FedEx orders Boeing freighters for $6.6 billion

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FedEx (FDX) PT Lowered to $289 at Stifel, Maintains Bullish View

June 21, 2018 1:20 PM EDT

Stifel lowered its price target on FedEx (NYSE: FDX) to $289.00 (from $295.00) while maintaining a Buy rating.

Analyst David Ross said while there were a lot of moving pieces this week, the bottom line changed little - "the economy is healthy and earnings... More

Boeing (BA) Subsidiary Insitu Secures Interior Contract Award for Small Unmanned Aircraft Systems Services

June 20, 2018 7:06 AM EDT

Insitu, a wholly-owned subsidiary of The Boeing Company has received a first-of-its kind contract from the U.S. Department of the Interior (DOI) to provide fire suppression services within the contiguous 48 states and Alaska using its ScanEagle Unmanned Aircraft System (UAS).

Per the contract, Insitu will support manned aerial operations Including fire suppression, search and rescue, emergency management, and other operations as needed on a "call when needed" basis.

"We... More