Stock News

Dow Sacrifices Early Gains on Soft Housing Data, Central Bankers

Dow Sacrifices Early Gains on Soft Housing Data, Central Bankers

Weighed by soft housing market data and remarks from the world’s most important central bankers, the Dow Jones Industrial Average unravelled its early gains and is struggling to snap a six-day losing streak. The S&P 500 is clinging to a slim gain while the Nasdaq set another record high on […]

Deere & Co. Files Patent Infringement Case Against AGCO

Deere & Co. Files Patent Infringement Case Against AGCO

Deere & Co. (DE) is suing rival AGCO Corp. (AGCO) over gadgets such as seed meters and hoppers that attach to planting machines, according to Bloomberg. Shares of AGCO traded almost 1% higher intraday. In a June 1 filing to the federal court in Wilmington, Delaware, Deere was cited as […]

Brunswick Boat Sales Picking Up With ‘Optimistic’ June Outlook

Brunswick Boat Sales Picking Up With ‘Optimistic’ June Outlook

Preliminary boat sales data for May was disappointing, but Wedbush Securities said their own checks with dealers show Brunswick (BC) looks to have outperformed in many of its segments heading into the key month of June. Citing data from Statistical Surveys Inc., or SSI, Wedbush said in a note Wednesday […]

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Boeing Co.’s Marketing VP Confident New Mid-Market Jet Can Enter Service by 2025

A senior Boeing Co. (BA) executive said Wednesday he was confident of a new aircraft – a hybrid jet combining a wide cabin and a restricted cargo space – with the potential to carve out new routes would be ready to enter service in 2025, but stressed the company would […]