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The market ends the week mixed as oil retreats and the dollar continues to strengthen. The NASDAQ and tech lead the way for stocks, up almost 1.6% for the week, followed by the S&P roughly flat, and the Dow lower for the week by almost a percent.
Both bidders in the $35 billion tanker competition met with Pentagon officials and said their piece over the new request for bids (the "RFP"). The difference in their responses afterwards may give you a clue as to how it went.
Boeing is keeping all of its options open in the air refueling tanker competition, disagreeing with an Aviation Week report that it is "strongly considering" dropping out, and your responses on American Airlines' flight attendant investigation.
The chances are "pretty good" that Boeing is truly considering the threat, because the new Pentagon request from bidders contains two things--a tanker ready next year, and a larger aircraft--which are both "bad for Boeing."
Aviation Week is reporting that Boeing is "strongly considering" not participating in the next round of bids for the air refueling tanker. This is not the first time someone has threatened to stop playing and go home. Last year, Northrop Grumman threatened to withdraw from the competition when it didn't feel it was being given a fair shot.
Figuring out when and how a company’s earnings are going to change before anybody else does is hard to do, and it’s time consuming. But, man, does it pay off.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Boeing has announced the first cancellation of an order for its delayed 787 Dreamliner, signaling that airlines may be getting impatient for deliveries of the new, fuel efficient plane.
The Pentagon has released its "draft" of requirements to Boeing and Northrop Grumman in what it wants in a new air refueling tanker, and, at first blush, advantage Northrop.
Today the Department of Defense is submitting a new "draft request-for-proposal and source selection process" for the air refueling tanker. In other words, we find out what the Pentagon is looking for in a new plane, and how it will be incorporating the changes suggested by the Government Accountability Office.
The Dow took the Fed ball and ran with it, crossing the finish line with a gain of more than 330 points.
With minutes to go before the close, the Dow is up over 300 led by AIG, Boeing, and P&G.
The Dow got a pop of relief after the Fed announced plans to hold rates steady and said inflation should moderate.
It’s cliché’ but plane maker Boeing seems to be stick in a bit of a nosedive. The stock dropped to a 3-year low as fear of high fuel prices and labor issues plague the company.
Cramer makes the call on viewers' favorite stocks.
European aerospace group EADS said on Wednesday it was extending its Power8 restructuring at planemaker Airbus and measures to tackle a weak dollar as it posted weaker-than-expected second quarter profit.
Sometimes a stock is hot and other times it just burns. Following are the Fast Money misfire.
Arrogance is a sin – and the only kind of sin on this show is one that loses an investor money.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Plus, Cramer explains why coal, and a lot of energy stocks, aren't buys anymore.
Stocks ended sharply lower Thursday as the market got a triple whammy: Oil resumed its ascent, major earnings reports sparked a fresh wave of concern about corporate profits and home sales hit a 10-year low. All three major indexes lost at least 2 percent.
Stocks declined as oil resumed its ascent and investors braced for the next batch of corporate earnings. A drop in home sales and a jump in jobless claims above the key 400,000 mark added some pressure.