Fresh North Korea tensions hit Wall Street

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Insmed (INSM) Prices 12.28M Share Common Offering at $28.50/Sh

September 7, 2017 5:57 AM EDT

Insmed Incorporated (Nasdaq: INSM) announced today that it priced an offering of 12,281,000 shares of its common stock in a registered underwritten public offering at a price of $28.50 per share before underwriting discounts and commissions. All of the shares of common stock in the offering are to be sold by Insmed. Gross proceeds from this offering before deducting underwriting discounts and commissions are expected to be... More

Boeing (BA) Boosts Forecast for New Airplane Demand in China

September 6, 2017 5:58 AM EDT

Boeing (NYSE: BA), China's leading provider of commercial airplanes, projects a demand for 7,240 new airplanes in the country over the next 20 years valued at nearly $1.1 trillion dollars.

Boeing's annual China Current Market Outlook (CMO) was released today in Beijing, with total airplane demand rising 6.3 percent over last year's forecast.

"China's continuous economic growth, significant investment in infrastructure, growing middle-class and evolving airline business models support this long-term outlook," said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. "China's fleet size is expected to grow at a pace well above... More