Boeing Co
Stocks making the biggest moves midday: Boeing, Vistra, Match Group and more
Check out the companies making headlines in midday trading. Pinterest – Shares tumbled 12% after the social media company’s forward guidance came in below estimates. The company issued third-quarter revenue guidance in a range between $885 million to $900 million, below the $908.6 million consensus estimate analysts polled by FactSet were forecasting. Second-quarter earnings and […]
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Stocks making the biggest moves premarket: Pinterest, Match Group, Advanced Micro Devices and more
Check out the companies making headlines before the bell: DuPont — Shares popped 5% on the back of better-than-expected results in the second quarter. The chemical maker earned 97 cents per share, excluding certain items, on revenue of $3.17 billion. Analysts expected a profit of 85 cents per share on revenue of $3.05 billion, according […]
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Boeing taps former Collins Aerospace CEO Kelly Ortberg to replace Dave Calhoun
Kelly Ortberg, chief executive officer of Rockwell Collins Inc., stands for a photograph at the company’s production facility in in Manchester, Iowa, U.S., on Wednesday, Aug. 31, 2016. Daniel Acker | Bloomberg | Getty Images Boeing has named Robert “Kelly” Ortberg to succeed CEO Dave Calhoun, picking a longtime aerospace veteran from outside the company […]
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Boeing is set to report results before the market opens. Here’s what Wall Street expects
A logo is seen on the Boeing stand on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | AFP | Getty Images Boeing is set to report results before the market opens on Wednesday. Analysts are expecting another loss and lower revenue for the […]
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S&P 500 futures are little changed as Wall Street awaits Fed decision: Live updates
Traders work on the floor of the New York Stock Exchange on July 22, 2024. Timothy A. Clary | AFP | Getty Images S&P 500 futures are near flat Tuesday night as investors parsed the latest earnings reports and readied for the Federal Reserve monetary policy decision coming Wednesday afternoon. Futures tied to the broad […]
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At the year’s biggest air show, Boeing and Airbus orders were muted. Supply chain worries were not
An Airbus A321 flies at the Farnborough International Airshow, in Farnborough, Britain, July 22, 2024. Toby Melville | Reuters FARNBOROUGH, England — Massive airplane orders, hundreds deep in recent years, were absent from this year’s biggest air show. The focus instead was on struggles at Boeing and Airbus to ramp up airplane production while battling […]
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Boeing’s crewed Starliner flight won’t return until at least August, NASA says
Boeing’s Starliner spacecraft is pictured docked to the International Space Station. NASA Boeing’s crew spacecraft Starliner will stay docked with the International Space Station into August, NASA confirmed on Thursday, as the mission remains on hold while the company and agency study problems that arose early in the flight. Starliner capsule “Calypso,” which carried NASA […]
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Southwest profit falls 46% as airline takes ‘urgent’ steps to increase revenue
Southwest Airlines airplanes are serviced at their gates at Fort Lauderdale-Hollywood International Airport on May 18, 2024, in Fort Lauderdale, Florida. Gary Hershorn | Corbis News | Getty Images Southwest Airlines on Thursday forecast a potential drop in unit revenue for the third quarter as an oversupplied U.S. market has forced airlines to discount tickets […]
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Southwest to get rid of open seating, offer extra legroom in biggest shift in its history
A Southwest commercial airliner takes off from Las Vegas on Feb. 8, 2024. Mike Blake | Reuters Southwest Airlines is ending open seating and will offer extra legroom seats on its airplanes as mounting pressure on the carrier to increase revenue prompts the biggest changes to its business model in its 53 years of flying. […]
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CNBC Daily Open: Wall Street looks past political uncertainty
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 22, 2024. Timothy A. Clary | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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