Extending the Ex-Im Bank's charter to June separates it from must-pass legislation and could mean its death, Politico's Ben White says.» Read More
NEW YORK, Sept 8- Boeing Co shares are climbing and helping to limit losses on the Dow and S&P 500 after Ryanair Holdings Plc, Europe's largest low-cost airline, agreed to buy 100 Boeing Co 737 MAX 8 jetliners. Boeing shares are up 2.4 percent and on track for their biggest daily percentage gain since April.
Boeing rose $2.16 or 1.7 percent, to $126.85. Lockheed Martin Corp. rose$. 43 or. 2 percent, to $175.01. Northrop Grumman Corp. rose$. 17 or. 1 percent, to $127.70.
NEW YORK— European airline Ryanair has committed to order 100 of Boeing's 737 MAX 200 airplanes, valued at $11 billion at current list prices. Ryanair has options to buy another 100 of the 737 MAX 200 s as well. The analyst also believes that any backlog growth concerns investors have for Boeing should be wiped away by the announcement of the Ryanair order.
Airplane rides are getting smoother thanks to new technologies that are giving pilots more data, the NYT reports.
Some of the names on the move ahead of the open.
DUBAI, United Arab Emirates— Dubai's ruler has endorsed a $32 billion expansion plan for the city's second airport that aims to make it the world's biggest, the emirate's airport operator said Monday in the latest sign that the Middle East's brash commercial hub is determined to move on from its 2009 financial crisis.
Boeing and Ryanair plan to make a fleet announcement, following reports Ryanair is set to place a $10 billion order with Boeing.
WASHINGTON, Sept 8- U.S. Export-Import Bank, caught in a rare political storm over its mission, is fighting for survival and its best line of defense is to debunk criticism that the 80- year-old institution favors corporate giants over small businesses.
NEW YORK, Sept 7- Boeing Co> and Ryanair Holdings PLC plan to make a significant fleet announcement on Monday, following reports last Friday that the low-cost Irish airline was poised to place a $10 billion order for Boeing's new 737 MAX jetliner.
WASHINGTON— Lawmakers are streaming back to Capitol Hill after their summer vacation for an abbreviated September session in which feuding Democratic and Republican leaders promise action to prevent a government shutdown while holding votes aimed at defining the parties for the fall campaign.
The failure of a Pratt& Whitney F135 engine in June grounded the entire fleet of Lockheed Martin Corp's F-35s for several weeks during the summer, thwarting the advanced warplane's international debut at two UK air shows.
Stocks rose on Friday as investors bypassed a surprisingly disappointing jobs report.
Nevada makes some big claims about its bet on Tesla's battery plant paying off for the state and its workforce. Critics are skeptical.
Boeing fell$. 82 or. 7 percent, to $124.64. Lockheed Martin Corp. rose $1.24 or. 7 percent, to $174.28. Northrop Grumman Corp. rose$. 25 or. 2 percent, to $127.47.
WASHINGTON— The White House on Friday sent Congress a request for $30 million to pay for the Center for Disease Control and Prevention's efforts to help contain the Ebola outbreak in western Africa.
Boeing fell$. 71 or. 6 percent, to $124.75. Lockheed Martin Corp. rose$. 52 or. 3 percent, to $173.56. Northrop Grumman Corp. rose$. 14 or. 1 percent, to $127.36.
PARIS/ DUBLIN, Sept 5- Ryanair is in advanced talks to buy around 100 of a high-density version of Boeing's 737 MAX jetliner in a potential $10 billion deal that could be finalized within weeks, two people familiar with the matter said.
Boeing fell$. 48 or. 4 percent, to $125.46. Lockheed Martin Corp. fell$. 46 or. 3 percent, to $173.04. Northrop Grumman Corp. fell$. 71 or. 6 percent, to $127.22.
OTTAWA/ WASHINGTON, Sept 4- Canada is likely to choose between two major U.S. firms when it buys a new fleet of jet fighters, excluding two European competitors, according to a source with direct knowledge of the matter.
Boeing rose$. 16 or. 1 percent, to $126.10. Lockheed Martin Corp. rose$. 25 or. 1 percent, to $173.75. Northrop Grumman Corp. rose$. 15 or. 1 percent, to $128.08.