RSS Category: Small Business

Boeing Rival Airbus Gets Huge Boost For This Once-Struggling Plane

Boeing Rival Airbus Gets Huge Boost For This Once-Struggling Plane

Boeing (BA) rival Airbus (EADSY) is selling 60 A220-300s to JetBlue (JBLU), giving a massive boost to the once-struggling line of narrow-body jets. X At list prices, the deal is worth $ 60 billion, though airlines typically get significant discounts for large orders. Delivery for the JetBlue orders will start in 2020, and the carrier […]

July 11, 2018 | By | Reply More
Luxury Car Maker Ferrari Is A Long-Time Leader, But Hits These 2 Speed Bumps

Luxury Car Maker Ferrari Is A Long-Time Leader, But Hits These 2 Speed Bumps

Ferrari stock has outshined fellow automakers and luxury players alike since its 2015 debut. But Trump tariff threats and slowing earnings growth have tapped the brakes on the Italian sports car company’s shares. X Trump Tariff Threats Along with declines for the major stock market indexes, Ferrari (RACE) is feeling the weight of recent tweets […]

July 8, 2018 | By | Reply More
Tesla Stock Drops As It Meets Goal Of 5,000 Model 3 Vehicles

Tesla Stock Drops As It Meets Goal Of 5,000 Model 3 Vehicles

Tesla stock jumped, then fell Monday after the maker of electric vehicles said it hit the target for Model 3 production that Chief Executive Elon Musk said was critical for the company to reach profitability. X Tesla (TSLA) on Sunday said it produced 5,031 Model 3 vehicles in the last week of the second quarter, […]

July 2, 2018 | By | Reply More
Apple Video Plans Taking Shape, But Strategy Unclear

Apple Video Plans Taking Shape, But Strategy Unclear

Consumer electronics giant Apple (AAPL) has ordered a cornucopia of original television series, but has yet to disclose how it plans to offer that video content to viewers. X “Apple has assembled a surprisingly large slate of original content for its OTT (over-the-top) video services, but the distribution strategy remains unclear to us,” Macquarie Capital analyst Benjamin […]

June 29, 2018 | By | Reply More
Tesla Closing Up To 14 Solar Facilities As Part Of 9% Workforce Cuts

Tesla Closing Up To 14 Solar Facilities As Part Of 9% Workforce Cuts

Up to 14 Tesla (TSLA) solar-installation facilities will be closed across nine states, lowering the total to 60 and raising new questions about the viability of the business. X The facilities were part of Tesla’s $ 2.6 billion acquisition of SolarCity, acquired two years ago in a controversial deal. The cutbacks are part of the […]

June 24, 2018 | By | Reply More
Boeing Must Clear This Last Hurdle Before Delivering Delayed KC-46 Tankers

Boeing Must Clear This Last Hurdle Before Delivering Delayed KC-46 Tankers

EVERETT, Wash. — After months of delays and billions in cost overruns for Boeing (BA), the Air Force and the aerospace giant have agreed on a delivery schedule for a new aerial refueling tanker, but there is still critical work to be done. X Boeing will deliver the first KC-46 tanker in October with 17 more […]

June 21, 2018 | By | Reply More
Biotech Funds Tacked On $76 Million This Week — Are They Recovering?

Biotech Funds Tacked On $76 Million This Week — Are They Recovering?

Biotech funds tacked on $ 76 million this week, adding to more than $ 500 million in net inflows over the past two weeks — a phenomenon biotech stocks haven’t seen in nine months. X But activity within exchange-traded funds lent a heavy helping hand. Outside ETFs, the flow of biotech funds was negative, Raymond James […]

June 18, 2018 | By | Reply More
Etsy Stock Hits Record High On Raised Revenue Guidance, New Initiatives

Etsy Stock Hits Record High On Raised Revenue Guidance, New Initiatives

Etsy (ETSY) stock soared to a record high Thursday after the online retailer raised 2018 revenue guidance and announced new subscription packages and higher seller fees, among other initiatives. X For 2018, the company now expects revenue in the range of $ 582 million to $ 591 million. That’s growth of 32% to 34%, up […]

June 15, 2018 | By | Reply More
Trump, Kim Sign ‘Very Comprehensive’ Pledge, But Details Scarce

Trump, Kim Sign ‘Very Comprehensive’ Pledge, But Details Scarce

The U.S. and North Korea agreed to seek complete denuclearization of the Korean peninsula following a historic summit between President Donald Trump and Kim Jong Un, yet the accord set no deadline and left the path to disarmament undefined. X Trump defended the two-page document he signed with Kim at the end of their meeting […]

June 12, 2018 | By | Reply More
Celgene Hammered, Again, On ‘Subpar’ Success In Developing Drugs

Celgene Hammered, Again, On ‘Subpar’ Success In Developing Drugs

Celgene (CELG) took another sell-side beating Friday after investment bank Leerink suggested its rate of drug-development success lags the industry average for biotech companies. X During a presentation Thursday, Celgene suggested that its success rate for internally sourced pipeline products is as good as, or marginally better than, industry peers, Leerink analyst Geoffrey Porges wrote […]

May 28, 2018 | By | Reply More