Boeing (NYSE:BA) CFO: expects 737 deliveries to slip to the low end of the 20-30 range in February. Production of the 737 will be increased to 38 per month by the end of the year. Maintain the expected delivery of 737 aircraft this year at 400-450 aircraft.
President Joe Biden will announce an agreement between Boeing and Air India to purchase 190 737 MAX series aircraft, 20 787 family aircraft and 10 777X series aircraft, a Boeing Co (NYSE:BA) White House official said.
Boeing (NYSE:BA): January 2023 delivery of 38 aircraft, including 35 737 Max。
Boeing (NYSE:BA): January 2023 delivery of 38 aircraft, including 35 737 Max Read Post »
Boeing (NYSE:BA): As of January 2023, Boeing Commercial Aircraft (BCA) has total orders of 55 aircraft and net orders of 45 aircraft.
Barclays analyst Alexia Dogani said in a research report that the rating of ZIM Integrated Shipping Services (NYSE:ZIM) was downgraded from “flat with the broader market” to “underweight”, and the target price was lowered from $26.50 to $15, and global shipping is expected to have a downward cycle in 2023-24. The analyst said it believes the container shipping industry will enter a period of “severe oversupply” in 2023-24, with capacity capacity expected to grow at an annual rate of 10 per cent, while market demand will remain at -3 per cent compared to 2019.
Boeing President Salil Gupte said on Monday that the company plans to invest about $24 million to build a commercial aircraft logistics center in India to speed up the supply of spare parts to domestic airlines. Salil Gupte said the center will increase aircraft availability and reduce flight cancellations or groundings due to maintenance issues, as airlines will be able to get parts faster.
Boeing: Establishment of new logistics center to accelerate parts supply to Air India Read Post »
D.A. Davidson analyst Christopher Brendler lowered Affirm Holdings(Nasdaq:AFRM) price target to $20 from $24, but maintained a buy rating on the stock. The analyst told investors in a research note that the company’s second-quarter results were disappointing overall, but remained bullish on Affirm’s pricing moves to improve its top-line trend in the second half of the year. He further noted that the improvement in credit quality is “a big plus to secure funding,” while predicting that the company will be a “long-term winner” in the pay-as-you-go space.
Morgan Stanley Downgraded Affirm Holdings(Nasdaq:AFRM) From Overweight to Equal-Weight and Lowered Its Price Target From $46 to $15.
Morgan Stanley:Lowered Affirm Holdings(Nasdaq:AFRM) Price Target From $46 to $15 Read Post »
Affirm Holdings (Nasdaq:AFRM) released its fiscal 2023 Q2 financial report, with cumulative revenue of $761 million in the first six months of fiscal 2023, compared to $630 million in the same period last year, an increase of 20.75% year-on-year. The cumulative net loss in the first six months of fiscal 2023 was US$574 million, compared to a cumulative net loss of US$466 million in the same period last year, an increase of 23.02% year-on-year. Affirm now expects fiscal 2023 revenue of $1.475 billion to $1.550 billion, compared to its previous expectation of $1.6 billion to $1.675 billion and the consensus expectation of $1.64 billion. The company expects gross merchandise trading (GMV) of $19 billion to $20 billion, compared with its previous forecast of $20.1 billion to $21.5 billion.
Credit Suisse: Upgraded Lockheed Martin (NYSE:LMT) rating to outperform, raising its price target to $510 from $427.
Credit Suisse: raising Lockheed Martin (NYSE:LMT) price target to $510 from $427 Read Post »
Deutsche Bank: Lowered its price target on Honeywell (NASDAQ:HON) to $235 from $242。
Deutsche Bank: Lowered its price target on Honeywell (NASDAQ:HON) to $235 from $242 Read Post »
Credit Suisse: Raised United Parcel Service, Inc. (NYSE:UPS) price target to $213 from $210
Credit Suisse: Raised United Parcel Service’s (NYSE:UPS) price target to $213 from $210 Read Post »