Boeing, 787 and Dreamliner
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It could take months to fully understand what went wrong in the crash, the first involving a Dreamliner. Officials from India continued the investigation Friday.
Despite its current price of approximately $205, which may seem like a reasonable valuation, we do not consider Boeing stock to be a compelling investment at this moment.
Boeing remains a dominant aerospace player with long-term upside, despite recent crises and compressed financials. Read why we remain bullish on the stock and the turnaround potential.
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J.M. Smucker is struggling with coffee inflation and shoppers’ weak appetite for snacks. The maker of Folgers coffee, Jif peanut butter and Smucker’s jams posted lower fourth-quarter sales and swung to a loss.
A London-bound Air India plane carrying more than 240 people crashed shortly after takeoff Thursday. Authorities said there were no known survivors.
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Stocks fell Friday and oil prices surged after Israel launched an attack on Iran’s nuclear program and military leadership, ratcheting up geopolitical tensions in the Middle East.These stocks were making moves:Shares in oil companies were rising as Israel’s attack on Iran sent crude prices surging.
Boeing’s Air Force One project has fallen years behind schedule and billions of dollars over budget amid continued labor and design hiccups. The Government Accountability Office said in a report this week “ongoing design issues,
Kelly Ortberg was supposed to jet into next week’s Paris Air Show with a simple message for the aviation industry: Boeing is back and laser-focused on safety.