Boeing sees $3.5B cash flow loss 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 defence troubles, strike; shares drop 2.5%
BOEING’S loss will exceed expectations when it unveils fourth-quarter results next week, the financially strapped US planemaker said on Thursday, due to charges at its defence unit, lower jetliner deliveries and losses from a crippling strike.
Some 55 years after the first commercial flight of the Boeing 747, four airlines still fly passenger versions, including ...
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.
Boeing has said it expects a fourth-quarter loss and is taking $2.8bn in charges stemming from a six-week-long strike, higher costs in its defence business and cuts to its workforce. The plane maker ...
The machinist strike and Pentagon projects sap manufacturer’s cash flow.
Boeing faces pressure from activist investors and Warren Buffett's interest, signaling potential major changes in the ...
Boeing's sales are projected to reach $100-$110 billion by 2026, with potential EPS growth to $15 by 2028. Read why I upgrade ...
Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show it continues to ...
SEATTLE - Boeing's engineering union is formally investigating claims from its members that the company is moving work to non ...
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