Boeing (BA) Declares $1.71 Quarterly Dividend; 2.1% Yield

Boeing (BA) Confirms Acquisition of KLX Inc. for Approx. $3.2B

Boeing [NYSE: BA] announced today it has entered a definitive agreement to acquire KLX Inc. [NASDAQ: KLXI] to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling $4.25 billion.

Boeing's acquisition of KLX Inc. will include KLX Inc.'s Aerospace Solutions Group, and is conditional upon the successful divestment and separation of KLX Inc.'s Energy Services Group.

KLX Inc. is a major independent provider of aviation parts and services in the aerospace industry. Its capabilities include global parts distribution and supply chain... More

Better battery packaging on planes overlooks other safety concerns: airlines

By Allison Lampert and Jamie Freed

MONTREAL/SINGAPORE (Reuters) - New global packaging standards expected in late 2018 will allow lithium-ion batteries back into passenger plane cargo holds, pending design and regulatory approval, but some airlines say the new rule overlooks other safety concerns.

It will reverse a 2016 suspension due to fire risks, but some airlines argue that packaging alone will not fully protect against cargo battery fires because battery shipments are sometimes mislabeled. Airlines and battery makers want jet designs to factor in better cargo fire-safety measures.

Carriers interviewed by Reuters described finding packages of mislabeled... More

Boeing (BA) Near Deal to Acquire KLX, Inc. (KLXI) - WSJ

(Updated - April 27, 2018 1:37 PM EDT)

Boeing (NYSE: BA) is near a deal to acquire KLX, Inc. (NASDAQ: KLXI), the Wall Street Journal reported citing people familiar with the matter. The deal comes as Boeing continues to expand... More

Boeing (BA) PT Raised to $400 at Barclays

Barclays raised its price target on Boeing (NYSE: BA) to $400.00 (from $388.00) while maintaining a Overweight rating.

Airbus cuts A330 output, profit capped by engine delays

By Tim Hepher and Cyril Altmeyer

PARIS (Reuters) - Airbus announced a 17 percent drop in planned 2019 deliveries of its most successful wide-body jet on Friday, following a series of order defeats to rival Boeing, while leaving some analysts scratching their heads over plans for the much healthier A320.

Europe's largest aerospace group is simultaneously juggling a drop in demand for its A330 wide-body jet - the only one of its class on which it currently makes a profit - against record demand for bread-and-butter models like the A320.

Airbus said it was reducing deliveries of... More

Southwest Airlines orders 40 Boeing 737 MAX jets worth $4.68 billion

(Reuters) - U.S. carrier Southwest Airlines (NYSE: LUV) has ordered 40 Boeing Co (NYSE: BA) 737 MAX jets worth $4.68 billion at list price to help modernize its fleet, the airline said, making it the planemaker's largest global customer for the updated narrowbody.

Southwest converted options it... More

Trump tariffs cause headaches for S&P 500 manufacturers

By Lewis Krauskopf and Noel Randewich

NEW YORK (Reuters) - U.S. President Donald Trump's tariffs on steel and aluminum from China are leading to higher costs for major U.S. manufacturers and causing concerns at other companies, according to executives who spoke to investors in recent days.

The topic has arisen on a fifth of conference calls for S&P 500 companies reporting quarterly results so far this month, as of Wednesday, according to a Reuters analysis of transcripts.

Executives at Harley-Davidson Inc (NYSE: HOG), Ford Motor Co (NYSE:... More

Boeing (BA) Announces Global Distribution Pact for GE Aviation (GE) T700 Engines

Boeing (NYSE: BA), through its subsidiary Aviall, today announced it signed a multi-year parts distribution agreement with GE Aviation (NYSE: GE) to support the T700 engine. Under this agreement, Aviall will market and distribute components needed to support the maintenance, repair and overhaul of the GE T700 engine models that power civil and international military... More

Boeing (BA) PT Lowered to $450 at BofA/Merrill Lynch

BofA/Merrill Lynch lowered its price target on Boeing (NYSE: BA) to $450.00 (from $470.00) while maintaining a Buy rating.

Boeing (BA) PT Raised to $370 at Wells Fargo

Wells Fargo raised its price target on Boeing (NYSE: BA) to $370.00 (from $365.00) while maintaining a Market Perform rating.

Boeing (BA) PT Raised to $405 at Drexel Hamilton

Drexel Hamilton raised its price target on Boeing (NYSE: BA) to $405.00 (from $402.00) while maintaining a Buy rating.

Societe Generale Upgrades Boeing (BA) to Buy, 'Solid BCA margin progress makes mid-teen margin target look achievable'

Societe Generale upgraded Boeing (NYSE: BA) from Hold to Buy.

For an analyst ratings summary and ratings history on Boeing click here. For more ratings news on Boeing click here.

Shares of Boeing closed at $342.86 yesterday.

Boeing (BA) PT Raised to $350 at Canaccord Genuity

Canaccord Genuity raised its price target on Boeing (NYSE: BA) to $350.00 (from $345.00) while maintaining a Hold rating.

Boeing (BA) PT Raised to $430 at Cowen

Cowen raised its price target on Boeing (NYSE: BA) to $430.00 (from $415.00) while maintaining a Outperform rating.