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Buying deepest stock dips in 2016 returned three times S&P 500

  Bloomberg It’s been a great year for catching falling knives. The buy-the-dip strategy that’s been a hallmark of the U.S. stock rally is outdoing itself in 2016, where buying stocks in the most extreme state of free fall is paying like rarely before. An index tracking shares in the Russell 3000 Index that register as “oversold” on a momentum ...

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American to defer 22 Airbus A350s to slow spending

  Bloomberg American Airlines Group Inc. will defer delivery of 22 wide-body aircraft to spread out more than $1 billion in spending. The world’s largest airline reached an agreement with Airbus Group SE to take A350 XWB aircraft from late 2018 through 2022, deferring each plane’s arrival by an average of 26 months. American previously was to get the first ...

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Solar Impulse 2 leaves Egypt for final leg to AUH

  CAIRO / AFP The first solar-powered plane to circle the world took off from Cairo on Sunday for Abu Dhabi, in the final leg of its journey. Swiss pilot Bertrand Piccard was behind the controls of Solar Impulse 2, which can fly for days on only energy from the sun. “It’s a project for energy, for a better world,” ...

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