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UPDATE 2-FAA says it will be the sole issuer of new 737 MAX airworthiness certificates

The Federal Aviation Administration said on Tuesday it notified Boeing Co that the agency will be the only issuer of airworthiness certificates for all new 737 MAX planes, a role that it had shared with the aircraft maker in the past. The U.S. air regulator also repeated that it has not completed its review of the 737 MAX aircraft design changes and associated pilot training. …read more […]

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UPDATE 1-Box raises full-year revenue forecast as demand for its services rises

Box Inc raised its full-year revenue forecast on Tuesday after reporting better-than-expected third-quarter sales, as the cloud management platform benefited from higher customer addition. Box raised full-year revenue forecast to a range of $693.7 million to $694.7 million compared with its earlier expectation of $690 million to $692 million, the midpoint of which is above analysts’ estimate of $690.9 million, according to IBES data from Refinitiv. Demand for cloud storage has risen over the past year as companies shift work to cloud due to convenience and lower costs. …read more […]

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3 Buy-Rated Stocks With Massive Upside Potential Ahead

Which stocks represent the most compelling investments? This is the million-dollar question for investors. Well, we say million, but that’s possibly for millionaires. For us mere mortals, it is probably the ‘few thousand-dollar question.’We all know by now that 2019 has been a record-breaking year, with the S&P 500 breaking its own record multiple times, so it gets harder to know which stocks offer good value after such a sustained rally.TipRanks’ Stock Screener is one way to get the lowdown, as it has a variety of filters, including upside potential, analyst consensus, and investor sentiment in which to gauge the …read more […]

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Challenge Mainstream Market Feelings With Facts

I recently detailed three reasons to be bullish on the stock market today.
One reason I listed for being bullish was merger and acquisition (M&A) activity. And since I shared that piece…

Charles Schwab Corp. (NYSE: SCHW) reached an agreement to acquire TD Ameritrade Holding Corp. (Nasdaq: AMTD) for $26 billion.
Louis Vuitton’s parent company, LVMH (OTC: LVMUY), raised its bid for Tiffany & Co. (NYSE: TIF) and then confirmed an agreement to buy the jewelry retailer for $16.2 million.
Novartis (NYSE: NVS) agreed to acquire The Medicines Company (Nasdaq: MDCO) for $9.7 billion.

According to Ernst & Young’s Capital Confidence Barometer, a “massive majority” …read more […]