Why Boeing Stock Was Down More Than 5% Today

08:20pm, Tuesday, 22'nd Feb 2022 The Motley Fool
Russia is probably the answer.
In the damning new Netflix documentary Downfall: The Case Against Boeing, the errors and oversights that led to two crashes are examined For the vast majority of travelers, stepping foot on an airplane entails a tremendous act of near-blind faith. We control our own cars, trains operate on set tracks at ground level, but flying requires us to put total trust in the expertise of a complete stranger to operate a machine too complex for us to understand. Every time these gargantuan hunks of metal dont plummet screaming from the sky towards a certain fiery doom, it feels like a miracle, even if thats how 99.99% of flights play out. Rory Kennedys damning new documentary Downfall: The Case Against Boeing takes a close look at two incidents included within the other .01%, and shows us the tragedy that strikes when that sacred compact between passenger and airline is violated. I fly a good deal, and the truth is Ive got a bit of a fear of flying, Kennedy tells the Guardian from behind the wheel of her car, talking transit in transit. I like to think that when I walk down that jetway, the manufacturer of that plane is invested in keeping it up in the air, that the regulatory agencies focused on safety are doing in their job, and that at least in our country, the government is making sure the regulatory agencies enforce those safety measures.

SpaceX Has the World''s Most Reliable Rocket

01:07pm, Sunday, 20'th Feb 2022 The Motley Fool
Boeing and Lockheed Martin used to profit from launching the ultra-reliable Atlas V, but those days are at an end.
It was quite a bumpy ride, but thanks to simulation training we were prepared - Captain Karauri Kenya Airways (KQ) pilot Captain Ruth Karauri has received overwhelming praise after safely navigating a Boeing 787 passenger plane into Heathrow Airport in the UK during a storm. Capt. Karauri was at the cockpit aboard flight KQ 100 alongside her first officer Ayoob Harunany. They have been praised for displaying courage and exceptional skills to land the plane amidst heavy winds at the London airport. The British Weather Service had warned passengers of delayed flights due to the bad weather the region was experiencing. Speaking after the landing, she credited KQ for the training she had received to enable her maneuver, even in such circumstances. twitter.com "The flight conditions were strong ghastly winds and it was quite a bumpy ride. However, thanks to the training we have had at Kenya Airways, particularly in the simulator, it prepared us for such a scenario. We used all our training expertise and skills that we have managed to learn over the years at Kenya Airways and we handled the learning expertly," she elaborated.
The missteps traced in Downfall: The Case Against Boeing Netflixs new documentary about Boeings troubled 737 MAX jet are the stuff of Greek tragedy. Under the direction of filmmaker Rory Kennedy, the youngest child of Robert F. Kennedy, Downfall recounts how the aerospace giant cut corners in a race to compete against Airbus, and pressed mightily to minimize the known problems with a computerized flight control system that was capable of causing the 737 MAX to go into a fatal dive. The result? Not just one, but two catastrophic crashes first in Indonesia, in 2018, and only Read More
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FORT WORTH, Texas - American Airlines is making further cuts in its international schedule for this summer because of delays in Boeing delivering new widebody planes. American…
American Airlines is cutting back again on summer flights because Boeing can''t deliver planes that the airline ordered
Boeing''s missteps are starting to hurt its customers and the flying public at large.
American Airlines <> is further reducing its summer international flying schedule due to Boeing''s <> continuing delays in delivering new 787 Dreamliner jets, the Wall…
US stocks remained lower toward the end of trading, with the Nasdaq dropping 150 points on Friday. The Dow traded down 0.39% to 34,178.62 while the NASDAQ fell 1.1% to 13,567. The S&P also fell, dropping, 0.55% to 4,356.37. Check this out: Boeing And 3 Other Stocks Bought By Insiders Leading and Lagging Sectors Consumer staples shares slipped by just 0.3% on Friday. Meanwhile, top gainers in the sector included Local Bounti Corporation (NYSE: LOCL ), up 3% and Landec Corporation (NASDAQ: LNDC ) up 2%. In trading on Friday, information technology shares tumbled by 1.4%. Top Headline Deere & Company (NYSE: DE ) reported better-than-expected results for its first quarter and raised profit guidance. Deere posted quarterly earnings of $2.92 per share, beating market estimates of $2.26 per share. The company’s quarterly sales came in at $9.57 billion, versus expectations of $8.19 billion. Deere boosted its FY22 net income guidance from $6.5 billion-$7 billion to $6.7 billion-$7.1 billion. Equities Trading UP T2 Biosystems, Inc. (NASDAQ: TTOO ) shares shot up 14% to $0.4579 after the company reported better-than-expected Q4 EPS and sales results.
The world’s largest carrier by passenger traffic is again cutting its summer schedule as production problems prevent Boeing from handing over new 787s.
US stocks traded lower midway through trading, with the Dow Jones dropping more than 100 points on Friday. The Dow traded down 0.39% to 34,179.43 while the NASDAQ fell 1.07% to 13,569.88. The S&P also fell, dropping, 0.56% to 4,355.93. Check this out: Boeing And 3 Other Stocks Bought By Insiders Leading and Lagging Sectors Communication services shares climbed 0.7% on Friday. Meanwhile, top gainers in the sector included System1, Inc. (NYSE: SST ), up 9% and Iridium Communications Inc. (NASDAQ: IRDM ) up 5%. In trading on Friday, energy shares fell by 0.5%. Top Headline Deere & Company (NYSE: DE ) reported better-than-expected results for its first quarter and raised profit guidance. Deere posted quarterly earnings of $2.92 per share, beating market estimates of $2.26 per share. The company’s quarterly sales came in at $9.57 billion, versus expectations of $8.19 billion. Deere boosted its FY22 net income guidance from $6.5 billion-$7 billion to $6.7 billion-$7.1 billion. Equities Trading UP T2 Biosystems, Inc. (NASDAQ: TTOO ) shares shot up 11% to $0.4472 after the company reported better-than-expected Q4 EPS and sales results.

Price Over Earnings Overview: Nexstar Media Group

02:48pm, Friday, 18'th Feb 2022 Benzinga
In the current market session, Nexstar Media Group Inc. (NASDAQ: NXST ) is trading at $178.70, after a 0.20% drop. However, over the past month, the stock went up by 12.80%, and in the past year, by 39.07%. Shareholders might be interested in knowing whether the stock is overvalued, even if the company is not performing up to par in the current session. Check out this: Boeing And 3 Other Stocks Bought By Insiders Assuming that all other factors are held constant, this could present itself as an … Full story available on Benzinga.com
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