Some of the names on the move ahead of the open.
div > div.group > p:first-child"> Boeing — Boeing is set to tumble following the weekend crash of an Ethiopian Airlines 737 Max 8. The airline grounded the rest of its 737 Max 8 fleet, and the Chinese government took similar action following the crash. Boeing Issued a statement saying it is investigating but currently does not plan to issue any new guidance to operators.
Facebook — Nomura/Instinet upgraded Facebook to"buy" from"neutral," saying concerns over engagement trends have eased. The firm also points to a faster than expected transition to the Facebook Stories feed. Helen of Troy — Helen of Troy is putting its beauty unit up for sale, according to a Wall Street Journal report citing people familiar with the matter. The division, which makes products like Pert shampoo and Revlon hair dryers, is expected to bring in about $300 million if sold.
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Southwest says it remains 'confident' in its fleet of Boeing planes after Ethiopia crashSouthwest Airlines Co. expressed confidence in its Boeing Co. aircraft and said has no plans to change operations in the wake of a deadly crash involving a 737 Max 8 aircraft in Ethiopia. But shares of the airline fell over 3% in premarket trading, alongside a nearly 9% drop in Boeing shares. "As Southwest operates a fleet of 34 Boeing 737 MAX 8 aircraft, we have been in contact with Boeing and will continue to stay close to the investigation as it progresses," said a spokesman for the company. Ethiopian Airlines Flight 302 crashed shortly after takeoff from the capitol of Addis Ababa, killing all 157 people on board. It's the second deadly accident involving Boeing's popular 737 Max 8 in six months, with the last occurring in October when an Indonesia Lion Air jet crashed into the sea, killing all 189 on board. China's civilian aviation authority has ordered all airlines to ground those Max 8 planes, while Ethiopian Airlines has grounded its entire fleet of those planes. "We don't have any changes planned to our operational policies or procedures," said the Southwest spokesman. Losses for Boeing drove a 170-point drop in Dow futures.
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Boeing shares fall sharply after second deadly 737 MAX 8 crashShares of Boeing sank as some airlines grounded the planemaker's best selling 737 MAX 8 passenger jet following the second deadly crash involving the plane.
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Boeing says has no new guidance for 737 MAX 8 operatorsBoeing said on Monday the investigation into the Ethiopian Airlines crash is in ...
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Airlines ground Boeing 737 MAX 8 planes after crash'Alarms should be and going off all through the aviation industry,' says transportation analyst MarySchiavo on the Ethiopia Airlines crash. She says the US should ground Boeing 737 MAX 8 planes for now. 'Everybody should... Boeing should take the lead.'
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Boeing shares fall after second deadly 737 MAX 8 crashShares of Boeing Co slid 9 percent in early trading on Monday as many airlines g...
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Boeing postpones launch of 777X after Ethiopian Airlines crashBoeing has delayed plans to unveil its huge new 777X jetliner this week, following the deadly crash of one of the company's aircraft in Ethiopia
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Dow futures down nearly 200 points as Boeing drops in premarket after deadly Ethiopia plane crashDow futures tumble on Monday, dropping over 100 points as Boeing shares fall sharply in premarket trading after the crash of a 737 Max 8 aircraft that killed 157 on board, the second accident in six months for its newest and popular plane.
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Another brand-new Boeing falls from the skyThe crash has troubling similarities with a disaster in Indonesia last year
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