Search results for Boeing
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Posted
Aug 18 2009, 09:03 AM
by
Anthony Mirhaydari
Rating:
Money Blog: Top Stocks Blog - MSN Money
Although stocks are tracking higher during trading on Tuesday, they have only retraced half of Monday's losses. To recap, stocks tripped at the opening bell on Monday and laid flat on their face the rest of the day as a global wave of selling that started with declines in Asia and Europe flooded ashore in Manhattan. As a result, the major indices fell out of their August trading ranges.
Technically, the decline happened right on schedule as the market reached the so-called ''Obama high''; which marked the apex of positive political sentiment reached on Election Day last year. Prior to that point, the S&P 500 had slid as low as 850. Then, it reversed and moved over the 1,000 level before finally succumbing to another wave of selling pressure in late November.
Bing: More on Fibonacci Levels
The top last week was 1,014, which was also a picture-perfect 38.2% Fibonacci retracement of the October 2007 high to the March 2009 low.
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Posted
Aug 05 2009, 09:42 AM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
This article was written by Minyanville's Josh Lipton The first publicly known cyberspace attack came in the 1980’s, when the KGB hired West German hackers to penetrate U.S. military and research networks. In the years since, cybersecurity attacks against both military and civilian installations have become more sophisticated and well publicized. In 2007, the departments of Defense, State, Homeland Security, and Commerce and NASA all suffered major intrusions by unknown foreign entities, according to the Center for Strategic and International Studies. Perhaps not surprisingly, then, President Barack Obama has made cybersecurity a priority of his administration. “[I]t’s now clear this cyber threat is one of the most serious economic and national security challenges we face as a nation,” he said in a speech in May. And on Monday, the White House’s acting cybersecurity czar announced her resignation. So, for now, the White House cybersecurity post is still unfilled. (See also: Seven Addictions to Replace Your Hacked iPhone)
However, the threat from foreign enemies and rogue hackers continues, threatening both public and private sector cyber infrastructure. It also presents potential money making profits for companies developing technologies to beat back the cyber threat, and for nimble investors thinking about market opportunities.
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Posted
Jul 14 2009, 10:56 AM
by
James Dlugosch
Rating:
Money Blog: Top Stocks Blog - MSN Money
With such uncertainty still plaguing the market, following an absolute return strategy continues to offer investors the biggest bang for their buck.
There is no sense in guessing where the market will be down the road. Instead, buy cheap stocks, and sell stocks that are expensive. Then blend the two approaches together in one portfolio, and chances are you will make money.
Even with a huge rally in stocks, the S&P 500 ended the second quarter with a year-to-date gain of 1.78%. That is a vast improvement compared to the 11% loss at the end of the first quarter, but it's a minimal return for taking risk in the stock market.
Investors need to do better -- and they can. Here's how.
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Posted
Jun 23 2009, 09:50 AM
by
James Dlugosch
Rating:
Money Blog: Top Stocks Blog - MSN Money
A funny thing happened on the way to Boeing's dominance of the aircraft-manufacturing industry…
Its new jet won't fly.
Tuesday, the airline maker announced that the maiden voyage of its 787 Dreamliner would be pushed back due to concerns about stress on its wings.
That doesn't sound good. Boeing (BA) needs more time to reinforce the wings to address the concern. Perhaps they are being overly cautious, but would you want to fly on this oft-delayed aircraft?
More critically for Boeing shareholders, would you want to buy one?
Seriously, at this late date, one would think that the designers and builders would have all factors accounted for. But Boeing's strategy with this plane of contracting out parts to suppliers and shipping them to Everett, Wash., for assembly seems to have created a planeload of problems.
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Posted
Apr 02 2009, 12:11 PM
by
Kim Peterson
Money Blog: Top Stocks Blog - MSN Money
The good news for Boeing (BA) is that customers are generally sticking with all the orders they placed before the economy collapsed. That commitment meant that Boeing's first quarter deliveries were up 5% from a year earlier, to 121 jetliners.
The bad news is that new orders have slowed to a trickle, so future quarters will be very low on deliveries. Airlines have cut back the flights they offer, and don't need as many new orders. And it doesn't help that Boeing's largest customer is a certain American International Group (AIG).
How slow are the orders? In March, there were only six. That's down from 99 in the same period in 2008. And in February, Boeing only received four orders (down from 125 the year before).
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Posted
Mar 25 2009, 09:37 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
Is FedEx (FDX) blackmailing Congress or simply playing hardball? Either way, the shipping company is not making things easy on lawmakers these days.
FedEx is steamed about a bill working its way through Congress, and is threatening to cancel billions of dollars in new plane orders from Boeing (BA) as a result, according to the Wall Street Journal. The bill would make it easier to form unions at FedEx, which has been nearly union-free to this point. That's very different from rival UPS (UPS), where more than half of the employees are union members. Upset by the threat of more unions, FedEx is fighting back by clamping down its pocketbook.
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Posted
Mar 02 2009, 11:06 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
American International Group (AIG) has a division that leases airplanes to airlines that don't want to buy. And that unit is Boeing's (BA) biggest customer, with an fleet of about 1,000 planes.
AIG has been trying to sell the unit, called International Lease Finance Corp., to make some cash and maybe even pay the government back some of the $150 billion in bailout money it's received. But as it turns out, no one can afford the purchase. The unit is valued at around $8 billion, and potential buyers can't get enough financing in the tight credit market. So now the U.S. government may step in to help finance the deal. Boeing investors are watching this all carefully,
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Posted
Jan 23 2009, 08:50 AM
by
Anthony Mirhaydari
Rating:
Money Blog: Top Stocks Blog - MSN Money
Treasury secretary nominee Tim Geithner showed a knack for stating the obvious and inciting diplomatic unease when, as part of his Senate confirmation process, he did what the Bush administration avoided and accused the Chinese of currency manipulation.
His exact words, delivered in a written response to questions, were: "President Obama - backed by the conclusions of a broad range of economists - believes that China is manipulating its currency. President Obama has pledged as President to use aggressively all the diplomatic avenues open to him to seek change in China's currency practices."
Geithner's actions are a shot across the bow for China and its exporters who have long enjoyed favorable exchange rate policies even after the formal dollar peg was abandoned in 2005. For investors, this will help big American exporters like Caterpillar (CAT), Deere (DE), General Electric (GE), and Boeing (BA) while punishing
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Posted
Dec 03 2008, 03:09 AM
by
Bernhard Warner and Matthew Yeomans
Rating:
Money Blog: Top Stocks Blog - MSN Money
This post comes from partner site The Big Money.
A sum of $34 billion. That's the new magic number the General Motors, Ford, and Chrysler CEOs have calculated they'll need from Uncle Sam as part of a "turnaround plan" to continue operating, the Wall Street Journal, New York Times, and Detroit Free Press write, leading off their business coverage today.
This time on Capitol Hill, the CEOs struck a more humbled posture. "All three companies' chief executives agreed to symbolic steps, including salaries of $1 a year and the elimination of corporate jets to make their case more palatable, and they were traveling to the capital in hybrid vehicles to underscore the point. It's 520 miles from Detroit to Washington," the Detroit Free Press writes. To add some urgency to their arguments, GM and Chrysler admitted that if they don't secure federal bailout funds they could collapse before the end of the month, the newspaper adds ominously.
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Posted
Oct 23 2008, 12:04 PM
by
Minyanville
Money Blog: Top Stocks Blog - MSN Money
It doesn't look like anyone will benefit from the strike of 27,000 machinists at Boeing. The workers walked out on September 6th, before financial markets took the swan dive that required a global bailout to avoid Armageddon.
Strikers say they want to lock in job security. Sure - who wouldn't? But how do you do it in a global economy, especially now?
The strike costs Boeing as much as $100 million a day in lost revenue from unmet deliveries. The company's new 787 Dreamliner is already about 2 years behind schedule, and the strike may push the first flight of the new plane into next year.
Labor and management are expected to resume negotiations today with federal mediators. But both sides remain far apart on a key issue: Whether Boeing can farm out more work to outside contractors. This almost certainly means there will be no quick resolution to the strike.
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