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Boeing door plug investigation stretches to new model
Proactive Investors· 2024-01-22 11:35
Boeing Co (NYSE:BA, ETR:BCO) is facing an investigation into another model of its aircraft which uses the same type of door plug that fell off a 737 Max 9 jet mid-flight earlier this month. A “safety alert” was issued early on Monday by the Federal Aviation Administration (FAA), calling on operators to inspect parts on their Boeing 737-900ER jets. These use the same door plug designs as those being investigated on the 737 Max 9, with carriers told to make sure parts are properly secured after some reported ...
Exxon sues activist investors over climate proposals
Proactive Investors· 2024-01-22 07:47
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has filed a court case against two of its investors in an attempt to block a climate proposal from reaching the company’s annual general meeting. Follow This and Arjuna Capital were sued by the oil giant in a Texas court on Sunday, after calling on Exxon to set targets for reducing carbon emissions. Exxon argued the investors were “driven by an extreme agenda” however, with the case marking the first time the oil firm has gone to court to block a shareholder motion. "Th ...
Manchester United a long-term growth opportunity despite mixed 1Q results
Proactive Investors· 2024-01-19 19:07
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team operates from key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] Group 2 - The company specializes in various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [2] - Proactive adopts technology to enhance workflows and improve content production [3] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [3]
Bitcoin ETF roundup: Fidelity and BlackRock join Grayscale in $1bn club
Proactive Investors· 2024-01-19 15:59
On the fifth day of bitcoin exchange-traded funds, the market gave to us, three funds with more than one billion dollars in assets under management out of the 11 that won regulatory approval for a stock market listing. Despite being slapped with more than $2.2 billion in net outflows, the Grayscale Bitcoin Fund (GBTC) remains the largest bitcoin ETF on the market by a significant margin with $23 billion in AUM. In second place is BlackRock Inc (NYSE:BLK)'s iShares Bitcoin trust (IBIT) with $1.2 billion in A ...
Beoeing to face FAA again after 747 engine malfunction
Proactive Investors· 2024-01-19 14:59
Shares in Boeing edged lower again after another plane built by the Virgina-based business hit mechanical problems. Boeing has been under a cloud for the past two weeks after a cabin door panel blew out of one of its new range of 737 Max 9s, prompting a new grounding for the jet. This latest incident occurred in an #Atlas Air Boeing 747-8 cargo plane, which made an emergency landing at Miami International Airport (MIA) on Thursday night following an engine malfunction. The incident occurred shortly after ta ...
Amazon expected to top estimates for 4Q on strong holiday sales
Proactive Investors· 2024-01-19 14:58
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Schlumberger beats on 4Q revenue and earnings on international growth
Proactive Investors· 2024-01-19 14:48
About this content About Stephen Gunnion Stephen Gunnion is a senior financial journalist and broadcaster at Proactive Investors. He has more than 25 years of experience in television, radio and print media, anchoring on a number of television channels including South Africa's Business Day TV, CNBC Africa and the South African Broadcasting Corporation, where he was the economics editor. He has also worked for Daily Maverick, Bloomberg, the Business Day newspaper and Investors' Chronicle. Read more About ...
Ford to slash F-150 Lightning production to match customer demand
Proactive Investors· 2024-01-19 13:49
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Pre-orders go live for Apple Vision Pro headset
Proactive Investors· 2024-01-19 13:22
Pre-orders are officially live for Apple Inc (NASDAQ:AAPL, ETR:APC)’s Vision Pro headset, meaning the consumer technology megacap will get its first taste of demand for the $3,500 augmented reality device. Much is riding Apple’s first major hardware release in nine years, which has come at a testing time for the Silicon Valley giant. Sluggish iPhone sales in China – Apple’s third-largest market – have weighed on Apple’s share price, although recently released data from the International Data Corporation (ID ...
Travelers shares jump on record 4Q earnings
Proactive Investors· 2024-01-19 13:11
Group 1 - Proactive Investors specializes in providing fast, accessible, and informative business and finance news content to a global investment audience [1][2] - The company focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2] - Proactive's news team delivers insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [2] Group 2 - Proactive is committed to adopting technology to enhance content creation and workflow efficiency [2] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [2]