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Boeing shares hit a fresh all-time high on Tuesday, company delivers 763 jetliners in 2017, likely to outperform rival Airbus

January 10, 2018 9:01 am
According to a statement by Boeing Company (BA) on Tuesday, 763 jetliners were delivered during the past year, which would likely be enough for the company to retain its leading position in plane manufacturing. Boeing shares closed higher for a third consecutive trading session on Tuesday. The stock went up 2.67% ($8.28) to $318.43, after […] Read more

Caterpillar shares hit a fresh all-time high on Monday as JP Morgan upgrades the stock to “Overweight”, raises price target

January 9, 2018 10:23 am
JP Morgan reportedly upgraded Caterpillar from “Neutral” to “Overweight” and revised up its price target for the stock to $200 from $144 previously, citing a positive impact from the largest overhaul of the United States’ tax system in three decades. Caterpillar shares closed higher for a fourth consecutive trading session on Monday. It has also […] Read more

Tesla shares fall for a second session in a row on Thursday, production delay of company’s Model 3 puts cash flow in focus

January 5, 2018 10:52 am
Shares of Tesla Inc (TSLA) hit lows unseen in a month during Thursdays trade, one day after the company once again pushed back its production objective for the keenly-anticipated Model 3 sedan. Analysts remained optimistic, while saying that an achievable objective had finally been set by Tesla. Investors, on the other hand, will probably focus […] Read more