and the Gaza Strip kept gains in check.
Whirlpool missed profit and revenue expectations by a wide margin, and cut their full year forecast.
CNBC's Phil LeBeau breaks down the numbers on Boeing's quarterly results, and discusses Delta's suspension of flights into Israel.