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Company News for Dec 17, 2019

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  • The Boeing Co.’s (BA - Free Report) shares tumbled 4.3% following news that the company is planning to halt production of its struggling 737 MAX airplanes.
  • PG&E Corp. (PCG - Free Report) plunged 14% after the governor of California, Gavin Newsom, demanded changes to the company’s plan to pay wildfire victims and exit bankruptcy.
  • Shares of Intel Corp. (INTC - Free Report) dropped 0.2% after the companyacquired artificial-intelligence firm Habana Labs for $2 billion.
  • Uber Technologies Inc. (UBER - Free Report) surged 5.5% following news that the company is mulling selling its food-delivery business in India.

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