Year: 2019

Boeing’s multibillion dollar contract to build U.S. astronaut capsules received an “unnecessary” extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency’s program to restart domestic human spaceflight. NASA agreed to pay Boeing Co a $287 million premium for “additional flexibilities” to accelerate production of the company’s Starliner crew vehicle and avoid an 18-month gap in flights to the International Space Station. NASA’s inspector general called it an “unreasonable” boost to Boeing’s fixed-priced $4.2 billion dollar contract. …read more […]

Oil prices posted early gains as OPEC’s outlook for oil demand next year fuelled hopes that the producer group and its associates will keep a lid on supply when they meet to discuss policy on output next month. Optimism that the United States and China could soon sign an agreement to end their trade war also seeped into the market after White House economic adviser Larry Kudlow said a deal was “getting close”, citing what he called very constructive discussions with Beijing. West Texas Intermediate crude was up 29 cents, or 0.5%, at $57.06 a barrel, after falling …read more […]

Q3 2019 Indivior PLC Earnings Call …read more […]

Boeing’s multibillion dollar contract to build U.S. astronaut capsules received an “unnecessary” extension from NASA, a watchdog report said on Thursday, the latest management blunders in the agency’s program to restart domestic human spaceflight. NASA agreed to pay Boeing Co a $287 million premium for “additional flexibilities” to accelerate production of the company’s Starliner crew vehicle and avoid an 18-month gap in flights to the International Space Station. NASA’s inspector general called it an “unreasonable” boost to Boeing’s fixed-priced $4.2 billion dollar contract. …read more […]

(Bloomberg) — Alibaba Group Holding Ltd. priced the retail portion of its Hong Kong share sale Friday, issuing an appeal to retail investors in a city in the throes of recession after months of violent pro-democracy protests.The largest Chinese e-commerce company capped the 12.5 million shares available to individual investors at HK$188 apiece, an auspicious number in Chinese culture. Alibaba said it may price the remainder of its 500 million-share offering above that ceiling, signaling that it aims to raise at least $12 billion in what would be one of the world’s largest sale of stock this year. The company …read more […]

NagaCorp Ltd. (HKG:3918), which is in the hospitality business, and is based in Cambodia, received a lot of attention… …read more […]