Stocks rose Tuesday as investors mulled the timing of rate hikes by the Federal Reserve.» Read More
U.S. stocks closed higher for the third time in four days as a rally in tech, airlines and biotech firms helped lead gains.
Aug 12- A team of Boeing Co and Sikorsky Aircraft Corp and Textron Inc's Bell Helicopter have been selected to build prototypes of a multi-role vertical-lift aircraft as part of the U.S. Army's plan to replace thousands of helicopters.
Aug 12- Boeing Co said it had been jointly selected with United Technologies Corp's Sikorsky unit to build a next-generation multi-role helicopter for the U.S. Army. The first flight for the program is expected in 2017, Boeing said. The company did not disclose the value of the contract.
These six names are all trading at least 10 percent below their 52-week highs, and a number of other Dow stocks are less than 1 percentage point away.
Boeing and United Technologies have been amassing titanium parts from Russia in case global tensions disrupt supply of the metal.
Stocks fell Thursday as Wall Street echoed action in European markets and tracked Ukraine news.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
*Chipotle rallies a day after results, Netflix slides. Netflix Inc, one of the market's biggest trading favorites over the past few years, reported a quarterly profit that more than doubled on Monday after the market closed. However, on Tuesday, Netflix shares fell 4.6 percent to $431.09 as the company's plans to expand in Europe were seen as eroding profits.
*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.
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.
*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.
Two big multi-national players turn in good--but not great--earnings, and may indicate a bigger trend.
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.
Some of the names on the move ahead of the open.
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.
Despite the shadow of geopolitics, major earnings reports and key reports on inflation and home sales could produce a back to business Tuesday.
Even as traders monitor the world's hot spots, corporate earnings news could be a positive for stocks in the week ahead.
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.
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.