Boeing CEO Kelly Ortberg said "trust in the company has eroded," it’s "saddled with too much debt," and it has had serious performance lapses.
Boeing (BA) delivered earnings and revenue surprises of -0.97% and 0.02%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?
Boeing reported a massive third-quarter loss, partly due to billions in charges from its airline programs as well as the current strike.
"With the right focus and culture, we can be an iconic company and aerospace leader once again," said Boeing CEO Kelly Ortberg
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.
Eastern Bank grew its position in The Boeing Company (NYSE:BA – Free Report) by 154.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owne…
It’s a big day for Boeing
Boeing (NYSE:BA) Shares Down 0.4% – What’s Next?
Boeing's CEO Kelly Ortberg faces investors for first time at the helm of the troubled manufacturer.
Qatar Airways launched Tuesday its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, paving the way for a new era of in-flight connectivity across its entire fleet by next year.
GE Aerospace posted mixed Q3 results early Tuesday. The manufacturer’s lifted guidance wasn’t enough to stop a selloff.
The post GE Aerospace Trims 91% Gain On Results. But Is It Lashed To Boeing? appeared first on Investor's Business Daily.
Whittier Trust Co. reduced its position in shares of The Boeing Company (NYSE:BA – Free Report) by 12.3% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 45,966 shar…
If union members agree to end the strike “the supply chain, investors, and Boeing will share a collective sigh of relief.”
A contract vote by 33,000 striking workers comes Oct. 23.
Boeing (NYSE:BA) Stock Price Up 4.4% – Still a Buy?
A proposal for a 35 percent wage hike over four years could end a costly strike, even as the aircraft maker hustles to sell planes and raise cash.
These are the stocks posting the largest moves in midday trading.
Boeing (NYSE:BA) Shares Gap Up – Still a Buy?
Boeing and the union representing striking machinists have negotiated a new contract proposal that would provide bigger pay raises and bonuses in a bid to end a costly walkout that has crippled production of airplanes for more than a month.The Interna…
Shortly before 10 a.m. ET markets are little changed today. The Nasdaq Composite is up .03% while other major indexes are down slightly. Let’s look at a round-up of performance: Nasdaq Composite: Up 6.05 (+.03%) S&P 500: Down 4.31 (-.07%) Dow Jones Industrial Average: Down 93.32 (-.22%) Russell 2000: Down 7.11 (-.32%) Let’s check on […]
The post Nasdaq Composite Flat | NVIDIA (NVDA) and Boeing (BA) See Big Gains | XLU, XLE, XLK appeared first on 24/7 Wall St..
Striking Boeing workers voted against a 35% pay hike, the machinists union Wednesday night after the Dow Jones aerospace giant reported a big loss earlier.
The post Boeing Union Workers Reject 35% Pay Hike appeared first on Investor's Business Da…
“There was substantial upside if one bought Boeing stock” during prior strikes in 1989, 1995 and 2005, an analyst says, though a 2008 strike that coincided with the Great Recession was an outlier.
Boeing stock might be gearing up for an earnings rally this week, with a few fundamental and technical factors turning bullish.
These are some of the stocks posting the largest moves in premarket trading.
From William Boeing to David Calhoun, explore The Boeing Company’s century-long history of ups and downs through a timeline of its 12 different CEOs.
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