|Day Low/High||371.81 / 376.43|
|52 Wk Low/High||292.47 / 446.01|
Boeing shares were down Monday after Fitch and Moody's lowered their outlooks for the aerospace giant to negative from stable based on uncertainty regarding the troubled 737 MAX aircraft.
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Boeing shares traded firmly higher Friday after the world's biggest planemaker said it would book a $4.9 billion charge to its second quarter earnings linked to the extended grounding of its flagship 737 MAX aircraft.
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After-tax charge amounts to $8.74 a share, aircraft maker says.
Amounts relate to expensing of estimated potential concessions and other considerations to customers and the impact of continued lower 737 MAX production rate
Overall, we thought this was a fine quarter for the company.
Boeing will use half of a $100 million fund for near-term financial aid for families of the victims killed in two crashes involving the troubled 737 MAX jet.
- Boeing to provide $50 million for family relief
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All three stock indexes struggled to a record close Monday as investors gear up for earnings season.
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Boeing shares extended declines Monday, while its European rival Airbus soared to an all-time high, as investors reacted to news that American Airlines has extended cancellations of the grounded 737 MAX for a fourth time, taking the troubled aircraft out of commission until at least November.
U.S. equity futures are pointing to a flat open on Wall Street Monday as investors both prep for a key set of data releases that will gauge the strength of the consumer economy and brace for the start of the second quarter earnings season.
U.S. equity futures are pointing to a flat open on Wall Street; Boeing's 737 MAX woes continue, China GDP slumps, Prime Day pumps and Novak Djokovic jumps after winning his fifth Wimbledon singles title.
The world's largest airline is holding the 737 MAX aircraft through Nov. 2, as the Wall Street Journal separately reports grounding of the aircraft could extend into 2020.
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The Dow, the S&P 500, and the Nasdaq all closed at record highs Friday as Wall Street bets on a rate cut from the Federal Reserve.
United Airlines said Friday that it will continuing its groundings of the troubled Boeing 737 MAX through November 3.
U.S. stock futures point to more records for Wall Street as investors continue to expect interest rate support from the Federal Reserve; Donald Trump isn't a fan of cryptocurrencies like Facebook's Libra; the program manager for Boeing's troubled 737 MAX program will retire; Volkswagen will inject $2.6 billion into Ford's self-driving unit, a report says.
U.S. stock futures point higher following dovish testimony from Federal Reserve Chairman Jerome Powell; Delta boost outlook; Bed Bath & Beyond issues a gloomy forecast; the U.S. launches a probe of France's proposed digital tax which appears to target U.S. tech giants such as Alphabet and Amazon.com.
France will press ahead with a planned tax on big U.S. tech companies, despite warnings of retaliation from the White House, as the proposed levy threatens to open yet another area of trade and business tension between the U.S. and Europe.
American Airlines shares surged higher Wednesday after the carrier boosted a key profit metric for its second quarter earnings.
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