Latest news with #SpiritAerosystems
Yahoo
30-06-2025
- Business
- Yahoo
UK competition watchdog begins initial probe into Boeing-Spirit Aero deal
(Reuters) -Britain's competition regulator said on Monday it has begun a Phase 1 investigation into planemaker Boeing's deal to acquire Spirit Aerosystems and set a deadline of August 28 for a decision. The Competition and Markets Authority (CMA) had said last week that it was weighing a probe into whether the deal could affect competition in the country or in other markets. Sign in to access your portfolio


Reuters
30-06-2025
- Business
- Reuters
UK competition watchdog begins initial probe into Boeing-Spirit Aero deal
June 30 (Reuters) - Britain's competition regulator said on Monday it has begun a Phase 1 investigation into planemaker Boeing's (BA.N), opens new tab deal to acquire Spirit Aerosystems (SPR.N), opens new tab and set a deadline of August 28 for a decision. The Competition and Markets Authority (CMA) had said last week that it was weighing a probe into whether the deal could affect competition in the country or in other markets.
Yahoo
28-06-2025
- Business
- Yahoo
Boeing (BA) Jumps 5.9% on Spirit Merger Progress
Boeing Company (NYSE:BA) is one of the . The Boeing Company grew its share prices by 5.91 percent on Friday to close at $214.55 apiece following news that its plan to acquire its former subsidiary, Spirit Aerosystems, is now progressing to secure regulatory approvals. This followed the UK Competition and Markets Authority's invitation from interested parties to help inform a decision on The Boeing Company (NYSE:BA) and Spirit Aerosystems' proposed re-merger. A commercial jetliner parked at an airport, reflecting the companies success in aviation. The Boeing Company (NYSE:BA) spun off Spirit Aerosystems' plants in Wichita and Oklahoma in 2005, and announced to reacquire the former unit for $4.7 billion last year in a bid to streamline its operations and improve quality control, ending nearly two decades of independence of the world's largest standalone aerostructures company. Meanwhile, The Boeing Company's (NYSE:BA) competitor, Airbus, finalized a deal to acquire several Spirit AeroSystems facilities tied to its aircraft programs. While we acknowledge the potential of BA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data


BBC News
17-06-2025
- Business
- BBC News
Spirit Aerosystems: Polish boost for Belfast factory
A Polish airline has ordered 40 Airbus A220 planes, the wings of which are made in firm, Lot, has placed an order with Airbus for 20 A220-100s and 20 of the larger company could ultimately buy up to to 84 A220s, it announced at the Paris Air well as the wings, part of the A220 fuselage is made at the Spirit Aerosystems operation in east Belfast. Purchased expected late 2025 Airbus is currently in the process of buying Spirit's A220 wing manufacturing Fijoł, the chief executive of Lot, said the airline would start operating A220s in 2027 as part of gradual fleet the end of May 2025, the A220 had secured more than 900 firm orders from more than 30 customers worldwide, with over 415 aircraft already is expected to complete the purchase of the A220 wing plant in Belfast later this year but there is still uncertainty for much of the workforce at wider global business is being carved up between Boeing and Airbus, the world's largest aircraft major uncertainty in Belfast is for the workers on the non-Airbus part of the business, which mostly involves work on a range of Bombardier business workers will become part of Boeing by default if a third party does not buy the remainder of the Belfast have called on Airbus and the UK government to find a way to keep the whole Belfast site under a single have warned that a loss of economies of scale and the fragmenting of production lines poses a risk to the long-term future of aerospace in Northern Ireland and the highly skilled jobs in the sector.
Yahoo
01-05-2025
- Business
- Yahoo
Looking for a Fast-paced Momentum Stock at a Bargain? Consider Spirit Aerosystems (SPR)
Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher." Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times. A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. Spirit Aerosystems (SPR) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones: A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 5.1%, the stock of this aircraft parts maker is certainly well-positioned in this regard. While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. SPR meets this criterion too, as the stock gained 4.7% over the past 12 weeks. Moreover, the momentum for SPR is fast paced, as the stock currently has a beta of 1.41. This indicates that the stock moves 41% higher than the market in either direction. Given this price performance, it is no surprise that SPR has a Momentum Score of B, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success. In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped SPR earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Most importantly, despite possessing fast-paced momentum features, SPR is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. SPR is currently trading at 0.67 times its sales. In other words, investors need to pay only 67 cents for each dollar of sales. So, SPR appears to have plenty of room to run, and that too at a fast pace. In addition to SPR, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria. This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies. Click here to sign up for a free trial to the Research Wizard today. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Spirit Aerosystems Holdings, Inc. (SPR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio