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The board of directors of FedEx met in Seattle over the weekend, and one of the items on the agenda was the purchase of more 767 cargo planes from Boeing.
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All these defense stocks are expected to report a good quarter, and all make very good sense in growth portfolios with a degree of risk tolerance.
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Short interest through June 30 was released on Friday after markets closed, and we thought we would take a look at what short sellers are thinking about Boeing.
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If the reports are accurate, Lockheed Martin may be paying $8 billion or more to United Technology for its Sikorsky unit.
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Friday morning American Airlines said it would delay delivery of five new planes from Boeing and 35 new planes from Airbus.
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It now appears that FedEx is about to place an order for as many as 50 of Boeing’s 767-300F freighters. The list price for the plane is $199.3 million, valuing an order for 50 at nearly $10 billion.
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Airbus has one-upped its own giant A380 model with a double-decked plane that tries to address a couple the objections that have kept the A380 from being a bigger seller.
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Wells Fargo Securities raised its second-quarter earnings per share estimate for Boeing after it announced second-quarter delivery ressults.
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Boeing reported Monday morning that commercial aircraft deliveries totaled 197 in the second quarter of 2015, up from 181 in the second quarter of last year.
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For the first time since 2011, the U.S. Department of Defense has updated its National Military Strategy.
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Boeing released its 2015 price list on Wednesday, and the most expensive commercial jet the company sells is the 777-9X, which carries a list price of $400 million.
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Harris has joined the lineup of companies looking to reorganize their corporate structure. 24/7 Wall St. wanted to show a heads and tails view of the move here.
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Does Boeing believe that the 747 maintains enough strategic value to the company to make it worth committing cash that it could use for other purposes?
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Boeing and European rival Airbus compete with one another for essentially every sale either company makes. It is no wonder then that keeping score has become a spectator sport.
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On Sunday, a Falcon 9 rocket disintegrated just minutes after launch from Cape Canaveral as it was on a mission to resupply the International Space Station.
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