US Futures Pare Losses, but Trend Still Down
Boeing Co
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Stocks closed down 1 percent after the minutes from the last Fed policy setting meeting suggested the central bank could begin tapering bond purchases sooner than the market expects.
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Boeing is expected to announce that its 787 Dreamliner has been delayed by 18 months, a setback that will cost the company billions of dollars in compensation to airlines.
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Boeing is expected to announce that its 787 Dreamliner has been delayed by 18 months, a setback that will cost the company billions of dollars in compensation to airlines, according The Times in London website.
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Stocks are trudging along and have held up fairly well in the face of some not so good news and ahead of the barrage of next week's earnings reports.
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Plus, Intel drags down tech, breaking news from American Airlines and UPS and much more.
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The March jobs report (and the downward revisions in February) was a bit worse than expected, which is a disappointment for stock traders. Let's be clear: stock traders want signs of stability and bottoming in economic statistics. They DO NOT want weak numbers on the theory that the Fed will continue to cut rates. They will gladly trade less rate cuts for an improving economy.
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Northrop Grumman updated analysts with a conference call on the KC-45 tanker program--the $35 billion contract Northrop and EADS beat out Boeing to win. Boeing has filed a protest, and today Northrop said it has completely stopped work on the tanker until a review of the protest is completed by the Government Accounting Office.
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French regulators recommended on Tuesday that executives at Airbus and parent EADS face insider trading penalties or charges linked to costly delays of the A380 superjumbo and said the company had misled markets.
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We’re talking tankers and sock monkeys, because…we can. In the latest volley over whether or not the Air Force tanker contract should be trashed, Northrop Grumman will hold a conference call Tuesday morning with analysts (reporters can listen) “to discuss the KC-45 tanker program.”
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Cramer makes the call on viewers' favorite stocks.
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This student investment club manages millions and beats the market every year. But do they have what it takes to get their stocks blessed by the King of Cramerica?
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Northrop Grumman on Wednesday said it had filed a motion asking the Government Accountability Office to dismiss parts of a Boeing protest against the Air Force's decision to award Northrop a $35 billion refueling aircraft contract.
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The trade ahead of Wednesday's durable goods report.
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Tuesday's explosive stock rally, fueled by the Fed's latest efforts to stem the credit crisis, is convincing more on Wall Street that the market may finally be nearing a bottom.
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The rise of the euro towards $1.60 threatens bankruptcies in Europe's aerospace industry, the head of France's Dassault Aviation, maker of Falcon business jets and Rafale fighters, said on Tuesday.
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Dow Industrials newcomer Bank of America leads the list as the highest current yielder of all 30 Dow stocks. Chevron, the other recent Dow addition enters the list with a 2.7% yield.
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Nearly bankrupt Italian carrier Alitalia has agreed to be bought by Air France-KLM, the world's biggest airline by revenues, for a smaller than expected 138 million euros ($215 million) and a pledge to buy back bonds.
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Stocks tumbled Friday, after an initial jump, following news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns.
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From harsh criticism of the Federal Reserve in the United States to the MIPIM real estate conference in Cannes, the week was filled with compelling video. But only seven made the cut.
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Stocks tumbled Friday, after an initial jump, following news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns.
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Northrop Grumman CEO Ronald Sugar says his company plans to build four factories in the United States as part of a partnership with European Aeronautic Defence and Space (EADS).