U.S. stocks closed higher on Friday, with the Nasdaq setting another record as investors cheered major earnings reports.» Read More
Boeing won a tentative order from Dubai Aerospace Enterprise for 100 aircraft, including 70 of its 737 models, worth as much as $13.7 billion, state-owned DAE said on Monday.
Airbus parent EADS acknowledged on Thursday its controversial restructuring plans were inadequate to cope with the dollar's "unbearable" slide, as delays in a major military project pushed it to a deeper quarterly loss.
Buying in tech stocks could lift the market again Wednesday, but Merrill Lynch earnings hang in front of the opening bell like a dark cloud. Or should we say Merrill's report of losses. The firm is scheduled to report third quarter numbers between 7:30 and 8 a.m., and analysts are forecasting a loss of $0.45 per share.
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French software company Dassault Systemes lowered its 2007 earnings and revenue goals to factor in a weaker dollar after it posted a 3 percent drop in third-quarter earnings per share on Tuesday.
The White House economic team says record U.S. exports are keeping our economy strong. What's the trade as the globe buys American?
Stocks closed mixed after reversing an earlier selloff, helped by rumors circulated that the Federal Reserve would soon cut the discount rate.
Merrill Lynch's lack of assurances and an S&P downgrade of the Wall Street broker after big losses, combined with weak housing numbers to create a bad brew for stocks.
Boeing said Wednesday third-quarter profit rose more than expected, helped by higher deliveries of commercial planes, but it scaled back its revenue forecast for next year due to delays on its 787 Dreamliner and slowing growth at its defense unit.
Both General Dynamics and Northrop Grumman beat Wall Street expectations Wednesday with their quarterly profit, as rising demand helped the defense-sector companies post bumper revenues.
JetBlue (JBLU) shares gained altitude on Tuesday, leaving sky high oil prices and February’s runway debacle back on the tarmac. The new CEO behind the turnaround turns to Fast Money for his first televised interview.
U.S. stock investors looking to recoup from the worst week in almost three months will have to keep one eye out for signs of weakness in earnings due this week and the other on the threat surging oil prices.
Boeing named Pat Shanahan as vice president and general manager of the 787 program, succeeding Mike Bair, who will become vice president of business strategy and marketing for commercial airplanes, both effective immediately.
European aircraft maker Airbus delivered its first long-awaited A380 to Singapore Airlines Monday, finally giving parent EADS some good news to trumpet after two years of delays in delivering the world’s largest passenger aircraft and recent allegations of insider trading at the company.
A slew of companies will be reporting third-quarter results, and investors will be watching not only for the latest figures but what companies predict about future profits.
Better-than-expected earnings from mobile-phone company Sony Ericsson boosted telecommunications stocks in Europe and added to a firm close for the major indexes Monday.
British Airways, Japan's All Nippon Airways (ANA) and other buyers of Boeing's new 787 said Thursday the plane's delay would have little or no impact on operations.
Concerns that retail earnings and same store sales might be on the light side are being born out, at least initial numbers. Men's Wearhouse cut its forecast for third quarter profits, citing "continued softening in traffic trends." American Eagle saw a decrease of 5% in September comparable store sales, citing lower traffic and unseasonably warm weather.
Stocks bounced off session lows to close mixed on Wednesday but a late afternoon rally fizzled as investors were wary of initial quarterly earnings reports which came in largely below forecasts.