Orlando, FL -- (SBWIRE) -- 10/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On The Boeing Company (NYSE:BA), LSI Corp (NASDAQ:LSI).
The Boeing Company (NYSE:BA) shares gained 3.87% to $118.90. BA and Ethiopian Airlines on Oct. 10 announced an agreement to double wire harness production at Ethiopian Airlines' Wire Harness Facility. The Wire Harness Facility, based in the Ethiopian capital Addis Ababa, opened in 2009 and currently supplies seat-to-seat wire harnesses for all Boeing commercial airplane programs. Following today's announcement Boeing and Ethiopian Airlines will place additional work at the facility, which will double its output by the end of 2014.
Additionally, Canaccord Genuity analyst Ken Herbert initiated coverage on The Boeing Company on Oct. 10 with a Buy rating and $140.00 price target.
Moreover, the fifth Wideband Global SATCOM (WGS) satellite built by Boeing [NYSE: BA] on Oct. 2 is providing the U.S. military and its international partners additional access to the fast, secure communications vital to successful missions. WGS-5, which was launched in May, has completed on-orbit testing and is now being operated by the U.S. Air Force.
Are investors worried about the recent updates with BA? Find out with a free trend analysis HERE
LSI Corp (NASDAQ:LSI) shares climbed 2.54% to $7.68. The company announced it will host a webcast on Wednesday, October 23, 2013, to discuss its financial results for the third quarter of 2013. The company invites investors and others to listen to the earnings conference call webcast at 2 p.m. PDT. The company designs semiconductors and software that accelerate storage and networking in datacenters, mobile networks and client computing.
Is LSI going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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