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Boeing Strike, Defense Charges Hammer 4th-Quarter Results
Boeing Strike, Defense Charges Hammer Fourth-Quarter Results
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,
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.
Boeing, Deep Loss
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.
Losses piled up for Boeing in 2024
Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.
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
Fact Check: Boeing Starliner astronauts are alive contrary to misattributed Musk quote
The astronauts who traveled to the International Space Station aboard the Boeing Starliner are in good health, a NASA ...
3d
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 ...
5d
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 ...
22h
on MSN
Wall St muted as investors assess economic data; Boeing slips
An S&P Global survey showed that business activity slowed to a ninth-month low in January amid rising price pressures, but ...
11d
on MSN
Boeing closes the books on a terrible 2024
Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show it continues to ...
19h
Boeing strike, defense charges hammers fourth-quarter results
Boeing Co. suffered another quarter of fresh charges and losses, highlighting the long road ahead for the US aircraft ...
2d
Trump Transportation Nominee Will Keep Boeing 737 MAX Production Cap in Place
WASHINGTON (Reuters) - President Donald Trump's nominee to head the U.S. Transportation Department said he will keep in place ...
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