After the show, the crameras kept rolling. Get more stock calls, the story behind the famous Fed rant and more in this CNBC.com-only video.
Northrop Grumman CEO Ronald Sugar says his company plans to build four factories in the United States as part of a partnership with European Aeronautic Defence and Space (EADS).
Stocks shot up Tuesday after a liquidity announcement from the Federal Reserve.
Stocks shot up Tuesday after a liquidity announcement from the Federal Reserve.
Just hours before the Air Force announced the winner of a $35 billion contract to build aerial refueling aircraft on Feb. 29, an Airbus plane lumbered off the runway in Getafe, Spain, and climbed to 27,000 feet to rendezvous with a Portuguese F-16 fighter.
Boeing was debriefed by the Air Force today on why it lost the massive $40 billion tanker deal in a shocking defeat to Northrop Grumman-EADS. Mark McGraw, head of Boeing's tanker program, spoke with me just minutes after the meeting ended.
If the presumtive Republican presidential nominee takes the White House, these contractors stand to the gain the most.
Northrop Grumman said its victory over Boeing for a roughly $35 billion Air Force refueling tanker contract will support thousands of US jobs, firing back at opponents of the deal who take exception with Northrop's partnership with France-based aerospace company EADS.
Kansas Sen. Sam Brownback, a Republican on the Senate Appropriations Committee, on Tuesday vowed to fight funding for a $35 billion aerial refueling tanker deal awarded to Northrop Grumman and its European partner EADS, the parent of Airbus.
Monday's mixed market could spill into Tuesday as investors await comments from Fed Chairman Ben Bernanke ahead of the open.
Stocks recovered from earlier losses to finish flat Monday in a volatile session riddled with weak economic data, big auto-sales declines and concerns about more fallout from the housing slump.
Here's one big difference between Boeing and Northrop Grumman: PR. Going into the long-anticipated tanker decision Friday, the Boeing team was in hourly contact with us, preparing for post-decision interviews. They've been in regular contact with me since last summer. Heck, they even sent me KC-767 playing cards!
Stocks turned mixed Monday after Ford turned in better-than-expected sales results and announced layoffs.
The Funny Biz email inbox is overflowing this morning: On my profile of real estate mogul Jeff Greene Friday, an email from one of his tenants, Jim G, who says there have been a lot of problems...
Wall Street looks set to start the week in negative territory as stock index futures pointed lower on renewed fears for the fate of the economy.
Gloom about the economic outlook dragged The Dow down sharply. What’s the word on the Street?