Daily Markets - Boeing Ups 737 Production Again
Daily Markets - Boeing Ups 737 Production Again |
- Boeing Ups 737 Production Again
- Abiomed To Feature Impella At TCT
- Hedge Fund Manager Bets Big On Gold And Farmland
- LMT Part Of $2.8B SSA Contract
- Neutral On Monster
- Progressive Beats In August
- Eni SpA Remains Neutral
- Higher August Charge-offs Blot Citi
- CSN Raises Funds Via Bonds Issue
- Outperform On Avnet
- Core CPI Remains Unchanged
- Liberty Property Acquires Asset
- MoneyGram Allies With BillingTree
- Chesapeake: Eagle Ford JV Ahead
Boeing Ups 737 Production Again Posted: 17 Sep 2010 12:05 PM PDT In anticipation of higher demand, Boeing Company (BA) once again raised the production rate of its Next-Generation 737 airplanes. Boeing will increase the production rate to 38 airplanes per month in second quarter 2013, from the current rate of 35 airplanes per month. |
Abiomed To Feature Impella At TCT Posted: 17 Sep 2010 12:05 PM PDT Leading cardiac assist devices maker Abiomed (ABMD) has announced its schedule of presentations at the 2010 Transcatheter Cardiovascular Therapeutics (TCT) scientific meeting, slated to be held at the Washington Convention Center (WCC) in Washington , DC from September 21–25. TCT, the annual scientific conference of the Cardiovascular Research Foundation (CRF), is the word’s largest educational meeting focused on interventional cardiovascular medicine. |
Hedge Fund Manager Bets Big On Gold And Farmland Posted: 17 Sep 2010 11:50 AM PDT Things are looking bleak in the United States. Almost no one is seeing a turnaround anytime soon. A recent USA Today/Gallup poll found 82% of respondents thought the U.S. was still in a recession. And 54% of them expect the economy to be as bad or worse a year from now. A very successful speculator, however, is making a surprising wager. Michael Burry, the hedge fund manager who helped create credit default swaps to profit from the housing bust and was featured in Michael Lewis' The … [visit site to read more] |
LMT Part Of $2.8B SSA Contract Posted: 17 Sep 2010 11:35 AM PDT The largest US defense contractor, Lockheed Martin Corporation (NYSE:LMT) secured a part of Social Security Administration's (SSA) seven-year $2.8 billion indefinite delivery, indefinite quantity (IDIQ) contract. |
Posted: 17 Sep 2010 11:35 AM PDT We recently reiterated our NEUTRAL recommendation on Monster Worldwide Inc., (MWW). |
Posted: 17 Sep 2010 11:35 AM PDT Progressive Corp.'s (PGR) earnings per share for August 2010 were 10 cents, up 25% from 8 cents reported in August 2009. However, the results of the reported month lagged 17 cents per share reported in July 2010. Net income for the month improved 21% to $66.5 million from $55.0 million in the year-ago period. However, on a sequential basis, net income declined a substantial 41% from $113.2 million reported in the previous month. |
Posted: 17 Sep 2010 11:05 AM PDT The performance of Eni SpA (NYSE:E) has been gaining traction since the beginning of this month. Management is confident about the company's long-term upstream delivery potential as new fields are continuously coming online across its footprint. |
Higher August Charge-offs Blot Citi Posted: 17 Sep 2010 11:05 AM PDT Citigroup Inc. (NYSE:C) has reported an increase in credit card charge-offs in August. Charge-offs − balances that are uncollectible by the company and are |
CSN Raises Funds Via Bonds Issue Posted: 17 Sep 2010 11:05 AM PDT Companhia Siderurgica Nacional (NYSE:SID) or CSN, through its wholly-owned subsidiary, CSN Islands XII Corp., issued US$1 billion perpetual bonds priced at a rate of 7.0% p.a. The bonds are guaranteed by CSN and the funds will be used for the redemption of perpetual bonds issued in 2005 with a principal amount of US$750 million. |
Posted: 17 Sep 2010 11:05 AM PDT We continue to maintain our OUTPERFORM recommendation on Avnet, Inc. (AVT), one of the world's largest distributors of electronic components and computer products, based on solid growth expected in fiscal 2011. |
Posted: 17 Sep 2010 10:35 AM PDT The Consumer Price Index (CPI) rose by 0.3% in August, matching its July rise. In June the CPI was down 0.1% and year over year it is up just 1.1%. Almost all of the increase was due to energy prices, which rose 2.3% on top of a 2.6% increase in July, but after a 2.9% decline in June. Year over year, energy prices are up 3.8%. Actually the increase is even narrower than that, as energy commodities such as gasoline were up 3.8% on the month, on top of a 4.0% rise in July but after a 4.1% fall … [visit site to read more] |
Liberty Property Acquires Asset Posted: 17 Sep 2010 10:35 AM PDT Liberty Property Trust (NYSE:LRY), a leading real estate investment trust (REIT), has recently acquired a warehouse distribution center in southwest Orlando, Florida, for $23.6 million from CVS Caremark Corporation (NYSE:CVS), the largest pharmacy healthcare provider in the U.S. The deal is the largest of its kind in the region so far in 2010. |
MoneyGram Allies With BillingTree Posted: 17 Sep 2010 10:35 AM PDT MoneyGram Allies with BillingTree |
Chesapeake: Eagle Ford JV Ahead Posted: 17 Sep 2010 10:35 AM PDT Chesapeake Energy Corporation (NYSE:CHK) is looking forward to more shale joint ventures (JVs) ahead. The third-largest U.S. natural gas producer is expecting its next JV for its Eagle Ford properties in south Texas, according to an article published in Bloomberg. |
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