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July 10, 2020

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Air travel jumps over July 4 weekend, but down more than 70% from 2019

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by CNBC016
CNBC – For more and to sign up click here Airline passengers wearing face masks arrive and depart the D Concousre at McCarran International Airport in Las Vegas on Tuesday, June 30, 2020. Bill Clark | CQ-Roll Call | Getty Images More travelers took to the skies over the July......
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Iconic 747 jumbo jet nears the end as Boeing placed final part orders

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by CNBC018
CNBC – For more and to sign up click here United Airlines’ Boeing 747-400 aircraft performed its last passenger flight on November 7, 2017. NurPhoto Boeing and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end......
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Stock market live updates: Dow up 200, big winning week, blowout jobs number

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by CNBC010
CNBC – For more and to sign up click here A view of the Wall Street street sign with the New York Stock Exchange during the coronavirus pandemic on May 25, 2020 in New York City. Noam Galai | Getty Images Stocks moved higher on the final trading day of......
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Stocks making the biggest moves in the premarket: McDonald’s, Tesla, JetBlue, Facebook & more

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by CNBC023
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: McDonald’s (MCD) – McDonald’s halted further reopenings of dine-in service at its restaurants, postponing them by three weeks due to a rise in Covid-19 cases. Restaurants, where dine-in......
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U.S. regulator, Boeing complete 737 MAX certification test flights

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by CNBC023
CNBC – For more and to sign up click here A Boeing 737 MAX airplane lands after a test flight at Boeing Field in Seattle, Washington, U.S. June 29, 2020. Karen Ducey | Reuters The Federal Aviation Administration and Boeing have completed certification test flights on the 737 MAX, a......
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Top U.S. Air Force officer praises Boeing CEO for fixes to aerial tanker

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by CNBC024
CNBC – For more and to sign up click here Boeing’s KC-46 tanker for the U.S. Air Force. Boeing WASHINGTON — The nation’s highest-ranking Air Force officer praised Boeing CEO Dave Calhoun for quickly working with the Department of Defense to fix the KC-46 aerial refueling tanker, which the defense......
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Boeing kept FAA in the dark on key 737 MAX design changes, government report says

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by CNBC016
CNBC – For more and to sign up click here Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing failed to submit certification documents to the U.S. Federal Aviation Administration (FAA) detailing changes to a......
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Stocks making the biggest moves in the premarket: Micron, Conagra Brands, Apple, Xilinx & more

CNBC
by CNBC015
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Conagra Brands (CAG) – The food producer reported quarterly profit of 75 cents per share, 9 cents a share above estimates. Revenue also exceeded consensus and Conagra gave......
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Jim Cramer: We saw a lot of ‘encouraging signs’ in Monday’s session

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by CNBC020
CNBC – For more and to sign up click here Positive housing data and a price rebound “in some important stocks” fueled buying in the stock market Monday, CNBC’s Jim Cramer said. The Dow Jones surged 580 points to 25,595.80 for a gain of 2.32%, the S&P 500 rose 1.47%......
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Stocks making the biggest moves after hours: Micron, Simon Property Group, Boeing and more

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by CNBC017
CNBC – For more and to sign up click here Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell.......
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Stocks rise despite surging coronavirus cases – Three experts weigh in

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by CNBC020
CNBC – For more and to sign up click here Stocks rose in volatile trading Monday as Wall Street cheered news on Boeing and traders shrugged off the latest surge in coronavirus cases. Three experts break down the reasons behind Monday’s market action and what to watch now. Jim Cramer,......
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FAA starts Boeing 737 Max test flights, a milestone in getting the planes back in service after crashes

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by CNBC024
CNBC – For more and to sign up click here A Boeing 737 MAX 8 airliner takes off from Renton Municipal Airport near the company’s factory, on March 22, 2019 in Renton, Washington. Stephen Brashear | Getty Images The Federal Aviation Administration began certification flights of the Boeing 737 Max......
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Stocks making the biggest moves in the premarket: Gilead Sciences, Starbucks, BP, Coty & more

CNBC
by CNBC017
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Gilead Sciences (GILD) – Gilead set pricing for its remdesivir anti-viral Covid-19 treatment, with developed-world governments paying $390 per dose and privately insured patients being charged $520 per......
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CNBC Business

Boeing 737 MAX certification flight tests to begin on Monday, sources say

CNBC
by CNBC020
CNBC – For more and to sign up click here An unpainted Boeing 737 MAX aircraft is seen parked in an aerial photo at Renton Municipal Airport near the Boeing Renton facility in Renton, Washington, U.S. July 1, 2019. Picture taken July 1, 2019. Lindsey Wassen | Reuters Pilots and......
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CNBC Business

Stock market live updates: Choppy trading, banks jump, travel stocks lower

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by CNBC013
CNBC – For more and to sign up click here The New York Stock Exchange (NYSE) stands in lower Manhattan on May 18, 2020 in New York City. Markets surged today as promising details of a potential COVID-19 vaccine were released and more European countries gradually re-opened after months of......
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CNBC Business

Stocks making the biggest moves in the premarket: Starbucks, Salesforce.com, Intuit, Peloton & more

CNBC
by CNBC013
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: IHS Markit (INFO) – The financial information and analytics provider reported quarterly profit of 69 cents per share, 2 cents a share above estimates. Revenue was slightly short......
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CNBC Business

Barstool’s Dave Portnoy says he’ll focus on sports betting when sports return

CNBC
by CNBC025
CNBC – For more and to sign up click here As Penn National Gaming works to reopen its casinos and gaming operations, Barstool founder Dave Portnoy is itching to return to his roots. Portnoy, an avid sports bettor who began betting on stocks after professional sports paused due to the coronavirus,......
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CNBC Business

FAA chief acknowledges agency, Boeing made mistakes on 737 Max

CNBC
by CNBC021
CNBC – For more and to sign up click here The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing and the U.S. air safety agency both made mistakes in developing the 737 Max jet, but rejected senators’ accusations the FAA was “stonewalling” probes after two......
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Stocks making the biggest moves in the premarket: Lululemon, Caterpillar, Sony, Tesla, Boeing & more

CNBC
by CNBC032
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Lululemon (LULU) – Lululemon reported quarterly earnings of 22 cents per share, 1 cent a share below estimates. The athletic apparel maker’s revenue also came in below forecasts......
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CNBC Business

Boeing aims for 737 Max recertification flight by the end of June

CNBC
by CNBC025
CNBC – For more and to sign up click here Boeing expects to do its 737 Max recertification flight by the end of June, multiple people have told CNBC. The people familiar with Boeing’s plans said the recertification flight may actually be more than one flight over the course of......
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