financial markets

China’s first big jetliner just passed a crucial test that will take the country a step closer to becoming one of the world’s elite large airline makers.

The C919 airliner, which is produced by the Commercial Aircraft Corporation of China, or Comac, finished its final ground trial on Sunday in Shanghai.

Test pilots sped the C919 down the runway at Pudong International Airport, lifting the nose of the jet into the air and slamming on the brakes.

Before the airplane could make its maiden flight — expected before the end of May — the pilots had to demonstrate the jet can safely stop on the runway in case something goes wrong.

The 168-seat C919 is roughly the same size as Airbus’s A320 and Boeing’s 737-800, which are the most popular airliners in the world.

From the outside, China’s new airliner looks familiar. Its design is a hybrid of western aerospace companies and Chinese industry, and its engines are nearly identical to those on the newest Airbus models.

financial markets: iShares MSCI Europe Financials Sector Index Fund(EUFN)

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    Investors looking to set up a pair trade to capitalize on the divergent paths of U.S. and European banks should consider going long the iShares Dow Jones US Financial (ETF) (NYSE: IYF) and short the Ishares MSCI Europe Fincls Sctr Indx Fd (NASDAQ: EUFN).

financial markets: EPAM Systems, Inc.(EPAM)

Advisors’ Opinion:

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    Image source: Getty Images.

financial markets: Enviva Partners, LP(EVA)

Advisors’ Opinion:

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financial markets: Wayfair Inc.(W)

Advisors’ Opinion:

  • [By Lisa Levin]

    Wayfair Inc (NYSE: W) shares were also up, gaining 25 percent to $63.71 after first-quarter earnings boasted a 2.7-percent sales beat and 46-percent year-over-year increase in active customers.

  • [By Peter Graham]

    The Q4 2016 earnings report formid cap online home furnishings and d茅cor stockWayfair Inc (NYSE: W) is scheduled for before the market opens onThursday (February 23rd) as shares still have elevated short interest of 34.99% according to Highshortinterest.com. Last time around, shares dropped as much as 13%after the Company reported third quarter revenues and net losses that largely met expectations while projecting aslight decrease in revenue growth for the coming quarter.

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financial markets: Laredo Petroleum, Inc.(LPI)

Advisors’ Opinion:

  • [By Ben Levisohn]

    After a rally for the ages, the price of oil is back over $50. But the biggest threat to oil might be more production from exploration & production companies drilling in the U.S. shale, say Credit Suisse analyst Mark Lear and team, who cut their ratings on Carrizo Oil & Gas (CRZO), Laredo Petroleum (LPI) and Sanchez Energy (SN). They explain why:

financial markets: Methanex Corporation(MEOH)

Advisors’ Opinion:

  • [By Jim Robertson]

    Back in February of last year, we suggested Methanex Corporation (MEOH), which ended up providing us with some pretty good gains in a fairly short amount of time, and based on what’s happening with the stock technically right now, it could be another gainer over the next several days to few weeks.