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Boeing Agrees To Settle US Criminal Charges Related To 737 MAX Probe For $2.5B
Friday, January 8, 2021 - 4:09am | 322Read More...Boeing Co (NYSE: BA) has agreed to pay a penalty of $2.5 billion to settle a criminal investigation with the U.S. Department of Justice. What Happened: The Justice Department levied a criminal monetary penalty of $243.6 million and instructed the company to pay additional compensations of...
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Boeing 737 Max Returns To Skies With American Airlines, 2 Years After Deadly Crashes
Tuesday, December 29, 2020 - 12:30pm | 483Read More...American Airlines Group Inc. (NASDAQ: AAL) is using Boeing Co.’s (NYSE: BA) 737 Max, the plane that was grounded two years ago following two mass fatality crashes, for a flight from Miami to New York on Tuesday. What Happened: The flight, which departed at 10:32 a.m. and...
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UBS Upgrades Boeing, Spirit AeroSystems, Doubles Price Targets
Monday, December 7, 2020 - 1:34pm | 398Read More...Boeing Co (NYSE: BA) and Spirit AeroSystems Holdings, Inc. (NYSE: SPR) landed upgrades on Wall Street Monday, with a coronavirus vaccine in sight. The Analyst: UBS analyst Myles Walton upgraded Boeing from Neutral to Buy and doubled the price target from $150 to $300. Walton upgraded...
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Spirit AeroSystems Analyst Turns Bullish, Sees 'Broader Aerospace Recovery'
Friday, November 20, 2020 - 11:07am | 258Read More...The FAA's ungrounding of the 737 Max and recent positive coronavirus vaccine news bode well for Spirit AeroSystems Holdings, Inc. (NYSE: SPR), according to Canaccord Genuity. The Spirit AeroSystems Analyst: Ken Herbert upgraded Spirit AeroSystems from Hold to Buy and raised the price...
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Fintech Focus For November 19, 2020
Wednesday, November 18, 2020 - 6:42pm | 2481Read More...Quote Of The Day: The successful warrior is the average man, with laser-like focus. - Bruce Lee Fintech Movers: Big investors are backing online banks more than ever, betting that these upstarts' low overhead and nimble technology stacks will let them keep grabbing customers from traditional...
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Here's How Much Investing $1,000 In Boeing On The Day The 737 Max Debuted Would Be Worth Today
Wednesday, November 18, 2020 - 3:36pm | 419Read More...Investors who owned stocks in the last three years have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return since May 22, 2017 is 61%. On that day in history, Malaysian carrier Malindo Air flew the world’s first Boeing Co (NYSE: BA) 737 Max commercial...
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After Nearly 2 Years, FAA Says Boeing's 737 Max Can Carry Passengers And Fly Again
Wednesday, November 18, 2020 - 9:34am | 429Read More...Nearly two years after the Boeing Co (NYSE: BA) 737 Max was grounded due to safety issues, the Federal Aviation Administration has officially cleared the aircraft to fly once again. What Happened? The FAA said Wednesday it's satisfied with the changes Boeing has made to the 737 Max after a...
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JPMorgan Upgrades Raytheon, Spirit AeroSystems, Says Aerospace 'More Investable'
Tuesday, November 10, 2020 - 10:33am | 452Read More...Monday's encouraging coronavirus vaccine news from Pfizer Inc. (NYSE: PFE) sparked a rally in aerospace stocks. Even after Monday's rally, the group is "more investable" — and investor interest will grow, according to JPMorgan. The Analyst: Seth Seifman upgraded...
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Spirit AeroSystems Analyst Sees Benefits From Return of Boeing's 737 MAX
Wednesday, November 4, 2020 - 3:40pm | 378Read More...The bullish case for Spirit AeroSystems Holdings (NYSE: SPR) is based on a more favorable outlook for Boeing Co's (NYSE: BA) 737 MAX plane, according to Cowen. The Spirit AeroSystems Analyst: Cai von Rumohr upgraded Spirit AeroSystems from Market Perform to Outperform with a price target...
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Boeing 737 Max Cleared For Takeoff After 19-Month Grounding, European Regulator Says
Friday, October 16, 2020 - 10:25am | 425Read More...Roughly 19 months after the Boeing Co (NYSE: BA) 737 Max was grounded due to safety concerns, regulators have finally once again cleared the aircraft for takeoff. What Happened? On Friday, the European Union Aviation Safety Agency said Boeing’s safety changes to the 737 Max are...
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PreMarket Prep Stock Of The Day: Boeing
Friday, September 25, 2020 - 1:06pm | 670Read More...If there is one issue that's the poster child for the market over the last year, it has to be Boeing Co (NYSE: BA), the PreMarket Prep Stock of the Day. Boeing Flying High 1 Year Ago: Ethiopian Airlines Flight 302, a Boeing 737 Max aircraft, crashed 6 minutes after takeoff March...
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Boeing And FAA Share Blame For Deadly 737 Max Crashes: Congressional Report
Wednesday, September 16, 2020 - 8:36am | 447Read More...Boeing Co (NYSE: BA) ticked lower on Wednesday morning after a new congressional report condemned both Boeing and the Federal Aviation Administration for shortcomings that contributed to two deadly 737 Max crashes. What Happened? The House Committee on Transportation and Infrastructure released a...
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Boeing Faces Wider Federal Probe Over Dreamliner Jets Failing To Meet Company's Own Benchmarks
Monday, September 7, 2020 - 8:58pm | 347Read More...The Boeing Co (NYSE: BA) is under scrutiny from the United States Federal Aviation Administration due to production problems at its 787 Dreamliner factory, the Wall Street Journal reported Monday. What Happened: The review by the federal regulators extends back to almost a decade and pertains...
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Fintech Focus For August 31, 2020
Sunday, August 30, 2020 - 9:33pm | 2967Read More...Quote Of The Day: Life is a succession of lessons which must be lived to be understood. - Ralph Waldo Emerson Fintech Movers: Banks have something most technologists don’t have enough of: Banks have domain expertise. Technologists tend to discount the exchange value of domain knowledge. And...
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Fintech Focus For August 28, 2020
Thursday, August 27, 2020 - 4:47pm | 2399Read More...Quote Of The Day: Never let the fear of striking out keep you from playing the game. - Babe Ruth Fintech Movers: The US SEC approved the proposed Discretionary Limit, or D-Limit, order type from exchange operator IEX Group as three new exchanges are also slated to launch within the next month. -...
