By reflecting on the worst of the market, Jim Cramer often finds valuable lessons that inform his decisions going forward.» Read More
FARNBOROUGH, England, July 16- Chinese low-cost airline 9 Air has placed an order for CFM International engines worth $3.7 billion at list prices, including spare engines and a long-term service agreement, French aerospace group Safran said on Wednesday.
FARNBOROUGH, England, July 16- Safran said an order from China's Hainan Airlines to supply CFM International engines to power 50 Boeing 737 MAX 8 planes will be worth $1.3 billion at list prices. The carrier announced the commitment to buy the narrow-body planes at Farnborough Airshow earlier on Wednesday.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
FARNBOROUGH, England, July 15- Qatar Airways will seek compensation from Airbus for delays in delivery of three of the European planemaker's A380 superjumbos, the Gulf carrier's chief executive said on Tuesday.
NISKAYUNA, N.Y.— New York state is teaming with General Electric Co. and other companies on a $500 million initiative to spur high-tech manufacturing of miniature electronics, Gov. The state will invest $135 million for the collaborative program, which will be based out of the SUNY College of Nanoscale Science and Engineering in Albany.
There is a movement to reauthorize Ex-Im Bank, an agency that supports small and midsize exporters with insurance and credit guarantees.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AbbVie fell. 4 percent to $54.74 with 15,465,500 shares traded. Advanced Micro Devices Inc. rose 4.6 percent to $4.57 with 39,673,800 shares traded.
General Electric Co. rose$. 18 or. 7 percent, to $26.73. Snap-On rose $1.08 or. 9 percent, to $119.25. Whirlpool Corp. fell $1.91 or 1.4 percent, to $138.85.
General Electric Co. rose$. 28 or 1.1 percent, to $26.83. Snap-On rose $1.07 or. 9 percent, to $119.24. Whirlpool Corp. fell $1.21 or. 9 percent, to $139.55.
It's easy to overestimate the Ex-Im Bank opposition, but the bank is likely to survive the latest conservative attacks, Politico's Ben White says.
July 14- British low-cost airline easyJet Plc said its order to CFM International SA for 270 engines was valued at about $3.3 billion at list price by the engine maker. EasyJet had earlier said it had negotiated a reduced price with CFM, but that the details were confidential.
July 14- Dubai- based carrier Emirates Airlines said it signed a 12- year agreement with General Electric Co for the maintenance, repair and overhaul of its new GE9X engines. The $13 billion order is for engines that will power the 150 Boeing 777 X jets that Emirates is buying from Boeing Co for $56 billion.
Stocks shook off last week's doldrums and finished sharply higher Monday, driven by a round of corporate deal news and strong earnings from Citigroup. Investors cheered AECOM Technology's $4 billion acquisition of engineering and construction services company URS Corp., sending URS' stock up 11.6 percent and AECOM 8.6 percent.
Some of the names on the move ahead of the open.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
With earnings season kicking up a notch in the week ahead, there’s a good chance something unexpected is looming. Are you ready?
BERLIN, July 13- It has taken a quarter of a century longer than hoped but Berlin is now glimpsing the prosperity that was supposed to land in its lap after the Wall came down in 1989 and it was restored as the jubilant capital of Germany.
U.S. stocks climbed on Friday, but closed lower for the week, as investors weighed Wells Fargo results and readied for a slew earnings ahead.
*Wells Fargo falls, more banks' earnings due next week. Shares of Wells Fargo& Co., down 0.5 percent at $51.54, were in the spotlight as the biggest U.S. mortgage lender was the first major U.S. bank to report earnings. Wells Fargo's results will be followed next week by earnings from Citigroup, Goldman Sachs, JPMorgan Chase and Bank of America.
WASHINGTON— Commerce Department releases retail sales data for June, 8:30 a.m.; Commerce Department releases business inventories for May, 10 a.m.. BERLIN— Germany's ZEW institute releases its monthly index of investor confidence in Europe's biggest economy.