Boeing Company (NYSE:BA) on 13 June announced that China Eastern Airlines has committed to purchase 80 Boeing 737s, including Next-Generation 737 and 737 MAX aircraft. When finalised, the order will become China’s largest-ever purchase by an airline for single-aisle airplanes, worth more than USD8 billion at current list prices. The Boeing Company (NYSE:BA) net profit margin is 5.00% and weekly performance is -4.31%. On last trading day company shares ended up $132.29. Analysts mean target price for the company is $153.91. The Boeing Company (NYSE:BA) distance from 50-day simple moving average (SMA50) is 1.56%.
United Technologies Corp.’s (NYSE:UTX) Board of Directors declared, effective July 7, a dividend of 59 cents per common share payable September 10 to shareowners of record at the close of business August 15. The ex-dividend date is August 13.United Technologies Corporation (NYSE:UTX) shares fell -0.05% in last trading session and ended the day on $116.79. UTX gross Margin is 27.80% and its return on assets is 6.30%.United Technologies Corporation (NYSE:UTX) quarterly performance is 4.24%.
B/E Aerospace Inc. (NASDAQ:BEAV) was downgraded by equities research analysts at Canaccord Genuity from a “buy” rating to a “hold” rating in a research note issued to investors on Wednesday, TheFlyOnTheWall.com reports. They currently have a $98.00 price target on the stock, down from their previous price target of $100.00. Canaccord Genuity’s price objective indicates a potential upside of 5.77% from the stock’s previous close. B/E Aerospace Inc. (NASDAQ:BEAV) shares moved down -0.28% in last trading session and was closed at $92.39, while trading in range of $92.24 – $93.41. B/E Aerospace Inc. (NASDAQ:BEAV) year to date (YTD) performance is 6.16%.
In a company-funded R&D initiative, Raytheon Company (NYSE:RTN) successfully fired the dual-mode GPS- and laser-guided Excalibur S for the first time. Although the Excalibur S was initialized with a GPS target location, it scored a direct hit on a different, or offset, target after being terminally guided with a laser designator. Raytheon Company (NYSE:RTN) ended the last trading day at $96.59. Company weekly volatility is calculated as 1.71% and price to cash ratio as 6.67.Raytheon Company (NYSE:RTN) showed a negative weekly performance of -2.22%.
Members of IAM ratified a revised five-year agreement with L-3 Communications Holdings, Inc. (NYSE:LLL) Army Fleet Support LLC in Fort Rucker, Ala., covering 2,924 helicopter maintenance, training, and service personnel. Terms of the pact include a 2 percent annual wage increase, annual increases in employer pension contributions, and slight increases in employee health care premiums over the life of the contract. L-3 Communications Holdings, Inc. (NYSE:LLL) net profit margin is 6.20% and weekly performance is -0.02%. On last trading day company shares ended up $125.56. Analysts mean target price for the company is $128.33. L-3 Communications Holdings, Inc. (NYSE:LLL) distance from 50-day simple moving average (SMA50) is 6.88%.