Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
The press recently had a field day with a report from the “Institute for Policy Studies” about executive pay. The report said the of the 100-highest paid U.S. CEOs in 2011, “26…
Twenty-six of the top 100 highest-paid U.S. CEOs in 2011 made more than their companies paid in federal income taxes, according to a study released recently by the Institute for Policy Studies. This figure is up from…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
With the announcement of a commitment for 54 of its 737 aircraft, Boeing Co. (NYSE: BA) today took another shot at Airbus, the European Aeronautic Defense and Space Co. (OTC: EADSY), in…
Treasury Secretary Tim Geithner has gone to Europe to visit the finance minister of Germany, Wolfgang Schaeuble, and European Central Bank (ECB) chief Mario Draghi. His hosts often do not welcome Geithner…
Douglas A. McIntyre Boeing (NYSE: BA) and Airbus continue to have trouble designing and manufacturing large airplanes that do not break. The Airbus super jumbo A380 has had wing crack problems. The Boeing 787 Dreamliner…
Douglas A. McIntyre The three major US stock indexes opened mixed this morning with the Nasdaq Composite slightly negative on an unexpectedly weak earnings report from Apple Inc. (NASDAQ: AAPL) (more coverage here). A weak…
Boeing (NYSE: BA) second-quarter financials beat Wall St. earnings and revenue estimates based on strength in businesses such as commercial airplane deliveries. Boeing reported net income of $967 million, or $1.27 a share, for the second…
247sam U.S. stock futures are mixed ahead of the opening bell. Dow Jones industrial average and S&P 500 futures were about 0.5% higher, while Nasdaq futures were lower by about the same amount.…
Japanese airlines All Nippon Airways (ANA) grounded 5 of its 11 787 Dreamliners from Boeing Co. (NYSE: BA) following tests that indicate a risk of corrosion in the plane’s Rolls-Royce engines. Three…
Paul Ausick Subject: America’s Biggest Advertisers The 10 largest advertisers in the United States spent $26.2 billion in 2011, according to Advertising Age, an advertising trade publication. While the number is huge, it looks…
At the close of last week’s Farnborough Air Show near London, Boeing Co. (NYSE: BA) reported that it had taken orders with a list price value of $35.6 billion. Airbus reported new…
If Bloomberg’s reporters are correct, Boeing’s (NYSE: BA) CEO James McNerney, who is also chairman of the Procter & Gamble (NYSE: PG) board of directors compensation and leadership development committee, has pressed to oust Robert McDonald, the consumer…
GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to hire new workers. (Reuters)…
