Industrial Goods: GE Capital Aviation Services Finalizes Deal with Boeing
The Boeing Company (BA) and GE Capital Aviation Services, or GECAS, the commercial aircraft leasing and financing wing of General Electric Company (GE), finalized a company booking for 85 737s, which comprises of 75 737 MAX 8s and 10 Next-Generation 737-800s. The order permits name for almost 15 further 737-800s. The booking was worth $6 billion at list prices.
The Boeing Company (NYSE:BA) grew 0.11% and closed at $69.94 with the total traded volume of 2.82 million shares. Stock’s 52 weeks high price was $77.83 and 52 weeks low price was $58.65.
BA has outstanding shares of 751.80 million with the total market capitalization of $52.58 billion.
Raytheon Company (RTN) declared that it would be a Diamond Sponsor of the Air Force Association’s (AFA) CyberPatriot National High School Cyber Defense Competition.
The sponsorship is linked with Raytheon’s broader attempts to create awareness of cybersecurity problems and support cyber resilience as a significant part of our nation’s defense and security.
Raytheon Company (NYSE:RTN) moved up 0.62% with the closing price of $55.32. The overall volume in the last trading session was 2.33 million shares. Its fifty two week range was $39.61-$58.68.
RTN is ahead of its 52 week low with 48.26% and its last month’s price volatility remained 1.29%. Its beta coefficient was 0.71 with a target price of $55.63. In its share capital RTN has 332.02 million outstanding shares while 330.91 million shares have been floated in market.
General Electric Company (NYSE:GE) has almost 62,000 front load washers after over a dozen reports indicating faulty appliances, the US Consumer Product Safety Commission reported on Wednesday.
In last trading session, General Electric Company (NYSE:GE) surged 0.17% to close at $22.95 and its total volume during last trading session was 40.35 million shares. Its opening price was $22.95 and its shares hit the day high price of $23.05 and day low of $22.77.