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Shares of Tesla rose nearly 2% and shares of PG&E gained around 1% in midday trading Wednesday.Further clouding the prospects for the plane maker, risk around potential tariffs and implications of the ongoing trade wars “are material,” adding “risk at the wrong time,” he said.Claudia Assis is a San Francisco-based reporter for MarketWatch. "Our long-term goal and strategic objectives remain unchanged," Smith said.Muilenburg is scheduled to testify before a congressional transportation panel on Oct. 30.No U.S. airline expects the 737 Max planes to fly before 2020. Stationary energy-storage systems help smooth out electric-grid peaks and valleys and make the grid more reliable. Follow her on Twitter @ClaudiaAssisMW.Expectations “are low for the quarter and much of the sentiment on the results will revolve around MAX commentary and expectations,” Herbert said. The business has a combined backlog of $62 billion, with 70% of those orders from U.S. customers. "Once operational, the Moss Landing substation system will be one of the largest utility-owned, lithium-ion battery energy storage systems in the world," the companies said. Boeing's business delivered a total 62 airplanes during the third quarter. Boeing revenue breakdown by geographic segment: 10.9% from Middle East, 6.7% from China, 12.6% from Asia, other than China, 12.2% from Europe, 50.3% from United States and 7.3% from Other . Revenue to Assets Timeline . The stock has been engaged in a steep decline since March 2019. … The unit's operating margin, a key measure of profit, rose to 10.7%, with no new charges during the quarter and improved performance, Boeing said. Carriers have lost hundreds of millions of dollars in revenue and repeatedly pushed back when they expect the planes to return to their schedules. Canaccord kept its hold rating on the stock with a $380 price target, and also trimmed third-quarter profit estimates, to $2.05 a share.The analysts surveyed by FactSet on average rate Boeing stock a buy with a price target of $412.05, an upside around 24%.Boeing earlier this month reported third-quarter deliveries that were “light “ on deliveries of the wide-body 787 Dreamliner, which led analysts at Goldman Sachs to conjecture that Boeing could be reallocating resources to the 737 Max and impacting the 787 delivery schedule.In addition, concerns about Boeing’s next plane, the 777X, passenger traffic, its defense and space business, and the overall health of its commercial cycle have increased, Ken Herbert at Canaccord said in a note this week.Boeing last week moved to strip Chief Executive Dennis Muilenburg of his board chairmanship, only hours after air-safety experts criticized the company and the Federal Aviation Administration’s role in the two crashes.Boeing is scheduled to report third-quarter earnings on Wednesday before the bell, with the latest about the 737 Max and its anticipated return to the skies firmly in focus. Boeing also stuck to an optimistic forecast for when its 737 Max aircraft will begin flying again, saying that it assumes "regulatory approval of the 737 MAX return to service begins in the fourth quarter of 2019."Got a confidential news tip?