Boeing to Issue Supply Contracts and 1 Dow Mover Making Rounds
The Boeing Company (NYSE:BA) reports that it expects that Honeywell International (NYSE:HON) and Rockwell Collins (NYSE:COL) should receive major contracts to provide systems to its updated 737 Max jetliner, say sources to the Wall Street Journal.
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Chevron Corporation (NYSE:CVX): Oil traded at almost the highest level in more than a week following the Israeli attack on the Gaza Strip, due to worries that Middle East unrest would hamper supply, says Bloomberg. Meanwhile, a report indicated that domestic stockpiles rose to the highest levels since July. The contract increased by 94 cents, or 1.1 percent, to $86.32 on Wednesday, which marks the highest settlement since November 6th. Thus far in the year, prices have fallen 13 percent.
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