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Boeing stocks are currently trading at 370.29-lower by 2.21% as compared to the previous closing price. Boeing Co. stocks fell today after The Wall Street Journal reported that the Department of Transportation and federal prosecutors were scrutinizing the development of the company’s 737 Max planes. The report also disclosed that the U.S. Transportation Department was probing the Federal Aviation Administration’s approval of the 737 MAX and in particular its anti-stall (MCAS) system. This comes afterRead More
Oracle stock is currently trading at 52.24-lower by 1.52% as compared to the previous closing price. In the pre-market trading session, the stock was trading lower by 3.68%. The stock has pared some of its losses after the opening bell. The company on Thursday reported earnings for the fiscal third quarter that beat the market expectation. The company also issued a forecast that was in line with the analysts’ estimates. Oracle generated an EPS (excludingRead More
General Electric stocks are currently trading at 10.44-higher by 4.24% as compared to the previous closing price. The stock was trading higher by 3.49% in the pre-market trading session. The stock has continued rising after the opening bell. The company told investors earlier today that the company expects 2019 earnings to be below the market expectation as it continues to be plagued by problems in its power business. General Electric expects 2019 adjusted earnings betweenRead More
Goldman Sachs stocks are currently trading at 198.62-higher by 1% as compared to the previous closing price. The Wall Street Journal reported on Tuesday that the company is planning to open up an internal go-anywhere investing group to outsiders. The newspaper further reported that firm’s special situations group plans to raise outside money. Goldman is considering combining the group with the firm’s merchant bank, which makes private equity investments, the Journal said. SSG invests theRead More
Microsoft Corp. stocks are currently trading at 113.80-higher by 0.83% as compared to the previous closing price. The tech giant is taking legal action against Foxconn parent Hon Hai, after the Taiwanese consumer-electronics manufacturer allegedly failed to abide by a 2013 patent-licensing agreement. The company filed the suit on Friday in the U.S. District Court for the Northern District of California, accusing Foxconn of failing to provide twice-yearly royalty reports concerning certain unspecified products andRead More
Boeing stocks are currently trading at 395.02-lower by 6.51% as compared to the previous closing price. The stock fell after an Ethiopian Airlines flight crashed on Sunday, killing all 157 people on board. The plane used for the flight was a 737 MAX 8 jet, one of Boeing’s top-selling airplanes. The crash raised worries about the model’s safety as it comes less than six months after another deadly crash involving the 737 MAX 8. SeveralRead More