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Boeing (NYSE:BA) reported second-quarter revenue of $24.6 billion, up 8% from a year earlier, as higher commercial airplane deliveries and increased defense volume lifted results across its three business segments. The company posted a core loss per share of $0.76, an improvement from the prior year
Boeing's defense segment flipped from profit to loss despite posting double-digit revenue growth, and a single line item on one troubled government contract tells the whole story.
Interest rates have not moved since December's quarter-point cut to a range of +3.50-3.75%.
The plane maker posted a loss as it invests to ensure the presidential plane can be delivered by 2028.
Stock Market Today: The Dow Jones index rose, but tech futures dropped as chip stocks Micron and Sandisk dived. Coca-Cola jumped on earnings.
SEATTLE, July 28 (Reuters) - Boeing on Tuesday reported a larger-than-expected quarterly loss after taking a $280 million charge on its troubled Air Force One replacement program, but generated positive free cash flow as its turnaround plans gained momentum. It took the charge due to higher engineering costs to ensure it delivers the two delayed U.
According to a report, seats on some of the aircraft maker’s models weren’t correctly installed in their seat tracks, the Federal Aviation Administration said.
In January, a headhunter from search firm Spencer Stuart started calling restaurant industry executives with a proposition: Would you come to Cracker Barrel as the next CEO? Cracker Barrel’s decision to select a 69-year-old former restaurant executive to lead the chain highlights the emerging practice of boards calling in retired chief executives from the sidelines to help engineer high-profile turnarounds. In recent years, Boeing Verizon Communications and others have all chosen once-retired CEOs.
July 28 (Reuters) - Nasdaq futures fell on Tuesday, mirroring a cautious mood across global markets toward AI chip stocks on concerns about hefty corporate spending and rising Chinese competition,
Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Tuesday, Jul. 28, including the July consumer confidence reading and quarterly earnings from Ford (F), Visa (V), and Boeing (BA).
Boeing reports second quarter numbers on Tuesday. Wall Street is looking for an operating profit of about $460 million up from a year-ago operating loss of almost $200 million.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
Boeing's Biggest Test Yet Arrives Tuesday as Turnaround Gains Steam
(Bloomberg) -- The latest transatlantic technology brouhaha unfolded on Instagram. Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksTrump Seethes as Iran War Spirals Anew With No End in SightAwakened Indian Students Hand Modi One of His Biggest SetbacksDuring a week in June when the leaders of the Group of Seven descended on France and Paris held
This is a huge earnings week, with nearly a third of S&P 500 companies reporting. The Fed is expected to hold rates steady after its confab ends Wednesday, and we’ll see key inflation data on Thursday.
IBM says it’s acquiring HRL Laboratories to accelerate its roadmap in fault-tolerant quantum computing. But does that warrant buying IBM shares today?
Alaska Air Group (NYSE:ALK) reported a second-quarter loss but told analysts that improving revenue trends, completed integration work and easing fuel costs position the company for a stronger second half of 2026. Ryan St. John, vice president of finance, planning and investor relations, said Air G
The European stock markets closed higher in Wednesday trading as strong earnings reports outweighed
RTX (NYSE:RTX) is set to report its earnings on Thursday, July 23, 2026. The company has $261 billion in current market capitalization. Revenue over the last twelve months was $90 billion, and it was operationally profitable with $9.8 billion in operating profits and net income of $7.3 billion. While a lot will depend on how results stack up against consensus and expectations, understanding historical patterns might just turn the odds in your favor if you are an event-driven trader.
By Sarah Young FARNBOROUGH, England, July 22 (Reuters) - BAE Systems revealed a new unmanned fighter jet on Wednesday, boosting Britain's entry into one of the defence industry's hottest and most