Penske Offers Special Fleet Lease Offer

Boeing negotiation for Embraer's commercial division 'no longer helpful': CEO

Boeing, which is working to bring its 737 MAX jet back into service after two fatal crashes, canceled the $4.2 billion deal for the Brazilian company's regional jet division over the weekend, prompting Embraer to initiate arbitration. "It is deeply disappointing, but we had reached a point where continued negotiation was no longer helpful," Calhoun told the virtual meeting. Calhoun said Boeing expects it will take two to three years for travel to return to 2019 levels and an additional few years more for industry's long-term trend growth to return....

2 5G Stocks to Consider as the Trend Heats Up

5G is here. The new digital wireless technology first started to make waves in 2017, with connectivity tests in Argentina, Norway, and Poland. By late 2018, active 5G networks were starting to appear on a limited basis in various urban areas, and in 2019 the first nationwide networks went into operation in the US and China. As 2020 matures, industry analysts expect to see these networks expand, as providers move into the mid- and high-frequency bands.The new network rollout brings with it a slew of opportunities, as does any new technology. Original equipment manufacturers will need new components. The new networks will require a denser network of towers and transmitters, which in turn will require their own hardware. Semiconductor chip makers especially are looking forward to increased sales as the new equipment brings with it needs for updated and upgraded chips.To this end, we pulled up TipRanks’ database to learn more...

AMD Sets Up Before Earnings

Advanced Micro Devices (AMD, daily) backed off early highs, like many big techs Monday. But it's now got a 58.73 handle buy point on its cup base on a daily chart. It already had a handle on a weekly chart. Investors are expecting strong earnings and sales growth from AMD late Tuesday. AMD results and guidance also likely to move Nvidia. AMD and Nvidia are on Leaderboard....

Buffett and Abel, but not Munger, to field questions at Berkshire annual meeting

Berkshire said on Monday that Buffett, 89, and Vice Chairman Greg Abel, 57, will be physically present to answer shareholder questions at the afternoon meeting, but other directors including Munger and Vice Chairman Ajit Jain will be absent. The meeting is normally part of a weekend of festive events that draws more than 40,000 people to Omaha, Nebraska, where Berkshire is based, but the coronavirus pandemic forced Berkshire to scrap those events and keep shareholders away....