Southwest Airlines orders 40 Boeing 737 MAX jets worth $4.68 billion

Boeing (BA) Confirms Acquisition of KLX Inc. for Approx. $3.2B

Boeing [NYSE: BA] announced today it has entered a definitive agreement to acquire KLX Inc. [NASDAQ: KLXI] to enhance its growing services business. The agreement comprises an all-cash transaction for $63 per share and the assumption of approximately $1.0 billion of net debt, totaling $4.25 billion.

Boeing's acquisition of KLX Inc. will include KLX Inc.'s Aerospace Solutions Group, and is conditional upon the successful divestment and separation of KLX Inc.'s Energy Services Group.

KLX Inc. is a major independent provider of aviation parts and services in the aerospace industry. Its capabilities include global parts distribution and supply chain... More

Boeing (BA) Declares $1.71 Quarterly Dividend; 2.1% Yield

Boeing (NYSE: BA) declared a quarterly dividend of $1.71 per share, or $6.84 annualized.

The dividend will be payable on June 1, 2018, to stockholders of record on May 11, 2018, with an ex-dividend date of May 10, 2018.

The annual yield on the dividend is 2.1 percent.

For a... More

Southwest (LUV) PT Lowered to $71 at Deutsche Bank; 2H Improving Top-Line

Deutsche Bank lowered its price target on Southwest (NYSE: LUV) to $71.00 (from $75.00) while maintaining a Buy rating.

Analyst Michael Linenberg commented, "Southwests Mar Q results were essentially in-line on recently reduced expectations (flat RASM forecast vs. initial RASM guide of +1% to... More

Southwest (LUV) PT Lowered to $68 at Imperial Capital Following 1Q

Imperial Capital lowered its price target on Southwest (NYSE: LUV) to $68.00 (from $75.00) while maintaining a Outperform rating following the company's 1Q. In its earnings release on 4/26/18, LUV indicated 2Q18 RASM is expected decline 1-3%, including a 1-2% impact from the recent accident.

Management... More