Boeing Inks New Deal With SunExpress Worth Billions

While the market is trading flat, some major industrial companies are making big announcements today.

Feb 19, 2014 at 3:00PM

The Dow Jones Industrial Average (DJINDICES:^DJI) gave up its early gain today and was down 14 points by midafternoon as investors waited on minutes from the Federal Reserve's January meeting to be released. While the market historically trades cautiously before the release, there really shouldn't be anything surprising in the document. In other news, the number of new home starts dropped by 16% last month and building permits for future construction declined by 5.4%; both figures are worse than economists had expected. With those trends in mind, here are some companies making headlines today.

Sxd Max

737 MAX 8 Source: Boeing.

Boeing (NYSE:BA) announced today that SunExpress finalized an order for 15 737 MAX 8 aircraft and 25 next-generation 737-800 airplanes. The order would be valued at $3.8 billion, at list prices, and also includes a valuable option for 10 additional 737 MAX 8s. The order marks the largest in the Turkish carrier's nearly quarter century history.

"As an all-Boeing operator, SunExpress has built its quarter-century of success on the Next-Generation 737," said Todd Nelp, vice president of European sales, Boeing Commercial Airplanes, in a press release. "Today's record-order for additional Next-Generation 737s is testament to the value of these airplanes bring to SunExpress' fleet, while the purchase of the 737 MAX lays the foundation for the carrier's ambitious growth in the years ahead."

Boeing's 737 MAX is building on the success of its predecessor and delivers strong fuel efficiency, economics, and reliability, which has helped make the family of airplanes the market leader; the 737 MAX has reached a total of nearly 1,800 orders to date.

Images

Ford's 2015 F-150. Soruce: Ford.

In other manufacturing news, General Motors (NYSE:GM) is inching closer to producing a largely aluminum bodied pickup truck by late 2018. That might sound futuristic for those who don't follow the automotive industry closely; however, General Motors is actually following in the footsteps of cross-town rival Ford (NYSE:F), which will release an aluminum bodied 2015 F-150 later this year.

While Ford took a large risk coming to market first with its aluminum bodied model, it also stands to take a leap in fuel efficiency long before its largest truck-selling competitor. GM, on the other hand, will be late to the game but will have an opportunity to fix potential flaws in Ford's aluminum design. When speaking to reporters, here's what GM's product chief had to say about Ford's aluminum bodied F-150.

"I want to get my hands on it," Mark Reuss told reporters, according to Bloomberg. "I'm going to be looking at how much aluminum is in it. 'What are the panels? ... How are they constructed?' I'm going to look at what they advertise as the weight savings from it. Then I'm going to go back and do some math."

Make no mistake, this is a huge development for Detroit's two largest automakers. Full-size pickups are by far the highest volume selling models in America, as well as the most profitable. Ford's F-150 and GM's Chevy Silverado represent the quickest ways for each company to gain or lose market share, along with a huge chunk of company profit. If Ford designed a winner that takes a leap in fuel efficiency, it could tilt the important segment even more into its favor -- Ford's F-150 has already been the best-selling truck and overall vehicle for 37 years and 32 years, respectively.

Dividend stocks like Boeing, Ford, and GM, can make you rich. Here's 9 more solid dividend players.
One of the dirty secrets that few finance professionals will openly admit is the fact that dividend stocks as a group handily outperform their non-dividend paying brethren. The reasons for this are too numerous to list here, but you can rest assured that it's true. However, knowing this is only half the battle. The other half is identifying which dividend stocks in particular are the best. With this in mind, our top analysts put together a free list of nine high-yielding stocks that should be in every income investor's portfolio. To learn the identity of these stocks instantly and for free, all you have to do is click here now.

Daniel Miller owns shares of Ford and General Motors. The Motley Fool recommends Ford and General Motors. The Motley Fool owns shares of Ford. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

1 Key Step to Get Rich

Our mission at The Motley Fool is to help the world invest better. Whether that’s helping people overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we can help.

Feb 1, 2016 at 4:54PM

To be perfectly clear, this is not a get-rich action that my Foolish colleagues and I came up with. But we wouldn't argue with the approach.

A 2015 Business Insider article titled, "11 websites to bookmark if you want to get rich" rated The Motley Fool as the #1 place online to get smarter about investing.

"The Motley Fool aims to build a strong investment community, which it does by providing a variety of resources: the website, books, a newspaper column, a radio [show], and [newsletters]," wrote (the clearly insightful and talented) money reporter Kathleen Elkins. "This site has something for every type of investor, from basic lessons for beginners to investing commentary on mutual funds, stock sectors, and value for the more advanced."

Our mission at The Motley Fool is to help the world invest better, so it's nice to receive that kind of recognition. It lets us know we're doing our job.

Whether that's helping the entirely uninitiated overcome their fear of stocks all the way to offering clear and successful guidance on complicated-sounding options trades, we want to provide our readers with a boost to the next step on their journey to financial independence.

Articles and beyond

As Business Insider wrote, there are a number of resources available from the Fool for investors of all levels and styles.

In addition to the dozens of free articles we publish every day on our website, I want to highlight two must-see spots in your tour of fool.com.

For the beginning investor

Investing can seem like a Big Deal to those who have yet to buy their first stock. Many investment professionals try to infuse the conversation with jargon in order to deter individual investors from tackling it on their own (and to justify their often sky-high fees).

But the individual investor can beat the market. The real secret to investing is that it doesn't take tons of money, endless hours, or super-secret formulas that only experts possess.

That's why we created a best-selling guide that walks investors-to-be through everything they need to know to get started. And because we're so dedicated to our mission, we've made that available for free.

If you're just starting out (or want to help out someone who is), go to www.fool.com/beginners, drop in your email address, and you'll be able to instantly access the quick-read guide ... for free.

For the listener

Whether it's on the stationary exercise bike or during my daily commute, I spend a lot of time going nowhere. But I've found a way to make that time benefit me.

The Motley Fool offers five podcasts that I refer to as "binge-worthy financial information."

Motley Fool Money features a team of our analysts discussing the week's top business and investing stories, interviews, and an inside look at the stocks on our radar. It's also featured on several dozen radio stations across the country.

The hosts of Motley Fool Answers challenge the conventional wisdom on life's biggest financial issues to reveal what you really need to know to make smart money moves.

David Gardner, co-founder of The Motley Fool, is among the most respected and trusted sources on investing. And he's the host of Rule Breaker Investing, in which he shares his insights into today's most innovative and disruptive companies ... and how to profit from them.

Market Foolery is our daily look at stocks in the news, as well as the top business and investing stories.

And Industry Focus offers a deeper dive into a specific industry and the stories making headlines. Healthcare, technology, energy, consumer goods, and other industries take turns in the spotlight.

They're all informative, entertaining, and eminently listenable ... and I don't say that simply because the hosts all sit within a Nerf-gun shot of my desk. Rule Breaker Investing and Answers contain timeless advice, so you might want to go back to the beginning with those. The other three take their cues from the market, so you'll want to listen to the most recent first. All are available at www.fool.com/podcasts.

But wait, there's more

The book and the podcasts – both free ... both awesome – also come with an ongoing benefit. If you download the book, or if you enter your email address in the magical box at the podcasts page, you'll get ongoing market coverage sent straight to your inbox.

Investor Insights is valuable and enjoyable coverage of everything from macroeconomic events to investing strategies to our analyst's travels around the world to find the next big thing. Also free.

Get the book. Listen to a podcast. Sign up for Investor Insights. I'm not saying that any of those things will make you rich ... but Business Insider seems to think so.


Compare Brokers