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Boeing forecasts big loss on defense troubles, strike

Hosted on MSN · 34m

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 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,

Reuters on MSN · 15h

Boeing forecasts big loss on defense troubles, strike; shares drop 2.6%

Boeing's loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, citing charges at its defense unit, lower jetliner deliveries and losses from a crippling strike.

Here’s why Boeing’s stock isn’t down more

MarketWatch · 41m

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.

The Wall Street Journal on MSN · 8h

Boeing Warns of $4 Billion Loss to Close a Difficult Year

The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.

4m

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 ...

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 ...

5h

Stock Market Today: S&P 500 set to ease from record high, Dow and Nasdaq to slip; Dollar falls on BoJ hike; TI, Boeing shares fall.

U.S. stock futures were moving lower in early action on Friday, on the heels of the first record for the S&P 500 of 2024. Dow ...

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