Boeing Co
Stocks generating the major moves midday: Nvidia, Boeing, Live Country Leisure and additional
Look at out the firms producing headlines in midday trading. Nvidia — The chipmaker and artificial intelligence beneficiary spiked 11% just after Nvidia posted robust fiscal 1st-quarter final results , issued superior-than-predicted guidance and declared a 10-for-1 stock break up. Other AI and connected semiconductor names rallied on the effects. Super Micro Pc shares rose […]
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Boeing expects negative free cash flow, slow recovery in aircraft deliveries, CFO says
An American Airlines Boeing 737 MAX 8 flight from Los Angeles approaches for landing at Reagan National Airport shortly after an announcement was made by the FAA that the planes were being grounded by the United States in Washington, U.S. March 13, 2019. Joshua Roberts | Reuters Boeing will burn through cash this year and […]
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Boeing deliveries to China delayed by condition regulator evaluate, Reuters resource states
An aerial picture shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Boeing’s aircraft deliveries to China have been delayed in recent months owing to a Chinese regulatory evaluation of batteries connected to the cockpit voice recorder, a resource familiar […]
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Travellers on flight strike by extreme turbulence get there in Singapore
Passengers of Singapore Airways flight SQ321 from London to Singapore, which manufactured an unexpected emergency landing in Bangkok, greet household users on arrival at Changi Airport in Singapore on May 22, 2024. Roslan Rahman | Afp | Getty Images SINGAPORE — A lot more than 140 travellers and crew that ended up on the Singapore […]
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China sanctions Boeing, two U.S. defense contractors for Taiwan arms sales
Wang Wentao, China’s commerce minister, attends a news conference on the sidelines of the National People’s Congress in Beijing, China, on Wednesday, March 6, 2024. Bloomberg | Bloomberg | Getty Images China’s Ministry of Commerce announced sanctions against Boeing and two other defense companies Monday for arms sales to Taiwan, on the day of Taiwan’s presidential […]
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Campus protests have called for schools to divest from Israel. Here’s how that would actually work
Student protests against the ongoing Israel-Hamas conflict have brought battalions of police in riot gear to college campuses, enraged some billionaire donors, and led to canceled graduation ceremonies. One constant refrain at these protests is the call for college endowment funds to divest from Israel and the many American companies that do business there. Tech […]
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Boeing shareholders re-elect departing CEO Calhoun to board
Boeing CEO Dave Calhoun speaks briefly with reporters as he arrives for a meeting at the office of Sen. Mark Warner (D-VA) on Capitol Hill January 24, 2024 in Washington, DC. Drew Angerer | Getty Images Boeing shareholders voted to re-elect the outgoing CEO Dave Calhoun to the board of directors, a preliminary tally on […]
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Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
A Boeing 737 MAX-10 lands over the Spirit AeroSystems logo during a flying display at the 54th International Paris Air Show at Le Bourget Airport near Paris, France, on June 22, 2023. Benoit Tessier | Reuters Aerospace supplier Spirit AeroSystems on Thursday said it will lay off some of its workers because of slower delivery […]
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United Airlines says FAA cleared it to add new aircraft, routes after safety review
A United Airlines 737 Max 8 Leslie Josephs | CNBC United Airlines said the Federal Aviation Administration has cleared it to add new aircraft and routes months after the regulator stepped up its scrutiny of the carrier after several safety incidents. “Today, we got some good news: after a careful review and discussion about the […]
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David Tepper’s Appaloosa is betting big on Chinese tech stocks
Billionaire investor David Tepper’s hedge fund increased its bets on Chinese tech stocks during the first three months of 2024, while dialing back exposure to some key domestic names. Appaloosa Management’s quarterly report on Wednesday showed that Alibaba is now its top holding after buying several hundred million dollars worth of shares. Similarly, the fund […]
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