Sector: Industrials

Boeing’s (BA) troubled 737 MAX series planes may remain grounded until January 2020, according to a Wall Street Journal report.

Canadian Pacific Railway (CP) is set to report its second-quarter earnings results after the market closes on Tuesday.

On Tuesday, CSX (CSX) is scheduled to report its second-quarter earnings results. Analysts expect the company to report an adjusted EPS of $1.11.

On Tuesday, United Airlines is scheduled to report its second-quarter earnings results after the market closes. The company has a history of beating analysts' estimates.

American Airlines (AAL) raised its second-quarter unit revenue guidance yesterday even though it faced a massive amount of flight cancellations.

Boeing (BA) announced a leadership change in its troubled 737 MAX program, Reuters reported on Thursday, citing a company memo.

Goldman Sachs (GS) initiated its coverage on FedEx (FDX) and UPS (UPS) with “buy” ratings. Goldman Sachs argued that the stocks are too cheap to ignore.

General Electric (GE) has risen ~41% year-to-date, and one Wall Street analyst believes it still has more upside potential.

Spirit AeroSystems fell over 5% on July 8 following news of Boeing's loss of a major customer for its 737 MAX aircraft to its rival Airbus.

On Monday, Apple fell after Rosenblatt Securities downgraded the stock to “sell” from “neutral” due to “fundamental deterioration.”