Membership revoked? Veteran GE's spot in exclusive Dow may be shaky

Boeing (BA) Reports Strategic Training Agreement with Royal Jordanian Airlines

Boeing (NYSE: BA) and Royal Jordanian Airlines today announced at the 2017 Dubai Air Show the carrier has selected Boeing to provide its 787 flight training. Under the five-year strategic agreement, Boeing will provide Royal Jordanian with a comprehensive training solution, including pilot type-rating and recurrent training at its London... More

General Electric (GE) PT Lowered to $23 at BofA/Merrill Lynch on 50% Dividend Cut, Lowering of 2018 Outlook

BofA/Merrill Lynch lowered its price target on General Electric (NYSE: GE) to $23.00 (from $27.00) while maintaining a Buy rating, following the company's analyst day.

Analyst Andrew Obin notes a cautious outlook on the shares, following the company's analyst day on Nov. 13th, that centered... More

Boeing (BA) Secures $1.3B Order from Ethiopian Airlines for 4 - 777 Freighters

Boeing (NYSE: BA) and Ethiopian Airlines announced an order for four Boeing 777 Freighters the world's largest and longest-range twin-engine cargo jet in a deal valued at more than $1.3 billion at list prices.

The deal includes a new order for two freighters. It also includes two freighters the airline announced as a commitment in June that finalized into a firm order and posted on Boeing's Orders & Deliveries website this month.

"This airplane order will provide Ethiopian's Cargo &... More

Amazon (AMZN) Announces Acquisition of Global Television Rights to 'The Lord of the Rings' for Multi-Season Production Commitment

Amazon (NASDAQ: AMZN) today announced it has acquired the global television rights to The Lord of the Rings, based on the celebrated fantasy novels by J.R.R. Tolkien, with a multi-season commitment. The upcoming Amazon Prime Original will be produced by Amazon Studios in cooperation with the Tolkien Estate and Trust, HarperCollins and New Line Cinema, a division of Warner Bros. Entertainment.

The Lord of the Rings is a cultural phenomenon that has captured the imagination of generations of fans through literature and the big screen, said Sharon Tal... More

Boeing (BA) Reports Commitment with Emirates to Purchase 40 787-10 Dreamliners at 2017 Dubai Airshow

Boeing (NYSE: BA) and Emirates, one of the world's largest airlines, announced a commitment to purchase 40 787-10 Dreamliners at the 2017 Dubai Airshow. The deal, including airplanes and related equipment, is valued at $15.1 billion at current list prices.

Emirates is the world's largest Boeing 777 operator and will be the first to receive the new 777X in 2020. In selecting the 787-10, Emirates complements their 777 fleet with a medium twin-aisle airplane that offers 25 percent better fuel efficiency per seat and emissions than the airplanes it replaces.

"Emirates' orders today will be delivered from 2022,... More

Boeing (BA) Reports Projections for Middle Eastern New Airplane Market of $730B Over Next 20-Yrs

Boeing {NYSE: BA} forecasts that airlines in the Middle East will need 3,350 new airplanes over the next 20 years, valued at an estimated $730 billion. Boeing presented its 2017 Current Market Outlook (CMO) for the region during the Dubai Airshow.

"Traffic growth in the Middle East is expected to grow at 5.6 percent annually during the next 20 years," said Randy Tinseth, vice president of Marketing, Boeing Commercial Airplanes. "The fact that 85 percent of the world's population lives within an eight-hour flight of the Arabian Gulf, coupled with robust business models and investment in infrastructure, allows... More