A U.S. Navy underwater drone sent to search for a missing Malaysian jetliner had its first mission cut short after exceeding its depth limit.» Read More
*Mylan up on report of Meda AB buy. *Boeing considers Mercury Systems acquisition. Biogen Idec Inc fell 4.3 percent to $288.98.
Boeing rose$. 63 or. 5 percent, to $129.41. Lockheed Martin Corp. rose$. 16 or. 1 percent, to $163.91. Northrop Grumman Corp. fell$. 22 or. 2 percent, to $124.80.
*Mylan up on report of Meda AB buy. *Boeing considers Mercury Systems acquisition. "Overall, people are taking this as a sign there isn't some sort of underlying weakness in the economy," said Kate Warne, investment strategist at Edward Jones in St. Louis.
Some of the names on the move ahead of the open.
PARIS, April 4- Airbus dropped behind U.S. rival Boeing in the race for new airplane deals in the first quarter after a pair of wide-body order cancellations, while Boeing finalised a major Canadian sale, company data showed on Friday.
*Mylan up on report of Meda AB buy. *Boeing considers Mercury Systems acquisition. NEW YORK, April 4- U.S. stock index futures advanced modestly on Friday, putting the S&P 500 on track to hold near its record high, ahead of the monthly payrolls report.
WASHINGTON, April 3- Delta Air Lines is looking at buying as many as 50 wide-body jets, the airline said on Thursday, opening a contest between Airbus and Boeing Co for business worth well over $10 billion at list prices.
NEW YORK, April 3- Boeing Inc is considering buying Mercury Systems Inc, a supplier of digital signal and image processing systems to the aerospace and defense industry, according to two people familiar with the matter.
NEW YORK— Boeing delivered 161 commercial airplanes in the first quarter, nearly an 18 percent increase from last year, as it ramps up production to meet demand. Boeing and its competitor airbus are building more planes than ever as carriers try to drive down fuel costs through newer, more efficient planes.
For the first time since its 1976 opening, the Smithsonian's National Air and Space Museum plans to overhaul its central exhibition showing the milestones of flight. On Thursday, Boeing announced a $30 million gift to the museum for its exhibits and education programs.
Malaysian authorities changed their account of the critical last communication from the missing Malaysian jet.
March 31- The Asiana Airlines Inc flight that crashed in San Francisco in July, killing three passengers, was likely because the pilots were flying dangerously slow and a warning system that should have alerted them was inadequate, according to conclusions drawn by the airline and reported in documents released by U.S. investigators on Monday.
*10 planes, nine ships resume hunt west of Perth. Painstaking analysis of radar data and limited satellite information has focused the search on a vast, inhospitable swathe of the southern Indian Ocean west of the Australian city of Perth, but has so far failed to spot any sign of it.
March 31- An Illinois judge on Monday dismissed a U.S. law firm's motion to obtain evidence of possible design and manufacturing defects from Boeing Co and Malaysian Airline System in connection with the disappearance of flight MH370 three weeks earlier.
Price action has led Jim Cramer to question whether 3 powerful themes have started to sputter out.
FRANKFURT, March 31- Some of the yield-hungry investors pouring money into the financing of aeroplanes are likely to make losses, as they have pushed interest rates down to levels that sometimes do not reflect the risks, a leading lender to the sector forecast.
Monica Kelly, Partner at Ribbeck Law Chartered, explains the firm's filing of a court petition against Malaysia Airlines and Boeing for the disappearance of the former's flight 370.
DOHA, March 27- Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up. The weapons purchases include large deals with Lockheed Martin, Raytheon and others.
*Boeing gets contract for 24 Apache attack helicopters. DOHA, March 27- Qatar announced contracts worth about $23 billion on Thursday to buy attack helicopters, guided missiles, tankers and other weapons from Boeing Co, Airbus and other arms makers as the Gulf state accelerates its military build-up.
"Restrictions on information flows are trade barriers," Google's executive chairman, Eric Schmidt, said at a Cato Institute event last month, warning that the worst possible outcome would be for the Internet to turn into "Splinternet." Brazil and the European Union plan to lay their own undersea communications cable to reduce reliance on the United States.