The Boeing Company (NYSE:BA)’s chief executive on Wednesday shrugged off the latest currency turmoil in emerging markets, whose airlines dominate the bulging order backlogs of the U.S. plane maker and rival Airbus Group NV. The Boeing Company (NYSE:BA) stock opened today at $131.70 and is currently trading at $129.97. The stock showed a negative weekly performance of -10.11%.
Sterne Agee downgraded Triumph Group Inc (NYSE:TGI) based on weak organic growth, poor execution, and little upside from FY16 guidance. Price target lowered to $71 from $85. Triumph Group Inc (NYSE:TGI) stock opened at $67.66, in current trading session and currently is at $68.30, by losing -0.15%. The 52 week range of $62.35 – $85.50. Company’s market capitalization is $3.58 billion.
TheStreet Ratings team rates Astrotech Corp (NASDAQ:ASTC) as a Hold with a ratings score of C-. Astrotech Corp (NASDAQ:ASTC) stock is open at $3.63 and currently trading at $3.44. The EPS of the stock is 0.13. Company’s market capitalization is $67.06 billion.
Atlanta based Delta Air Lines, Inc.(NYSE:DAL) which operates daily flights to Lagos, posted a strong profit for the year 2013, surpassing its forecast. The mega airline’s profit for the year came to $2.7 billion, excluding a one-time accounting gain related to taxes and other items. The figures were $1.1 billion better than 2012 results, according to the company. The 2013 figure however included a fourth quarter profit of $558 million. The profit, according to the airline, was driven by both increases in operating revenue and strong cost discipline by the carrier. Delta Air Lines, Inc.(NYSE:DAL) stock opened the session at $30.45, and now is at $30.66. The 52 week range of the DAL stock remained $13.16 – $32.92 and the day range was $30.28 – $30.80.
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