The Boeing Company (NYSE:BA) and Saudi Arabian Airlines Holding Co. (Saudia) signed a broad collaboration agreement allowing the companies to pursue possible partnership opportunities in the areas of defense and commercial aviation that will benefit customers and generate new business in the Kingdom of Saudi Arabia. The Boeing Company (NYSE:BA) stock opened at $121.00 in last trading session, and closed at $121.40, trading in the range of $118.77 – $121.94. The stock showed a negative weekly performance of -6.46%.
Lockheed Martin Corp. (NYSE:LMT) VP Christopher Gregoire sold 11,784 shares of the company’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $149.97, for a total value of $1,767,246.48. Lockheed Martin Corporation (NYSE:LMT) shares closed at $150.39 on last trade day, by gaining 1.49%. Stock 52 week range is $85.88 – $158.43. Company’s market capitalization is $47.97 billion.
United Continental Holdings (NYSE:UAL) was upgraded by investment analysts at JPMorgan Chase & Co. from an “underweight” rating to a “neutral” rating in a note issued to investors on Friday, TheFlyOnTheWall.com reports. The firm currently has a $53.50 price target on the stock, up from their previous price target of $40.50. JPMorgan Chase & Co.’s target price suggests a potential upside of 22.09% from the company’s current price. United Continental Holdings Inc (NYSE:UAL) stock decreased -0.82% and finished the last session at $43.61. The EPS of the stock remained 1.46. Company’s market capitalization is $15.78 billion.
Delta Air Lines, Inc. (NYSE:DAL) said on Tuesday that a key measure of revenue rose 5 percent in January, as domestic demand and revenue from corporate travelers rose. Winter storms forced Delta to cancel almost 4,000 flights, mostly in Atlanta, its biggest hub. The cancellations actually boosted its per-seat revenue figure, because the money from the remaining passengers was spread over fewer seats. Delta Air Lines, Inc. (NYSE:DAL) stock opened at $29.66 in last trading session and closed at $30.02. The 52 week range of the stock is $13.16 – $32.92 and the day range was $29.12 – $30.10.
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