Why Boeing’s stock isn’t tumbling, even 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 Deep Loss to Close a Difficult Year
Boeing lost roughly $4 billion in the most recent quarter, when the jet maker was hit by a debilitating strike, suffered mounting losses in troubled U.S. government projects and incurred costs tied to sweeping job cuts rolled out at the end of the year.
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.
Boeing forecasts bigger-than-expected quarterly loss on defense troubles, strike hit
Boeing expects to report a larger-than-expected loss when it unveils fourth-quarter results next week, the financially strapped U.S. planemaker said on Thursday, due to charges at its defense unit and losses from a crippling strike.
Boeing strike: The real cost of the work stoppage
Related: Boeing thought it had a plea deal until a judge said otherwise Turning to other business headlines, $4 billion. That ...
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 ...
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Boeing delays force American Airlines to suspend 3 European routes, delay Flagship Suites
American Airlines cannot catch a break from Boeing’s production woes. The Fort Worth-based carrier will temporarily suspend ...
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 ...
S&P 500, Nasdaq flat as investors assess economic data; Boeing slips
The benchmark S&P 500 and the Nasdaq struggled for direction on Friday, as investors avoided big bets and assessed fresh data ...
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 ...
Boeing Stock Slips as Plane Maker Forecasts Wider-Than-Expected Q4 Loss
Boeing shares are falling in premarket trading after the plane maker projected a far wider-than-expected fourth-quarter loss ...
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 ...
Spirit AeroSystems gets reprieve on $605 million in payments back to Boeing
Spirit AeroSystems and Boeing have agreed to push out until 2026 more than half a billion dollars in payments Spirit owes the ...
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 ...