BA - The Boeing Company
| Previous close | 361.61 |
| Open | 361.26 |
| Bid | 362.41 x 1000 |
| Ask | 0.00 x 800 |
| Day's range | 361.20 - 365.35 |
| 52-week range | 292.47 - 446.01 |
| Volume | 2,722,283 |
| Avg. volume | 4,497,882 |
| Market cap | 204.094B |
| Beta (3Y monthly) | 1.33 |
| PE ratio (TTM) | 20.77 |
| EPS (TTM) | 17.47 |
| Earnings date | 24 Jul 2019 |
| Forward dividend & yield | 8.22 (2.27%) |
| Ex-dividend date | 2019-08-08 |
| 1y target est | 416.38 |
- Reuters•8 hours ago
United tops profit estimates as MAX woes prompt higher fares in robust travel market
United, American Airlines Group Inc and Southwest Airlines Co - are cancelling thousands of flights each month since a worldwide grounding in March following crashes in Ethiopia and Indonesia that killed a total of 346 people. Chicago-based United said net income rose 54% to $1.05 billion (£846.09 million), or $4.02 per share, in the quarter ended June 30 from $683 million or $2.48 per share a year earlier. The No. 3 U.S. air carrier is in the midst of a three-year plan to claw back domestic market share from rivals by building up connections through its main U.S. hubs, including Chicago, New York and San Francisco, cities that attract lots of travellers willing to fly first-class and business-class.
- Investing.com•13 hours ago
Stocks – Recent Highs Now Keeping Wall Street in Check
Investing.com - Once stocks bash their way to new highs, the encore can be frustrating.
- The Guardian•13 hours ago
Ryanair to cut 30,000 flights owing to Boeing 737 Max crisis
Ryanair expects to carry 157 million passengers in the year to March 2021. Photograph: Marcel Kusch/AFP/Getty ImagesRyanair will fly 5 million fewer passengers than planned next year owing to delayed deliveries of Boeing’s grounded 737 Max aircraft, and warned that jobs would be affected and airport bases closed as a result.Europe’s biggest low-cost carrier was expecting to bring the first five of 135 planes on order into service this year, and 58 by next summer. On Tuesday it said that on a “prudent” estimate it would have about half that number but there were no guarantees.Ryanair now expects to carry 157 million passengers in the year to March 2021, cutting its summer 2020 growth rate to 3% from 7%. The lower than expected passenger numbers suggest the airline will cut about 30,000 flights from its plans for next year.The 737 Max remains grounded worldwide after two crashes in Indonesia and Ethiopia killed a total of 346 people. Boeing has yet to convince regulators that its modifications are sufficient to ensure the plane’s safety.(May 22, 2017) Boeing 737 Max enters commercial serviceThe first Boeing 737 Max begins commercial operations with Malindo Air. Norwegian Air is also an early adopter of the new model, operating transatlantic flights. The model promises fuel efficiencies attractive to carriers.(October 29, 2018) Lion Air crashLion Air flight JT610 crashes after making a sudden, sharp dive into the Java Sea 13 minutes after departing from Jakarta, Indonesia. All 189 people onboard are killed. That particular plane had been in use for less than three months.(November 6, 2018) Airspeed issuesThe plane's black box recorder reveals that the Lion Air plane had experienced problems with its airspeed indicators on its last four flights.(November 7, 2018) Boeing's new adviceBoeing issues revised instructions on how pilots should react to erroneous readings from “angle of attack” sensors, believed to be a key factor in the Lion Air crash.(November 28, 2018) Lion Air crash report“In our view, the plane was not airworthy,” is the interim finding of the official investigation into the crash. The Indonesian transport safety agency did not pinpoint a definitive cause of the accident, but said Lion Air had kept putting the plane back into service despite repeatedly failing to fix a problem with the airspeed indicator. (March 10, 2019) Ethiopia Airlines crash Flight ET302 crashes about six minutes after taking off from the Ethiopian capital, Addis Ababa, killing all 157 people onboard. The captain had reported difficulties, and flight radar data shows the aircraft was climbing erratically with an unstable vertical airspeed.(March 13, 2019) Boeing grounds fleetThe EU, Canada and the US all ground the Boeing 737 Max. Boeing itself issues a statement saying it “continues to have full confidence in the safety of the 737 Max”, but that “out of an abundance of caution and in order to reassure the flying public” it w recommending the grounding of the entire global fleet of 371 aircraft.(April 4, 2019) Interim report findingsThe interim report into the Ethiopian Airlines crash finds that the pilots correctly followed Boeing’s emergency instructions, but were still unable to stop the plane’s nose repeatedly pointing down. The jet hit an airspeed of 500 knots (575mph), well above its operational limits, before cockpit data recordings stopped. (June 27, 2019) A new potential riskAirlines extend their ban on using the Boeing 737 Max after the US aviation regulator said it had identified a new potential risk with the plane.(June 27, 2019) United Airlines becomes the latest carrier to extend its ban on using the Boeing 737 Max after the US aviation regulator said it had identified a new potential risk with the plane.(July 10, 2019) In the wake of Boeing’s troubles, Airbus seems set to overtake it as the world's biggest planemaker. As Boeing reported 239 commercial plane deliveries in the first half of the year, a 37% fall, rival Airbus shipped 389 deliveries, up 28% on the same period last year.(July 15, 2019) Pictures emerge of a Boeing 737 Max due to be delivered to Ryanair with the name 737 Max replaced by 737-8200 on the nose.The Ryanair chief executive, Michael O’Leary, said: “Ryanair remains committed to the 737 Max aircraft, and now expects that it will return to flying service before the end of 2019.”The airline has ordered a larger, 197-seat version called Max 200, a variant that it expects to be separately certified as safe a month or two after the 737 Max 8 fleet returns to the sky. It hopes to receive its first aircraft in January or February 2020.O’Leary said the shortfall in deliveries would mean some base closures over the winter, potentially including routes where flights have already been sold, as well as cuts next summer. He said: “That will have ramifications for pilots and cabin crew, and we will have to enter into intensive negotiations with our people and unions.”Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk It emerged this week that a 737 Max aircraft due to be delivered to Ryanair had the name Max dropped from the livery, fuelling speculation the manufacturer and airlines will seek to rebrand the troubled plane once it is given the all clear to fly again. Neither Boeing nor Ryanair have taken responsibility for the change.Ryanair shares rose by 2%. Shares in rival carriers EasyJet and IAG also rose, possibly on hopes that fewer planes in the skies will enable airlines to raise fares again.
- CNBC•16 hours ago
Boeing 737 Max grounding hits Southwest's pilot hiring
Southwest Airlines is delaying pilot hiring and captain upgrades with no end in sight to the grounding of the Boeing 737 Max.
- Zacks•17 hours ago
Company News for Jul 16, 2019
Companies In The News Are: SYMC,AVGO,GLPG,GILD,BA,AAL,UNIT
- Reuters•17 hours ago
Factbox: Airlines count the cost of Boeing 737 MAX grounding
- Zacks•18 hours ago
Boeing Secures $97M Deal to Support Apache Aircraft Program
Boeing (BA) to provide integrated logistics support, product assurance and Longbow Crew Trainers for Apache aircraft.
- Reuters - UK Focus•18 hours ago
Ryanair says passenger total for current year may miss target
Ryanair expects to fly between 151 million and 153 million passengers in the year to March 31, 2020, Chief Executive Michael O'Leary said on Tuesday, down from an earlier forecast of 153 million passengers. O'Leary told investors on a conference call that the airline was forced to cut capacity by around 1 million passengers over the summer of 2019 due to the delay in delivery of its first five Boeing 737 MAX planes. Ryanair on Tuesday said further delays had forced it to cut its forecast growth for the 12 months to March 2021 to 5 million passengers from 10 million passengers and that there would be knock-on cuts to the winter schedule from November 2019 to March 2020.
- MarketWatch•19 hours ago
GE loses a bull, and stock falls
Shares of General Electric Co. dropped Monday, after UBS backed away from its bullish stance, citing significant outperformance in the face of continued power market weakness and a significant decline in interest rates.
- Reuters•20 hours ago
Ryanair CEO says confident in 'great' Boeing 737 MAX despite delays
Ryanair remains confident in the Boeing 737 MAX and believes the plane will be "warmly welcomed" by customers, Chief Executive Michael O'Leary said on Tuesday after he was forced to half the airline's 2020 growth plans due to the plane's grounding. "As soon as we can reasonably organise these deliveries with Boeing we would intend to take all of the 135 firm aircraft we have ordered over the next five years," he said.
- Investing.com•20 hours ago
Stocks - Wall Street Flat After Mixed Bank Earnings
Investing.com – Wall Street was flat on Tuesday after mixed earnings from Goldman Sachs (NYSE:GS), JP Morgan and Wells Fargo (NYSE:WFC) reminded investors of uncertainties to the economic outlook - and of some negative consequences of interest rate cuts from the Federal Reserve.
- Reuters - UK Focus•22 hours ago
UPDATE 2-Burberry leads FTSE 100 higher, mid-caps glide over sterling slip
London's main index rose on Tuesday as Burberry scaled an 11-month high after its first-quarter update showed new designs boosted sales, and a weaker sterling aided exporter stocks, while mid-caps rose in a rare break from the domestic currency. The FTSE 100 added 0.6%, its best day in nearly 2 weeks, outperforming the broader European markets. Gains in easyJet and Aston Martin helped the domestically-focused FTSE 250 advance 0.4%, despite a hit to the local currency from mounting Brexit jitters.
- MarketWatch•22 hours ago
Man whose family died in Boeing 737 Max crash: Scrap the jet
Paul Njoroge says he believes Boeing should scrap the 737 Max, and he wants the company’s top executives to resign and face criminal charges for not grounding the plane after a deadly accident last October.
- Reuters - UK Focus•22 hours ago
UPDATE 2-Burberry bounce helps to push European stocks to 1-week high
British fashion brand Burberry's shares jumped on Tuesday, lifting other luxury goods makers, while upbeat earnings from big Wall Street banks spurred gains for the region's lenders, driving major European markets to their highest closing levels in a week. Burberry's shares surged 14.4%, their biggest one-day gain in 7 years, as quarterly results showed demand for new designs by creative chief Riccardo Tisci picking up. Upscale retailers in Europe, including Hermes, Louis Vuitton owner LVMH and Gucci parent Kering , rose between 0.4% and 2%, helping France's CAC 40 index outperform its European peers with a 0.65% gain.
- Reuters - UK Focus•yesterday
UPDATE 4-Ryanair halves 2020 growth plans on Boeing MAX delays
Ryanair has halved its growth plans for next year due to delays in deliveries of Boeing's grounded 737 MAX jet, lifting shares in rival European airlines which had feared a surge in new capacity would drag down ticket prices. Ryanair is one of Boeing's biggest customers and was due to have 58 737 MAX planes in time for its 2020 summer season. The aircraft was grounded in March after crashes in Ethiopia and Indonesia that killed a total of 346 people, and Boeing is working on a software fix that people familiar with the matter have said it hopes to present to regulators in September.
- Reuters•yesterday
Ryanair halves 2020 growth plans on Boeing MAX delays
Ryanair has halved its growth plans for next year due to delays in deliveries of Boeing's grounded 737 MAX jet, lifting shares in rival European airlines which had feared a surge in new capacity would drag down ticket prices. Ryanair is one of Boeing's biggest customers and was due to have 58 737 MAX planes in time for its 2020 summer season. The aircraft was grounded in March after crashes in Ethiopia and Indonesia that killed a total of 346 people, and Boeing is working on a software fix that people familiar with the matter have said it hopes to present to regulators in September.
- Yahoo Finance UK•yesterday
Ryanair forced to revise summer 2020 flight schedule on Boeing 737 Max issues
The major European budget airline said in a statement that it now expects to cut the number of aircraft from 58 to 30 next summer.
- Motley Fool•yesterday
American Airlines and United Airlines Cancel More Boeing 737 MAX Flights
Two of the three U.S. airlines that own Boeing 737 MAX jets recently acknowledged that the plane won't return to service until at least November.
- MarketWatch•2 days ago
SpaceX identifies problem that caused April explosion during crew-capsule test
A leaky valve caused a SpaceX crew capsule to explode during a ground test back in April, destroying the spacecraft and dealing a blow to the company’s effort to launch astronauts.
- Zacks•2 days ago
United Airlines (UAL) Q2 2019 Earnings Preview
United Airlines (UAL) stock currently sits down 6.4% from its 52-week high, although has climbed 18.3% since the beginning of June. With Q2 2019 earnings season unofficially beginning this week, let's see what investors might expect from United's earnings report.
- Zacks•2 days ago
Boeing (BA) Stock Sinks As Market Gains: What You Should Know
Boeing (BA) closed at $361.61 in the latest trading session, marking a -1.02% move from the prior day.
