Word: stockly
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...damage from the flying public staying at home has claimed another large victim - Boeing (BA), which only a year ago had business prospects that it would have been proud to set side-by-side with those of any other large American company. Boeing was an $87 stock last May. It trades for $39 today...
...Boeing's stock is going to fall a lot further, but not for the reasons that analysts had guessed. The impression among investors who follow Boeing is that boneheaded management had allowed poor labor relationships and a slowdown in the launching of the company's new 777 flagship, which has been set back by well over year, to undermine the tremendous demand for the firm's planes...
...bring down the world banking system with it. But some of that money appears to be financing damage control. Just how much, is the kind of question that publicly financed bodies are obligated to answer. When he was asked for AIG's p.r. tab, Ashooh gave a stock corporate response: "Contracts are proprietary...
...fresh spending was unveiled just as a few glints of light broke through the gloom engulfing Japan after months of dismal economic data. Following news on Thursday that employment and cash flow measures would be included in the package, the Nikkei stock index broke 9,000 points for the first time since January and machinery orders, an indication of how much companies are investing, exceeded expectations with a rise of 1.4% over the previous month...
...robust 16% annual rate. The Purchasing Managers Index, an indicator of the health of the manufacturing sector, rebounded into positive territory in March after falling for months, indicating that industrial output may be expanding again. Home sales are also showing signs of recovery, as is lending. Even the stock market, which had plunged by some two-thirds from its peak in 2007, has clawed back 25% in the last few months. (See pictures of China's investment in Africa...