Boeing earnings Q3 2018 give blowout results

Shares of Dow component Boeing rose 3 percent Wednesday after the company reported strong third-quarter earnings on the back of a robust defense business and more efficient commercial aircraft production. The company also raised its 2018 earnings forecast, in what looks to be a record year for revenue. The aerospace giant reported adjusted earnings of … Read more

Lockheed Martin shares rise after Goldman Sachs upgrades the stock

Lockheed Martin shares jumped Wednesday after Goldman Sachs upgraded the stock to buy from neutral and added it to the firm’s so-called conviction list of favorite calls. The stock was up 2 percent in premarket trading Wednesday following Goldman’s note to clients. — TRENDING NOW— He predicted Dow 20,000, the dot-com crash, and the housing … Read more

Expect huge iPhone ASP when Apple reports Q4 earnings, analyst says

Tim Cook, CEO of Apple, smiles during a demonstration of the newly released Apple products following the launch event at the Steve Jobs Theater in Cupertino, California, September 12, 2018. Apple is likely to post a huge jump in average selling price (ASP) for the iPhone when it reports fourth quarter earnings next week, according … Read more

Buy Tesla, says JMP ahead of earnings

JMP Securities gave Tesla shares a new outperform rating on Wednesday, citing the automaker’s collection of top talent and competition that continues to lag behind Elon Musk’s electric car manufacturer. — TRENDING NOW— He predicted Dow 20,000, the dot-com crash, and the housing bubble. Dr. Steve Sjuggerud will be staging a massive online event on … Read more