air

United Technologies to buy Rockwell Collins in a $30 Billion Deal

United Technologies to buy Rockwell Collins in a $30 Billion Deal

United Technologies Corporation (NYSE: UTX) on Monday announced to buy aircraft parts manufacturer Rockwell Collins, Inc. (NYSE: COL) for $30 billion.Under the deal, United Technologies will pay $140 per share in cash and stock for Rockwell sharehol..

Pure Storage reports Q2 earnings; shares up 14%

Pure Storage reports Q2 earnings; shares up 14%

Pure Storage Inc. (NYSE: PSTG) reported its second quarter earnings and beat estimates in both earnings and revenue.The storage company reported revenue of $224.5 million, 38 percent increase year over year, and beating the company’s previous ..

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

Delta Air Lines Announced Worse-than-Expected Financial Results for the Second Quarter

On Thursday, the Atlanta, GA based Delta Air Lines, Inc. (NYSE: DAL) announced its financial results for the June quarter 2017, with both earnings and revenues missing estimates.According to the company, operating revenue increased 3.3% to $10,791 m..

Boeing to Layoff Workers at North Charleston Plant

Boeing to Layoff Workers at North Charleston Plant

Boeing Co. (NYSE: BA) announced that the North Charleston plant will be cutting its workforce. The airplane manufacturer be cutting “fewer than 200 people” at the 787 Dreamliner campus and other facilities in the city, according to ..

Good Period Ahead For Airlines

Good Period Ahead For Airlines

The market seems to be upbeat about the airlines segment and this is showing in the stock prices of major players in this sector. All the four top airlines have recorded some heartening improvements in stock prices in the recent times. The benefits ..

Boeing Wins Endorsement from United Continental

Boeing Wins Endorsement from United Continental

Boeing Co (NYSE: BA) won an endorsement from United Continental Holdings Inc. (NYSE: UAL) for their latest model of the very popular 737 jet. The endorsement raised the previous 20 year industry demand forecast despite recent sig..