BA Stock Unmoved Despite Discovery of Further 737 MAX Flaws
BA stock is unmoved today despite the latest development in the 737 MAX crisis, which has revealed yet another design flaw in the aircraft, which has been grounded since last March. Audit Reveals New Flaws ... [Read]
BA Stock Hits Four-Month Low As CEO Resigns Over 737 MAX Crisis
BA stock is currently hovering around a four-month low following the dismissal of Boeing’s (NYSE:BA) CEO Denis Muelinberg as the 737 MAX crisis deepens. BA Stock Down 25% Since Grounding The aircraft maker has been ... [Read]
FDX Stock Slumps 10% After the Company Issues Profit Warning Again
FDX stock declined 10% this morning after FedEx Corp (NYSE:FDX) issued a profit warning for fiscal 2020. The company has had a tough year, with business waning as few packages are being flown across the ... [Read]
LUV Stock Pops on Boeing Compensation Deal With Employees
LUV stock is in the green today after Southwest Airlines (NYSE:LUV) announced that it will give $125 million USD in compensation from Boeing (NYSE:BA) to its employees. Boeing will be paying its customers billions of ... [Read]
BA Stock Stays Flat as 737 Review Process Stretches into 2020
BA stock is largely unmoved today after the head of the FAA said that the recertification process for Boeing’s (NYSE:BA) grounded 737 MAX will “extend into 2020.” The grounding of the aircraft is a result ... [Read]
SPCE Stock Soars as Morgan Stanley Initiates Coverage
SPCE stock is flying high on Monday after Morgan Stanley initiated coverage on Virgin Galactic (NYSE:SPCE), saying that it could potentially gain over 700% in the coming years. An $800 Billion Industry? Morgan Stanley says ... [Read]
UAL Stock Gains After Oscar Munoz Steps Down as CEO
UAL stock is making gains today after it was announced that Oscar Munoz is to step down as CEO of United Airlines (NASDAQ:UAL) in May to take up the role of chairman and will be ... [Read]
Deere Stock Drops on Slashed Forecast Amid Trade War Concerns
Deere stock is trading down today after Deere & Company (NYSE:DE) issued reduced guidance, citing the impact of escalating trade tensions as a reason for slow equipment purchases by farmers. The farm equipment maker said ... [Read]
BA Stock Drops as FAA Tightens Approval Process for Its Aircraft
BA stock is in the red today after The Federal Aviation Administration (FAA) said that it will have to individually approve every Boeing 737 Max before delivery to airlines. The crisis at Boeing (NYSE:BA) stems ... [Read]
BA Stock Down as Boeing 737 MAX Orders Continue to Fall
BA stock is in the red today as Boeing (NYSE:BA) continues to feel the effects of the worldwide grounding of its bestselling 737 MAX aircraft following two fatal crashes in Indonesia and Ethiopia. BA Stock ... [Read]