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Boeing reports loss on Air Force One but sees progress in turnaround
AFP22d agoneutral
Boeing reports loss on Air Force One but sees progress in turnaround

Boeing reported a bigger-than-expected loss Tuesday fuelled by $280 million in additional costs in outfitting two US presidential planes, but said broad-based revenue growth showed progress after several troubled years.Boeing reported a second-quarter loss of $428 million, smaller than in the year-ago period, but bigger than projected by analysts.

Boeing (NYSE:BA) Posts Better-Than-Expected Sales In Q2 CY2026
StockStory22d agoneutral
Boeing (NYSE:BA) Posts Better-Than-Expected Sales In Q2 CY2026

Aerospace and defense company Boeing (NYSE:BA) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 8% year on year to $24.56 billion. Its non-GAAP profit of $0.76 per share was significantly above analysts’ consensus estimates.

Boeing posts larger-than-expected Q2 loss as Air Force One costs rise
Reuters22d agoneutral
Boeing posts larger-than-expected Q2 loss as Air Force One costs rise

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.

From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOs
The Wall Street Journal22d agoneutral
From Cracker Barrel to Boeing, Companies Are Turning to Retired CEOs

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.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal22d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

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.