Top analyst Stephen Tusa, who called GE's decline, has a favorite stock in the industrial space
The top industrials analyst on Wall Street said on CNBC's "Halftime Report" that he likes United Technologies' upside from here.
The top industrials analyst on Wall Street said on CNBC's "Halftime Report" that he likes United Technologies' upside from here.
Four days after leaked internal pilot messages set off a media firestorm for Boeing Co., former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes.
S&P Global Ratings lowered its outlook for Boeing Co to "negative" from "stable" on Tuesday, after reports that the planemaker may have misled the U.S. Federal Aviation Administration about problems with the anti-stall software on its grounded 737 MAX jet.
The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe.
Lockheed Martin Corp raised its estimate for 2019 earnings on Tuesday as quarterly profit climbed 9.2% amid improved sales of its F-35 fighter jets, but it forecast a lower cash flow for next year and shares dipped in afternoon trading.
Facebook Chief Executive Mark Zuckerberg plans to acknowledge before Congress that Facebook is not the "ideal messenger" for its Libra cryptocurrency project, given ongoing criticism of the company.
Air New Zealand Ltd said on Wednesday it will launch a non-stop flight service between Auckland and New York in October 2020, in a bid to take advantage of strong visitor growth from North America.
Fiat Chrysler will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros ($56 million), the carmaker said on Tuesday.
Spain's High Court will investigate allegations that Russian tycoon Mikhail Fridman acted to depress the share price of DIA when trying to take control of the supermarket chain, a court document seen by Reuters showed.
Some of the largest and most well-known companies in the U.S. reported earnings on Tuesday that fell short of expectations.
U.S. Treasury Secretary Steven Mnuchin and presidential adviser Jared Kushner will lead Washington's delegation to an annual financial conference in Saudi Arabia, government sources said on Tuesday.
United Technologies believes Boeing will still make 737 MAX planes at its current rate for the rest of 2019, Chief Financial Officer Akhil Johri said on Tuesday, allaying some fears of a complete halt in production.
United Parcel Service Inc's e-commerce fueled quarterly profit beat on Tuesday was overshadowed by news that Jim Barber, widely viewed as the world's biggest parcel delivery firm's next leader, would retire at year-end.
McDonald's Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up service weighed on the world's biggest fast food chain, sending its shares down 4%.
Stocks on world markets declined, with the S&P 500 turning lower, and the pound weakened on Tuesday after British lawmakers rejected the government's proposed timetable for passing legislation to ratify a deal over Britain's exit from the European Union.