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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBancroft: Boeing's cash-flow shouldn't factor into today's union voteTony Bancroft, portfolio manager at Gabelli Funds, discusses the chances striking union factory workers ratify Boeing's latest contract proposal, which has been endorsed by union leadership.
Persons: Tony Bancroft Organizations: Bancroft, Gabelli Funds, Boeing's
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for PRO subscribers. Worldwide Exchange airs at 5 a.m. Investors on Wednesday were focused on big news involving two Dow Jones Industrial Average components: Boeing and McDonald's. The current bull market and how much more stocks can continue to rally was also on investors' minds. McDonald's E. coli outbreak, Boeing earnings McDonald's shares were lower and the primary drag on Dow futures after an E-coli outbreak linked to Quarter Pounders that has killed one person and lead to dozens being hospitalized.
Persons: Sara Senatore, Senatore, Kelly Ortberg, Phil Lebeau, Tony Bancroft, , Ortberg, Piper, Craig Johnson, Piper Sandler, Johnson Organizations: PRO, Worldwide, Dow Jones, Boeing, Dow, Bank of America, New, CNBC, Gabelli, Aerospace, Defense, Federal Aviation Administration, Max Jets, Piper, Marvell, Scotts Miracle, Gro Locations: Corning, Illumina
Global Jets ETF , whose largest holdings are Southwest Airlines , United Airlines , American Airlines and Delta Air , is off 7.5% just since the end of June. GE Aerospace GE Aerospace is a pure play on the rise of global air travel, according to John Belton, portfolio manager at Gabelli Funds. Just about all 18 analysts polled by LSEG consider GE Aerospace a buy, with five rating it a strong buy. Central to the investment thesis for GE Aerospace is its market leadership. "The air travel industry is a growth industry," Galluccio said.
Persons: Richard Branson, John Belton, Belton, Nicholas Galluccio, Galluccio, Morningstar, that's, Tony Bancroft, Bancroft, there's, wanderlust Organizations: Virgin Group, U.S . Global Jets ETF, Southwest Airlines, United Airlines, American Airlines, Delta Air, Transportation, Boeing, Airbus, Gabelli, International Air Transport Association, AAR Corp, Teton Advisors, Westwood, Equity, GE Aerospace GE Aerospace, Gabelli Funds, New York Stock Exchange, General Electric, GE Aerospace, LSEG, GE, Airlines, Morningstar, Growth, Max, Federal Aviation Administration, Aerospace & Defense ETF, Heico Corporation, Triumph, TransDigm Locations: U.S, Eastern Europe
Boeing pleads guilty to fraud: Here's what you need to know
  + stars: | 2024-07-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing pleads guilty to fraud: Here's what you need to knowTony Bancroft, Gabelli Funds portfolio manager, and Legal analyst Danny Cevallos join 'Power Lunch' to discuss Boeing's pleading guilty to fraud and its implications for the company.
Persons: Tony Bancroft, Danny Cevallos, Boeing's Organizations: Boeing
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing needs a CEO who can usher in the next generation of planes, says Gabelli's Tony BancroftTony Bancroft, Gabelli Commercial portfolio manager, joins 'Power Lunch' to discuss Boeing as the CEO speaks to Congress on Capitol Hill.
Persons: Gabelli's Tony Bancroft Tony Bancroft Organizations: Boeing, Gabelli, Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing makes safe aircraft, and the data supports it: Gabelli's Tony BancroftTony Bancroft, portfolio manager at Gabelli Funds, joins 'Power Lunch' to discuss the Boeing whistleblower on Capitol Hill and how it may impact the airline industry.
Persons: Tony Bancroft Tony Bancroft Organizations: Boeing, Gabelli, Capitol
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTwo investors debate the outlook for Boeing amid leadership shake-upTony Bancroft, Portfolio Manager at Gabelli Funds, and Nancy Tengler, CEO and CIO of Laffer Tengler Investments, debate the path ahead for Boeing as it undergoes significant C-suite changes.
Persons: Tony Bancroft, Nancy Tengler Organizations: Boeing, Funds, Laffer, Investments
Boeing C-suite shakeup: Here's what you need to know
  + stars: | 2024-03-25 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing C-suite shakeup: Here's what you need to knowTony Bancroft, portfolio manager at Gabelli Funds, and Ron Epstein, Bank of America Securities senior aerospace analyst, join 'The Exchange' to discuss recent developments in Boeing's leadership, including the coming departure of CEO Dave Calhoun, the outlook for Boeing's stock, and more.
Persons: Tony Bancroft, Ron Epstein, Dave Calhoun Organizations: Boeing, Gabelli Funds, Bank of America Securities
GE stock has been on a tear, outperforming the market over the past year, as investors bet that the company's break-up will unlock still more value. Since the health-care spinoff, GE shares have risen above $170 from the $60s. He expects anyone buying GE Vernova shares in April will get "a 50% move over the next fourteen months." GE's aerospace business benefits from a dominant market position where it leads in both widebody and narrowbody jet engines. Still, GE Vernova was a weak spot for the company since 2015, according to analysts.
Persons: haven't, FactSet, Gordon Haskett, Don Bilson, GE's, Andrew Obin, Obin, I've, Tony Bancroft, Scott Deuschle, Deuschle, Bancroft, Larry Culp, Culp, GE Vernova, Michael Bloom Organizations: GE Vernova, New York Stock Exchange, GE, GE Healthcare Technologies, General Electric, GE Healthcare, Bank of America, GE Aerospace, Gabelli, Aerospace & Defense ETF, Deutsche Bank, Bank, America's
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIf there was a serious issue, the FAA would have shut down Boeing: Gabelli Funds' Tony BancroftTony Bancroft, portfolio manager at Gabelli Funds, joins 'The Exchange' to discuss his outlook on Boeing's reputation, safety concerns about traveling on a Boeing aircraft, and more.
Persons: Tony Bancroft Tony Bancroft Organizations: FAA, Boeing, Gabelli
Boeing and Spirit Aerosystems confirm merger talks
  + stars: | 2024-03-01 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBoeing and Spirit Aerosystems confirm merger talksTony Bancroft, Gabelli Aerospace & Defense ETF portfolio manager, joins 'Closing Bell Overtime' to talk breaking news that Boeing is considering buying Spirit Aerosystems.
Persons: Tony Bancroft Organizations: Boeing, Gabelli Aerospace & Defense
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense spending will likely increase going forward, says Gabelli Funds' Tony BancroftTony Bancroft, Gabelli Funds Portfolio Manager, joins 'Closing Bell Overtime' to talk the aerospace sector, government spending and more.
Persons: Tony Bancroft Tony Bancroft Organizations: Email Defense
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