Yields hit their lowest levels in over a month on weaker-than-expected US data and continued low yields in Europe.» Read More
Ford Motor is moving ahead of its own schedule for reducing costs, including plant closures and job cuts, the automaker's chief executive said.
An order from Malaysia's AirAsia worth more than $3 billion for Airbus planes capped a busy day for the planemaker and rival Boeing , with three deals worth close to $8 billion at list prices.
Spanish tourism and transport company Grupo Marsans has finalized an order for 12 Airbus A330 airliners, with an option to lease 10 more, the European aircraft maker said Monday.
Boeing has reported a record 1,044 commercial airplane orders for 2006, all but formally regaining the lead from troubled Airbus in the important sales category amid strong demand for its fuel-conscious 787 Dreamliner and single-aisle 737.
CNBC’s Bob O’Brien talked with Michelle Caruso-Cabrera about his stock winners and losers for the day so far. Some poor December retail sales numbers and less-than-stellar economic data caused sharp losses in the Dow, but a semiconductor rally is sparking a comeback. O’Brien says Intel is leading the pack.
Boeing said it took firm orders for 1,044 commercial aircraft in 2006, and likely beating rival Airbus for the first time since 2000.
When I walked in to dinner with Ford CEO Alan Mulally on Wednesday night, I knew the menu would include a tasty entree, a sweet dessert, and a healthy dose of candor. All courtesy of the "outsider" trying to turnaround the struggling automaker. I expected the honesty since that's what I found while covering Mulally as he turned around Boeing Commercial Airplanes. And at this dinner, he was forthright in his praise of Toyota.
In an exclusive cnbc.com interview, Global Insight Chief Economist Nariman Behravesh tells CNBC’s Rebecca Jarvis why he thinks fears of a 2007 recession are “completely off the mark.”
Bullish sentiment took hold of markets as stocks charged higher--albeit on thin volume--with auto and homebuilding shares leading the way.
When I heard that Ford CEO Alan Mulally met earlier this month in Tokyo with Toyota CEO Fujio Cho, I wasn't surprised. Nor should Ford investors and fans of the #2 American automaker. This is yet another sign, Mulally is bound and determined to move his company into a more competitive position - even if that means learning from a fierce competitor that is about to pass Ford.
A newspaper said in an advance of an article to appear on Wednesday that Boeing has published data showing 904 new orders as of Dec. 20 versus 714 for Airbus.
Tokyo stocks closed almost flat on Christmas Day. Trade was thin, with participants citing the holidays in overseas markets.
Stocks bucked a trend and closed lower on the last session before the Christmas holiday on investor concerns about a slower economy.
U.S. security company Brink's may this week be urged by yet another major investor to sell part or all of itself, according to Barron's.
Investors are believing in the Santa Claus rally again. After another strong week in stocks, many think the markets may continue rising.
U.S. stocks moved higher after the November CPI report took investors by surprise – showing that consumer prices were unchanged for the month (an increase was expected). CNBC’s Mary Thompson had her “Eye on the Floor” of the NYSE on the last day of the trading week...
Chief executives at some of the nation’s top companies expect slow but steady growth in the first half of 2007, according to the Business Roundtable’s fourth quarter 2006 survey.
The chief of Boeing's commercial airplanes unit said the company's hot-selling 787 Dreamliner, which is crucial to Boeing's financial prospects, is on schedule for its first test flight next year and first customer delivery in 2008.
Lufthansa could place firm orders for 20 of the recently-launched 747-8 Intercontinental Boeing planes, as well as taking options for 20 more The Wall Street Journal reported Wednesday.
Stocks closed higher following mostly positive news about the U.S. economy and gains from several major blue-chip companies.