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Trading Ideas

Another window on a Southwest plane has failed, but airplane windows are stronger than you think (LUV)

The incident occurred just weeks after Southwest Flight 1380 made an emergency landing in Philadelphia when an engine failure blew out one of its windows, nearly sucking a passenger out of the cabin. Airplane windows are rather durable and are made up of multiple layers. On Wednesday, Southwest Airlines Flight 957 was forced to divert to Cleveland after the outside pane on one of its windows failed. …read more […]

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Business News

Exclusive: Bombardier and Airbus unveil leaders of new CSeries partnership – memo

MONTREAL, PARIS (Reuters) – Bombardier and Airbus unveiled to employees the top leaders for the CSeries program, in a further step towards finalizing a deal that will see the European planemaker taking control of the Canadian jetliner, according to a memo to staff on Wednesday that was seen by Reuters.

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Trading Ideas

McDermott, Chicago Bridge & Iron shareholders approve merger

McDermott International shareholders on Tuesday approved a merger with Chicago Bridge & Iron Co that creates a vertically integrated onshore and offshore engineering and construction company, thwarting an attempt by offshore drilling contractor Subsea 7 to block the deal. More than 50 percent of McDermott shareholders supported the merger and approved a 3-to-1 reverse stock split, according to a spokesman. CB&I shareholders also voted in favor the deal, the companies said, and the combination is expected to close on May 10. …read more […]

Newsmakers

The Green Organic Dutchman (TSX: TGOD) Completes Initial Public Offering and Commences Trading on the Toronto Stock Exchange

TORONTO, May 02, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) is pleased to announce that it has successfully completed an initial public offering (the “Offering”) of 31,510,000 units (the “Units”) […]

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Business News

App redesign haunts Snap as investors flee

(Reuters) – Shares of Snap Inc sank as much as 22 percent to the lowest since its 2017 flotation on Wednesday, after first quarter numbers showed it losing confidence among users and advertisers due to a widely-panned redesign of Snapchat.

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