When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
The NTSB said Boeing "blatantly violated" rules about investigations. It said a Boeing exec made "unsubstantiated speculations" about the Alaska Airlines blowout.
Boeing's medium-term financial targets look hard to achieve now. Appointing a new CEO is critical to reassure investors the company is on the right track.
The National Transportation Safety Board warned Boeing on Thursday it could lose its status as a party to the probe into a 737 MAX mid-air blowout after it violated rules by providing non-public information to media and speculating about possible causes.
Boeing's recent financial and production challenges following a January mid-air panel blow out will not change their workers' readiness to strike to make gains in bargaining, their union local president told Reuters on Thursday.
Boeing faces production and quality issues with ongoing problems affecting deliveries and investor confidence. Despite debt concerns and execution risks, the company's strategic initiatives and potential for long-term growth make it an attractive investment. Strong demand for new aircraft, a large backlog, and an undervalued stock position Boeing for substantial returns if it can navigate current challenges.
United Launch Alliance CEO Tory Bruno announced that his company will bite the bullet and fly Cert-2 without a customer payload.
The National Transportation Safety Board said early on Thursday it was sanctioning Boeing for disclosing non-public details of the ongoing investigation into a 737 MAX mid-air emergency and referring its conduct to the Justice Department.
Boeing to restart deliveries of single aisle jets in July, good news amid its safety crisis. Delivery stop in China likely due to US-China tensions, not immediate safety concerns. China and Boeing need each other for future growth in the aviation industry, especially as C919 is not yet at required levels to replace Boeing.
The NTSB slammed Boeing after it had "blatantly violated" its rules by providing "non-public investigative information."
A US investigative authority sharply rebuked Boeing for sharing details about an ongoing probe of a near-catastrophic aviation incident that were not supposed to be discussed publicly.
Boeing is being sanctioned by U.S. investigators for sharing information about a federal investigation of a door-plug blowout that left a gaping hole in a Boeing 737 Max 9.