Boeing Receives 747-8 Order From Silk Way Airlines and 2 Other Dow Movers to Watch
Boeing Co. (NYSE:BA): Current price $106.49
Cargo carrier Silk Way Airlines, based in Baku, Azerbaijan, is set to order two Boeing 747-8 freighters valued at $704 million each at current list prices. Silk Way currently operates Boeing 747-400 freighters and 767-300 freighters, and is considered one of the top cargo airlines in Central Asia, supplying full-fledged services to Europe, the United Kingdom, and the Middle East, together with Far East countries including Korea, China, and Hong Kong.
Johnson & Johnson (NYSE:JNJ): Current price $89.19
Pharmacyclics and its development partner, Janssen, said Wednesday that a new drug application has been submitted to the FDA for Ibrutinib. The application asks for marketing approval for the drug in the treatment of chronic lymphocytic leukemia-small lymphocytic lymphoma, and in the treatment of previously treated patients diagnosed with mantle cell lymphoma. Ibrutinib is an oral inhibitor of Bruton’s tyrosine kinase, an enzyme found in blood cells. Studies found that inhibition of BTK can help kill malignant white blood cells called B-cells. Upon approval, Ibrutinib would be the first oral BTK inhibitor to reach the domestic market. Janssen is a division of Johnson & Johnson.
Procter & Gamble Co. (NYSE:PG): Current price $80.67
On Thursday, Procter & Gamble announced it will introduce the next phase of its Safe Home campaign, the aim of which is to educate consumers on the correct use and storage of household cleaning and fabric care products. This next phase of the campaign is composed of a national spokesman and a packaging change for Tide Pods, the brand’s single-load liquid laundry pack. The company partnered with Dr. Alanna Levine, a New York-based pediatrician and member of the executive committee of the American Academy of Pediatrics’ Council on Communications and Media. Levine will become the national spokesman and ambassador for the Safe Home program.