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Why rtx stock is falling today

RTX said it will take a massive charge due to a previously disclosed problem with one of its mainstay aircraft engines. The company said hundreds of <...

September 11, 2023, 11:49 am

Rtx stock falls on $3bn warning as airbus engine problem is worked on

Shares in RTX Corp (Raytheon Technologies Corp (NYSE:RTX)), the aerospace engineer formerly known as Raytheon, tumbled more than 6% in Monday's early ...

September 11, 2023, 10:03 am

Mtu sees 1 bln euro hit in 2023 amid pratt & whitney turbofan inspection

German aircraft engine maker MTU Aero engines said on Monday an expanded inspection of Pratt & Whitney'...

September 11, 2023, 9:30 am

Rtx to take $3 billion charge on pratt & whitney engine problem

The issue is forcing inspections on hundreds of Pratt & Whitney GTF engines ahead of schedule....

September 11, 2023, 8:46 am

Rtx to take $3 billion charge, cut its sales outlook as a result of ‘powder metal' condition

Shares of RTX Corp. RTX, -1.01%, formerly known as Raytheon Technologies, sank 4.4% toward a near two-year low in premarket trading Monday, after the ...

September 11, 2023, 7:31 am

Rtx expects $3 bln hit in q3 from pratt & whitney gtf engine issues

Aerospace supplier RTX said on Monday it would take a nearly $3 billion pre-tax charge in the third quarter due to quality issues with its Pratt & Whi...

September 11, 2023, 7:20 am

In a historic first, rocket lab reuses a rocket engine

In August, Rocket Lab successfully launched a rocket equipped with eight new engines and one reused one...

September 10, 2023, 7:07 am

Biden and modi to make progress on ge jet engines, nuclear - white house

The White House expects to see meaningful progress on GE jet engines and civil nuclear technology in up...

September 7, 2023, 7:26 pm

Sintered steel market to expand from usd 25.1 billion in 2023 to usd 35.2 billion by 2032, with a cagr of 4.30% between 2023 and 2032 – report by market research future (mrfr)

Sintered Steel Market Research Report Information Steel Type (Stainless Steel, Carbon Steel, Alloy Steel and Tool Steel), by Process (Metal Injection ...

September 6, 2023, 10:41 am

Aircraft lessor aercap settles russia aeroflot claim for $645 million

Aircraft lessor AerCap on Wednesday said it had agreed a $645 million settlement with Russian state state-controlled airline Aeroflot regarding 17 air...

September 6, 2023, 4:46 am

Broadcom: silicon to software

Hyperscale spending on generative artificial intelligence is driving significant growth in the technology industry. Companies like Broadcom Inc. ( AVG...

September 5, 2023, 3:17 pm

Stellantis says 24 of its engine types can run on e-fuels

Tests by automaker Stellantis show that 24 types of internal combustion engines in European vehicles pr...

September 5, 2023, 11:36 am

Uber: dual growth engines and now profitable

Uber Technologies Inc. ( UBER , Financial) is known for its market-leading ride hailing business and its recently successful UberEats food delivery se...

September 5, 2023, 10:43 am

Softbank: a reliable dividend yielder with compelling new growth engines

SoftBank Corp. delivered another strong quarter overall. Complementing resilience on the telco side was solid progress on key growth initiatives. The ...

September 1, 2023, 7:50 am

Why general electric is one of the best aerospace plays on the market

General Electric is a top-tier supplier with pricing power in the aerospace industry, benefiting from robust demand for advanced engines. The company'...

August 27, 2023, 3:14 am

Mesa air group: unattractive or speculative buy?

Mesa Air Group has experienced a significant decline in stock value due to continued pilot shortages and a transition period. The company is still los...

August 22, 2023, 1:45 pm

Rtx: the situation is not ideal, but there's still a lot to admire

RTX Corporation's stock has declined by 15% this year, underperforming its A&D peers and the broader market. The selling was triggered by negative com...

August 17, 2023, 10:30 am

Power solutions international announces second quarter 2023 financial results

Gross Profit increased by 47%, EPS increased $0.22 or $0.28 for the Quarter,Operating Cash Flows increased $34.4 million; Debt decreased $20.7 million...

August 14, 2023, 8:27 pm

Us airlines scramble to avoid cancellations after massive recall of 1,200 jet engines

JetBlue, Spirit, and Hawaiian are among the companies that are shifting ground crew and changing flight schedules after last month's recall....

August 14, 2023, 11:13 am

Opinion: 5 reasons why small business owners should benefit from sba changes

Small business owners have long been our country’s engines of economic development, but they need acc...

August 11, 2023, 7:29 pm


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