The S&P500 (SP500) closed in the green on Friday, after an eventful week that saw the arrival of fresh economic data supporting the easing of monetary policy. Besides focusing on the Fed’s monetary policy committee meeting, market participants also digested comments from Fed chair Jerome Powell. For the week, theContinue Reading
London, UK, July 6th, 2024, Chainwire DogeLend, a newly launched ERC20 token, aims to capture the viral appeal of while offering a unique twist. This press release provides news on DogeLend’s concept, market positioning, and strategic plans. The Rise of Dogecoin and Meme Coins Dogecoin, originally created by Billy MarkusContinue Reading
Robert Way/iStock Editorial via Getty Images Shares of Spirit Airlines (NYSE:SAVE) and Frontier Group Holdings (NASDAQ:ULCC) are both trading with a loss ~2% in premarket trading following a downgrade to both carriers from Raymond James as weaker fare trends and insufficient post summer capacity adjustments remains a medium-term risk forContinue Reading
GordZam/iStock Editorial via Getty Images Boeing (NYSE:BA) agreed to acquire Spirit AeroSystems (NYSE:SPR) for $37.25 a share in an all-stock deal that had been expected for several months, the companies announced on Monday. Analysts at Wall Street banks offered opinions on what the deal could mean for Boeing (BA) asContinue Reading
The National Transportation Safety Board is investigating the blowout incident, and will hold an investigative hearing on August 6-7. Separately, the U.S. Department of Justice is urging Boeing (BA) to plead guilty to a criminal charge after finding the aviation giant violated a settlement over fatal 737 Max crashes inContinue Reading
JHVEPhoto Spirit AeroSystems (NYSE:SPR) on Tuesday fells as much as 7.8% in premarket trading following a news report that Boeing (NYSE:BA) switched its proposed funding from an all-cash offer to a deal funded mostly by stock that values the key supplier at about $35 a share. Bloomberg News first reportedContinue Reading
JHVEPhoto Boeing (NYSE:BA) has offered to acquire Spirit Aerosystems (NYSE:SPR) in a mainly stock deal that values the supplier at about $35 a share. Boeing (BA) was closing in on an all-cash deal for fuselage maker Spirit (SPR) over the weekend, when Boeing switched to an offer that consisted mainlyContinue Reading
