Sturm Ruger Blows Away Earnings
Sturm, Ruger & Co. Inc. (NYSE: RGR) has reported its fourth quarter earnings. If you have been to a gun store or sporting goods store which sells fire arms, it was obviously going to be a…
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courtesy Boeing Co.Boeing Co. (NYSE: BA) thinks it can fix the battery problems on the 787 Dreamliner. The trouble has kept the plane out of service for a month, and delayed deliveries of those…
We Were Wrong About American Airlines
courtesy Boeing Co.American Airlines and U.S. Airways Group Inc. (NYSE: LCC) will combine in a merger worth $11 billion. AMRÂ bondholders will own 72% of the combined business. U.S. Airways CEO Doug Parker will be…
Can U.S. Defense Stocks Survive Drastic Budget Cuts? (UBS, GD, RTN, ATK)
ThinkstockIf there is one thing a U.S. politician does not want to appear after the horror of 9/11, it is being weak on defense. Yet with the exception of entitlements, the biggest part of…
Antitrust Concerns Over U.S. Airways and AMR Merger
ThinkstockFederal approval of the potential merger between U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR likely will hinge on what the carriers are willing to give up. Antitrust experts believe that the new company…
U.S. Airways, American Airlines Deal on Tap
ThinkstockAn $11 billion merger between bankrupt AMR Corp., parent of American Airlines, and U.S. Airways Group Inc. (NYSE: LCC) could be concluded as early as this week, according to sources cited at Reuters. The…
U.S. Airways, American Airlines and Poor Customer Service
ThinkstockAirline mergers are messy for employees, aircraft builders, airports and especially customers. The likely merger of U.S. Airways Group Inc. (NYSE: LCC) and bankrupt AMR, parent of American Airlines, will cause another round of…
Boeing Ready for 787 Dreamliner to Fly Again
Wikimedia CommonsBoeing Co. (NYSE: BA) is trying to get back in the game of flying its 787 Dreamliner. So far, the prospects do not seem very good, depending on which reports are to be…
Airlines Charging the Highest Fees
ThinkstockThe U.S. airline industry had one of the more turbulent decades in its history. In the past few years, the majority of the country’s largest carriers have merged with a competitor or gone into…
Dreamliner Grounding to Cost Boeing Some Money
courtesy Boeing Co.Safety problems aside, the grounding of its 787 Dreamliner is likely going to cost the Boeing Co. (NYSE: BA) some cash. Japan Airlines, which operates seven of the planes, said today that…
Costs of 787 Dreamliner’s Grounding Keep Adding Up
Wikimedia CommonsJapanese airline All Nippon Airways, which has been affected as much as any other carrier by the grounding of the Boeing Co. (NYSE: BA) 787 Dreamliner, apparently has started to keep a tab on…
American Airlines Takeover Nears
ThinkstockA number of press reports say that U.S. Airways Group Inc. (NYSE: LCC) will take over the airline operations of bankrupt AMR. The marriage of U.S. Airways and American Airlines would create one of the largest…
Boeing Focused on Fixing Dreamliner Troubles
courtesy Boeing Co.The Boeing Co. (NYSE: BA) reported fourth-quarter and full-year results before markets opened this morning. For the quarter, the aircraft maker posted adjusted diluted earnings per share (EPS) of $1.46 on revenues…
Northrop Grumman Tops Estimates, Wary of Defense Cuts
ThinkstockNorthrop Grumman Corp. (NYSE: NOC) reported fourth-quarter and full-year results before markets opened this morning. For the quarter, the defense contractor posted diluted earnings per share (EPS) of $2.14 on revenues of $6.48 billion.…
What Boeing Knew Dreamliner Problem and When
Wikimedia CommonsApparently Boeing Co. (NYSE: BA) knew about problems with batteries on its 787 Dreamliner before that trouble became public, and probably before its was disclosed to many of its airline customers. If this is…