Boeing (BA) Just Got a Big Boost From a Chinese Official
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Price: $217.40 -0.33%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
EPS Growth %: +76.6%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.4%
EPS Growth %: +76.6%
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Boeing (NYSE: BA) shares are lower early Friday, but investors could be ignoring a crucial statement that came out of the world's biggest growth driver - China.
China's EU ambassador said it "makes sense" for airline companies in China to shun Airbus in favor of Boeing due to the EU's new levies on greenhouse-gas emissions from planes. This according to reports from the Wall Street Journal.
Shares of Boeing last traded at $74.15, down fractionally.
China's EU ambassador said it "makes sense" for airline companies in China to shun Airbus in favor of Boeing due to the EU's new levies on greenhouse-gas emissions from planes. This according to reports from the Wall Street Journal.
Shares of Boeing last traded at $74.15, down fractionally.
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