General Electric stock was up 4.5% Tuesday after reporting first-quarter results, as its better-than-expected free cash flow performance spurred investors to bid up the shares.
But even if GE stock doesn’t benefit from today’s results and earnings call, Boeing stock might instead. That’s because it got a vote of confidence from the industrial conglomerate, which is also one of its key suppliers. What’s new. “The bottom line is that free cash flow in the quarter was better than expected,” CFO Jamie Miller told Barron’s in a phone interview, adding, “some of that will reverse in coming quarters.” Miller reiterated GE’s full-year cash flow expectation.
Still, one bearish analyst, JP Morgan’s Steven Tusa, was surprised by the results. Tusa recently downgraded GE stock again and has a Street-low $5 price target. He hasn’t changed the target price yet after these results either.
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Boeing's stock swings higher after Q1 results, which include $1 billion increased cost for 737 businessBoeing Co.'s commercial airplanes business suffered first-quarter declines in profit, revenue and margin in the wake of groundings of its 737 MAX planes... $BA is not a stock which could grow.. Beautiful! 'Boeing's stock has gained 4.4% over the past three months through Tuesday, while the Dow Jones Industrial AverageDJIA+0.55% has gained 8.6%...'
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »
Traders Brace for Big Moves After GE Earnings This WeekOptions traders are betting on an explosive move in General Electric shares after its earnings on Tuesday, a sign that turbulence in the battered stock may not be over. 📉 this company can’t do anything right
แหล่ง: WSJ - 🏆 98. / 63 อ่านเพิ่มเติม »
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แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »
Dow futures stage cautious rise ahead of Boeing, Caterpillar earningsStocks on Wednesday are set to trade flat to slightly higher, a day after the S&P 500 and Nasdaq carved out their first records in months, underscoring a rebound for stocks since an ugly decline in the last three months of 2018.
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Facebook earnings; Boeing crisis; Tesla's wild rideCNN's davebriggstv has today's top business headlines before the opening bell on Wall Street davebriggstv davebriggstv Buy. davebriggstv Cnn came in 15th place last week. You know why? They hate the president more then they love this country. They are the EnemyOfThePeople.
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Stocks struggle for altitude as investors parse Boeing, Caterpillar earningsStocks on Wednesday trade mixed, a day after the S&P 500 and Nasdaq carved out their first records in months, underscoring a rebound for stocks since an...
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Boeing earnings and the 737 Max: The cash cow that is giving investors nothing right nowBoeing earnings were in line with expectations, but until questions about the 737 Max resumption of deliveries are answered, investors won't be able to get a handle on the full-year earnings picture. FlexSharesETFs You misspelled Crash Cow. FlexSharesETFs You know they will fix it, right? FlexSharesETFs F
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