Boeing Company (BA)
Boeing: Buy or sell?
Matthew Akers, Wells Fargo Securities analyst, and Richard Safran, Seaport Global Securities senior analyst, join CNBC's 'The Exchange' to discuss Boeing's third quarter losses, their outlook the stock, and more.
Boeing's strike is 'a metaphor' for a decade of issues: Barron's associate editor
Boeing (BA) has released its preliminary third quarter earnings results, projecting a larger-than-expected loss. The aerospace giant also announced plans to cut approximately 17,000 jobs, representing 10% of its workforce.
Stock Of The Day: Boeing Stock Sells Off As Support Collapses, Job Cuts Loom
The Boeing Company BA announced plans to reduce its headcount, following the stock breaking below a key support level. As traders and investors who created the support with their buy orders have either completed their transactions or withdrawn, Boeing's stock is showing signs of further downward pressure.
Boeing: A Perfect Storm of Trouble Is a Loaded Buying Opportunity
The world's largest manufacturer of airplanes, The Boeing Co. NYSE: BA, can't seem to catch a break; following Murphy's Law, everything that can go wrong did. In Boeing's case, trouble with the Federal Aviation Administration (FAA) concerning safety compliance and production issues, financial issues threatening a rating agency downgrade, swelling debt of nearly $60 billion and strike negotiations with its 33,000 machinists hitting a dead end.
Boeing Plans 17,000 Job Cuts as CEO Ortberg Shakes Up Plane Maker
Boeing (BA) shares fell in early trading Monday after the troubled plane maker announced a slew of cost-cutting measures and billions of dollars of upcoming charges, among the most radical measures by CEO Kelly Ortberg, who took the reins in August.
Boeing factory strike crosses 1-month mark as pressure mounts on new CEO
Boeing's CEO Kelly Ortberg was already taking the top job during a difficult year for Boeing. Now, he said the company plans to cut 10% of its workforce in "the coming months.
The risk for Boeing right now is overpromising and underdelivering, says RBC's Ken Herbert
Ken Herbert, RBC Capital aerospace and defense analyst, joins 'Squawk box' to discuss the challenges facing Boeing, impact of the machinists strike on the company, state of the aerospace and defense sector at large, competition with Airbus, and more.
Boeing fine-tunes job cuts as major buyer slams 777X jet delay
Boeing faces a crucial test with employees, customers and investors after announcing 10% job cuts and $5 billion in charges as a crippling machinists strike enters a fifth week.
Boeing Q3 Commercial & Defense Deliveries Increase Y/Y, Lag Airbus
BA recorded a year-over-year increase of 10.5% and 21.4% in commercial and defense shipments, respectively, in the third quarter of 2024.
Why Is the Pentagon Buying $12 Billion Worth of Bombs and Missiles From Boeing, Lockheed Martin, and RTX?
Winning contracts is great, collecting revenue is even better. Best of all, though, is being able to earn a profit on that revenue.
Boeing Adds Layoff, $5 Billion Charge to Endless Doom Loop
Boeing shares are falling after the company announced it will recognize $5 billion in earnings charges and is reducing the size of its total workforce by roughly 10%. Chief Executive Officer Kelly Ortberg also hinted at a broader review of structure to get the planemaker back on course in an Oct. 11 memo to workers.
Boeing Stock Is Falling. Layoffs and Earnings Are Coming as Strike Continues.
On Friday, Boeing announced a big third quarter loss and huge layoff of some 17,000 workers.
