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Boeing Co (NYSE: BA) shares traded higher by 3.4% on Tuesday after the Federal Aviation Administration released an update on the grounded 737 Max suggesting the jet could be cleared for takeoff in the fourth quarter, a later return date than Boeing has been anticipating.A flurry of large Boeing option trades were mixed in nature as investors struggle to determine just how much upside the stock has in a post-coronavirus world.The Boeing Trades: On Tuesday morning, Benzinga Pro subscribers received 26 option alerts related to unusually large trades of Boeing options. Here are a handful of the biggest: * At 10:22 a.m., a trader bought 1,000 Boeing call options with a $180 strike price expiring on Aug. 21 at the ask price of $14. The trade represented a $1.4 million bullish bet. * At 10:25 a.m., a trader bought another 988 Boeing call options with a $180 strike price expiring on...
TForce Logistics recently combined its final mile businesses in both the U.S. and Canada into a single company under the TForce Logistics name. ...
On Tuesday, the House Energy and Commerce subcommittee held a hearing with Pharma companies on their efforts to develop coronavirus vaccines. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round....
Novavax, Inc. (NASDAQ: NVAX) shares headed higher Tuesday, reversing Monday's losses.What Happened? Presenting at the 2nd International Society for Vaccines Virtual Congress, Gregory Glenn, President of R&D at Novavax suggested clinical trial results will include both antibody and T-cell responses from the study of NVX-CoV2373, its vaccine candidate against SARS-CoV-2, the virus that causes COVID-19 disease, Evaluate reported.The company is testing 5mcg and 25mcg doses in an early-stage study, and the 5mcg dose is likely to be the clinical dose which is to be evaluated in future studies, Bloomberg Law reported.Novavax's announcement Monday regarding the presentation had raised expectations that the interim Phase 1/2 data, scheduled for July, could be released.Although the company confirmed the timeline for the readout in the presentation, it merely discussed preclinical data related to NVX CoV2373.Related Link: 5 Coronavirus Stock Valuations Surging During The PandemicWhat Next? With the frontrunners in the coronavirus race, including Moderna Inc...
Tesla's stock was down 3% in afternoon trading, eroding a recent rally that has elevated the company's market capitalization to almost $300 billion, larger than any other carmaker. Despite Tuesday's stock dip, and importantly for Musk's personal finances, Tesla’s six-month average market capitalization for the first time has reached $150 billion....
Yahoo Finance's Emily McCormick discusses why Tesla is getting downgraded at JMP a day before the company's earnings results with Akiko Fujita....
Ford and RTR teamed up to bring the Mustang Mach-E prototype to life. The car has seven motors and can generate 1,400 horsepower....
