Tag: analyst comment

Plastics prices can keep rising as Dow sees demand continuing to outstrip supply

The big price increases that helped boost Dow Inc.’s second-quarter earnings are likely to continue, as the plastics and chemical said Thursday that it expects pent-up demand to keep outstripping supply in the coming months. “ “[S]trong consumer demand trends continue in retail, housing and the manufacturing sectors, and inventory levels remain low across most […]

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Opinion: Here’s why Boeing’s stock will soar

Founded by lumber tycoon William Boeing in Seattle in 1916, Boeing has grown to become one of two major plane manufacturers in the world, and a major U.S. defense contractor. It has hit plenty of turbulence along the way. But few jolts were as rough as the double whammy that laid the aerospace giant low […]

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Lordstown sticking to production timeline but ‘has a long road ahead,’ analyst says

Lordstown Motors Corp. has stuck to its timeline to have its first electric pickup trucks rolling off the factory floor later this year, but the company “has a long road ahead” in terms of competition and communicating a further action plan. That’s from Joseph Spak at RBC Capital, who attended a company event shortly after […]

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