Boeing Faces Competition and 2 Dow Movers to Track
The Boeing Company’s (NYSE:BA) older Boeing 747s may be replaced with Airbus (EADSY) A350-1000s, which is the European jet manufacturer’s largest twin-engine model, says Bloomberg. United Continental (NYSE:UAL) is in discussions over the matter on Thursday.
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Caterpillar (NYSE:CAT): Boyd Company LLC, which owns Whayne Supply Company and Cecil I. Walker Machinery Co., report that Whayne Supply and Walker Machinery have purchased the Bucyrus equipment distribution and support business for their territories from Caterpillar Global Mining LLC. Whayne Supply and Walker Machinery are authorized Caterpillar dealers in southern Indiana, southeastern Ohio, Kentucky, and in portions of West Virginia. Boyd Company has established Whayne-Walker Underground Mining as the business division to supply distribution and support requirements for the new products. Meanwhile, Caterpillar continues to conduct talks with other Cat dealers which have mining activity in their territories and will also continue to operate the former Bucyrus distribution unit until the transitions have been completed in a given territory.
Cisco Systems (NASDAQ:CSCO) and Itron (NASDAQ:ITRI) technologies have been chosen by the Los Angeles Department of Water and Power for its smart grid demonstration project. The Department will install as many as 52,000 Itron smart electric meters and 20 smart water modules which should operate over an integrated cellular and multi-application IPv6 communication network, based on the Cisco GridBlocks architecture, which employs Cisco Connected Grid routers and Network Management System.