Wall Street pegs Boeing"s 737 Max bill at more than $25B

The company has already booked $9 billion in costs related to the grounding......»»

Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service......»»

The Boeing Co. has publicly distanced itself this week from a need for a share of the COVID-19 stimulus bill, but some on Wall Street aren’t buying the going-solo talk.  Company CEO David Calhoun said earlier this week that the company had $15 bi.....»»

Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»

A spokesperson for Gates told The Wall Street Journal "there was an affair almost 20 years ago which ended amicably......»»

The split between Bill and Melinda Gates, announced last week, has been in the works for a long time......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

U.S. stocks pulled back from record highs as Wall Street preps for a busy week of earnings with 10 Dow members reporting......»»

Boeing Co. said it has flagged a potential electrical issue in certain 737 MAX aircraft, asking 16 customers to address it before further operations......»»

Wall Street on Tuesday may be seeing muted action but investors were still buzzing about the highly leveraged wrongway bet reportedly employed by Bill Hwang's Archegos Capital Management, which may have saddled many banks with multibillion-dollar losses......»»

Industrials and materials will likely be the biggest beneficiaries of an infrastructure bill, along with U.S. small-caps, say strategists at Bank of America......»»

The liquidations appear to have left Archegos, which managed an estimated $10 billion of personal wealth for Hwang and his family, under extreme pressure following heavy losses......»»

Boeing reported a loss of $11.9 billion in 2020......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Ford Motor Co. has a new bull on Wall Street, as Argus Research analyst Bill Selesky raised his rating Tuesday to buy from hold, citing expectations for stronger .....»»

Stocks trade slightly lower Friday afternoon, a day after benchmark indexes closed at record highs, as Wall Street awaits an update from Congress on fiscal stimulus talks and a spending bill to thwart a midnight government shutdown......»»

Boeing Co. has expanded inspections of newly built 787 Dreamliners after finding a previously known manufacturing defect in sections of the jet where it hadn't been detected yet, The Wall Street Journal reported, c.....»»

Arnd Wiegmann/Reuters Bill Gates warned President Trump right before he took office about the possibility of a pandemic,  The Wall Street J.....»»

U.S. stocks opened higher on Wednesday after Gilead Sciences gave an encouraging update on a potential COVID-19 treatment, while upbeat earnings reports from Boeing and Google-parent Alphabet added to the sentiment......»»

Boeing Co. faces criminal and civil scrutin.....»»