After delivering its strongest monthly performance since November 2023, Wall Street entered June on a cautious note, with mounting geopolitical tensions and new trade tariffs clouding investor appetite for risk assets.
Bank of America pointed to Boeing’s recent international deals, including agreements in the U.K., Qatar, the U.A.E., and China, as evidence that the company is playing a central role in global trade diplomacy.
Modine Manufacturing Co. (NYSE: MOD) to acquire L.B. White for $112 million to expand HVAC portfolio with specialized heating solutions for agriculture, construction, and events.
The appeal comes amid reports that the DOJ may finalize a non-prosecution agreement with Boeing, potentially shielding the company from criminal charges.
The company projected 2025 net income between $4.7 billion and $5.5 billion, compared with its prior earnings forecast between $5 billion and $5.5 billion.
