Two big multi-national players turn in good--but not great--earnings, and may indicate a bigger trend.» Read More
*U.S. airlines suspend flights to Israel. NEW YORK, July 22- The S&P 500 hit a record high on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.
Boeing rose$. 79 or. 6 percent, to $129.09. Northrop Grumman Corp. rose$. 93 or. 7 percent, to $126.05. Raytheon rose$. 93 or 1.0 percent, to $96.75.
July 22- United Technologies Corp posted tepid quarterly orders for its Otis elevators and Pratt& Whitney jet engines businesses, and shares of the diversified U.S. manufacturer fell nearly 2 percent on Tuesday.
Boeing rose$. 78 or. 6 percent, to $129.08. Lockheed Martin Corp. rose $3.53 or 2.2 percent, to $166.51. Northrop Grumman Corp. rose$. 64 or. 5 percent, to $125.75.
*EU threatens Russia with more sanctions, but words ring hollow. NEW YORK, July 22- U.S. stocks rose on Tuesday as inflation data was seen keeping the Federal Reserve in an equities-friendly tone, while hopes rose for an easing of tensions in Ukraine.
July 22- United Technologies Corp posted an 8 percent increase in quarterly profit, topping estimates, as sales of its elevators and aircraft parts helped offset a sluggish performance in its Pratt& Whitney engine business.
July 22- United Technologies Corp posted an 8 percent increase in quarterly net profit, helped by sales of its elevators and aircraft parts, and the diversified U.S. manufacturer gave a more bullish profit outlook for 2014.. United Tech posted organic revenue growth of 3 percent, which exclude sales from a helicopter agreement with Canada and net divestitures.
Second-quarter net income rose to $1.68 billion, or $1.84 per share, from $1.56 billion, or $1.71 per share, a year earlier.
HARTFORD, Connecticut— Private jet sales are rising again, climbing out of a deep recession when the company plane was an easy target for spending cuts. The chief executive of General Dynamics Corp., maker of Gulfstream jets, says corporate customers are back and wealth creation is bringing out shoppers for private jets.
WASHINGTON, July 17- Engine maker Pratt& Whitney will partner with International Business Machines Corp to compile and analyze data from about 4,000 commercial aircraft engines in order to be able to predict trouble before problems arise, the company announced on Thursday.
Boeing fell $1.72 or 1.3 percent, to $127.38. Lockheed Martin Corp. fell$. 87 or. 5 percent, to $161.75. Northrop Grumman Corp. fell$. 08 or. 1 percent, to $123.07.
Boeing fell $1.23 or 1.0 percent, to $127.87. Lockheed Martin Corp. fell$. 97 or. 6 percent, to $161.65. Northrop Grumman Corp. fell$. 25 or. 2 percent, to $122.90.
FARNBOROUGH, England, July 16- South Korean carrier Asiana Airlines has expanded its maintenance ties with UTC Aerospace Systems with a 10- year deal involving the evacuation slides aboard the airline's Airbus A380 superjumbos.
The Pentagon has decided not to send Lockheed Martin F-35 fighters to a UK air show amid mechanical problems with the weapons project.
Boeing rose $1.62 or 1.3 percent, to $129.71. Lockheed Martin Corp. rose $1.00 or. 6 percent, to $161.31. Northrop Grumman Corp. rose$. 49 or. 4 percent, to $122.16.
Some of Monday's midday movers:
Executives running the world's largest airplane makers and suppliers said they don't see a downturn coming anytime soon.
Boeing rose $1.41 or 1.1 percent, to $129.50. Lockheed Martin Corp. rose$. 51 or. 3 percent, to $160.82. Northrop Grumman Corp. rose$. 34 or. 3 percent, to $122.01.
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.
Despite an engine fire, Lockheed Martin remains hopeful that its troubled F-35 fighter will make its debut at the Farnborough International Airshow.