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Boeing Co (NYSE:BA) confirms FAA asked to address specific condition of flight planned software changes

The Federal Aviation Administraion has asked Boeing Co (NYSE:BA) to address, through the software changes to the 737 MAX that the company has been developing for the past eight months, a specific condition of flight, which the planned software changes do not presently address. The Boeing Company agrees with the FAA’s decision and request, and is working on the required software to address the FAA’s request.

Boeing Co (NYSE:BA), a Industrial Goods sector firm, traded 8.92 Million shares in last trading session with closing price of $364.02 per share. Company gross margin stands at 19.20% whereas its return on investment (ROI) is 76.40%. Stock value has moved between $293.56 – 443.93 in last one year. Analyst’s mean target price for Boeing Co (NYSE:BA) is $421.05 while analysts mean recommendation is 2.30. BA EPS growth this year is 51.70%. 

On last trading day, AK Steel Holding Corporation (NYSE:AKS) shares closed at $2.28 per share. AKS market capitalization is 719.57 with beta of 2.89. Analyst’s mean target price for AK Steel Holding Corporation (NYSE:AKS) is $2.35 whereas analysts mean recommendation is 3.20. Its weekly performance is 3.64% while year to date (YTD) performance is 1.33%. 

In last session L.B. Foster Company (NASDAQ:FSTR) traded 53417 shares and was closed at $25.19. Analyst’s mean target price for FSTR is $30.00 while analysts mean recommendation is 2.00. Company is -4.85% away from its 52 week high and is moving 81.09% ahead of its 52 week low. FSTR Gross Margin is 19.00% and its return on assets is -6.50%. L.B. Foster Company (NASDAQ:FSTR) quarterly performance is 36.02% while its price to sale ratio is 0.41. 

Communications Systems, Inc. (NASDAQ:JCS), a Technology sector firm, traded 2789 shares on last trading day with closing price of $3.02 per share. Company gross margin stands at 34.30% whereas its return on investment (ROI) is -16.70%. Stock value has moved between $2.03 – 4.03 in last one year. Analyst’s mean target price for Communications Systems, Inc. (NASDAQ:JCS) is $5.00. JCS EPS growth this year is 24.00%. 

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