Month: September 2018

Boeing Co (BA.N) is bringing retired workers back on the job as the world’s largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters on Monday. The snarl at its plant in Renton, Washington, triggered by shortages of engines and fuselages as Boeing sped production to record levels in June, is likely to hurt third-quarter results and threatens its goal to boost build rates again in 2019, some analysts said after meetings in the Seattle area last week. Investors will get a peek on Tuesday at how far behind Boeing …read more […]

Boeing Co is bringing retired workers back on the job as the world’s largest planemaker tries to fix delays at its 737 jetliner plant outside Seattle, a union official told Reuters on Monday. The snarl at its plant in Renton, Washington, triggered by shortages of engines and fuselages as Boeing sped production to record levels in June, is likely to hurt third-quarter results and threatens its goal to boost build rates again in 2019, some analysts said after meetings in the Seattle area last week. Investors will get a peek on Tuesday at how far behind Boeing …read more […]

Buckeye Partners LP said on Monday it expects to begin full repair work this week on a closed jet fuel pipeline that breached over the weekend, spilling 8,000 gallons of fuel into the St. Marys River in Indiana. Clean-up efforts are underway but replacing the broken line has been delayed because of rain storms that have raised the river’s level near Decatur, Indiana, said Buckeye spokesman Marty White. In a statement on Monday, Buckeye said workers have removed “the significant majority” of the fuel from the water and said …read more […]

Shares of Tesla finished higher after Baird analyst Ben Kallo reiterated his ‘buy’ rating on Tesla after a factory tour. …read more […]

Bob Woodward’s book on the Trump administration, “Fear: Trump in the White House,” hits bookstores Tuesday but has been making headlines for about a week as details leak out. According to a review of an advance copy obtained by Business Insider, the Woodward book includes some surprising details about President Trump’s preferred tax and monetary policy. Trump wanted a tax hike: During negotiations over the tax legislation in 2017, Trump reportedly wanted to raise the top individual income tax rate to 44 percent, up from 39.6 percent. …read more […]

In a regulatory filing on Monday, Warren Buffett’s Berkshire Hathaway disclosed it had taken its stake in the energy company down to 4.8 percent from 7.5 percent. …read more […]

Find out what made these stocks go higher. …read more […]

The big shareholder groups in Advanced Micro Devices Inc (NASDAQ:AMD) have power over the company. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insiders often decreaseRead More… …read more […]

Following the meeting of the EU Economic and Financial Affairs Council (ECOFIN) in Vienna, Austria on September 7, European Commission Vice-President Vladis Dombrovskis has stated that the Council’s position on cryptocurrencies is that they are here to stay despite market turbulence. CCN earlier reported that the 28 EU finance ministers would meet for an informal …read more […]

Until the pipeline giant’s stock value improves, it can’t make any deals. …read more […]