The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.
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 Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs
Wall Street's major indices showed uncertainty as investors analyzed new economic data. Boeing's shares dipped due to expected losses, while Verizon gained with subscriber growth. Concerns about potential tariffs further affected market sentiment as President Trump highlighted trade policies,
On a weekly basis, Wall Street’s main indexes are set for their second straight week of advances, with the blue-chip Dow on track for its biggest weekly jump since October 2022.
U.S. stock futures showed small losses due to tariff concerns stirred by President Trump's trade policies. Boeing and Verizon shares fell due to forecasts of higher losses and lower profits, respectively.
ET, the Dow Jones Industrial Average fell 0.12 per cent, the S&P 500 gained 0.01 per cent, the Nasdaq Composite lost 0.03 per cent
Sharon Terlep is a reporter covering the global aerospace industry and industrial manufacturers including Boeing and GE in The Wall Street Journal’s corporate bureau in New York. She covers the ...
Wall Street is pointing slightly lower in early trading but is on track to close the week with solid gains on healthy quarterly earnings reports from large U.S. corporations
The Dow Jones Industrial Average fell 140.82 points, or 0.32%, to 44,424.25, the S&P 500 lost 17.47 points, or 0.29%, to 6,101.24 and the Nasdaq Composite lost 99.38 points, or 0.50%, to 19,954.30.
Late Thursday, the aerospace and defense giant showed Wall Street it had to pay a steeper price for those. Boeing BA said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1. ...