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Boeing, Hammer Fourth-Quarter
Boeing Strike, Defense Charges Hammer Fourth-Quarter Results 1)
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for Chief Executive Officer Kelly Ortberg as he tries to stabilize the US aircraft manufacturer.
Boeing warns of more financial charges due to strikes, costlier parts, and Starliner
Boeing is warning of another hit to its bottom line, at least partly at the hands of the company's Calamity Capsule, the CST-100 Starliner.
Boeing lost $3.5 billion due to labor strikes and layoffs in the fourth quarter
Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions,
Boeing’s defense unit to eat $1.7 billion in fourth quarter
Boeing’s defense business faced another tough quarter, with a projected loss of $1.7 billion when it reports its fourth-quarter earnings next week—bringing total losses for the sector to nearly $5 billion for the year.
Here’s why Boeing’s stock isn’t down more
Here’s why Boeing’s stock isn’t down more after an ‘eye-watering’ loss warning
That’s because with all of Boeing’s issues, such as a labor strike, delivery delays, job cuts and continued challenges within the defense business, J.P. Morgan analyst Seth Seifman said, the losses “are not shocking.”
Boeing warns of bigger-than-expected $4 billion quarterly loss; shares drop
Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis, stricter regulatory scrutiny, supply chain delays and a crippling strike by U.
Boeing Warns of $4 Billion Loss to Close a Difficult Year
The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
1d
Which Airlines Still Fly The Boeing 747 On Its 55th Flight Anniversary?
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
1d
Trump transportation nominee will keep Boeing 737 MAX production cap in place
President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place a cap on production of ...
3h
Boeing’s Resilience and Strategic Growth: Analyst Maintains Buy Rating Despite Financial Setbacks
In a report released yesterday, Jason Gursky from Citi maintained a Buy rating on Boeing (BA – Research Report), with a price target of ...
4d
Boeing Under Pressure: Activists And Warren Buffett Circle
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
2d
Q4 Preview: Boeing's Potential Path To $500 (Rating Upgrade)
Boeing's sales are projected to reach $100-$110 billion by 2026, with potential EPS growth to $15 by 2028. Read why I upgrade ...
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10m
Stock market today: Dow, S&P 500, Nasdaq lower as investors weigh earnings, Trump on China
President Trump's call at Davos for cuts to US interest rates, oil prices, and taxes spurred investor optimism for his ...
24m
Stocks Close At Record Highs Ahead Of Big Week Of Earnings
Overnight, Texas Instruments reported an earnings beat, but offered a disappointing outlook sending that stock lower by 4.5% ...
Flightglobal
1h
IndiGo confirms ambition to expand widebody operations earlier via wet lease
Indian low-cost carrier IndiGo has confirmed that it is working to add widebody aircraft earlier than previously announced, ...
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