May 23 (Reuters) - Boeing's cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the company said it would be cash-flow negative in 2024.
The CEO of Triumph Group said May 23 that the tier 2 supplier is cutting its internal shipset delivery expectations for Boeing airliner programs by 20-30%, joining a growing list of Boeing ...
This week, the S&P 500 closed at 5,304.72, while the close last week was 5,303.27. The forward 4-quarter estimate for the S&P 500 dropped a little this week to $252.61 from last week’s $252.93.
Boeing will burn rather than generate cash in 2024 and deliveries will not increase in the second quarter, the company’s finance chief said Thursday, as the planemaker grapples with a full-blown ...
A Boeing 777 jet at its inaugural flight at Paine Field in Everett, Wash., in 2020. The troubled jet maker sowed more discontent on Thursday, saying it will be unlikely to be cash flow positive ...
The shallow 6% dip on the S&P 500 must have been rather disappointing for both the bears and the bulls. From our perspective, we continue to see an improving U.S. macroeconomic outlook that will ...
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The Dow Jones Industrial Average (^DJI) shed 605 points on Thursday, largely due to a steep decline in Boeing (BA) shares. The company's CFO issued a warning about cash flow burn, sending the ...
In the ever-evolving realm of trading, it's easy to succumb to the herd mentality, where buying in bullish markets and selling during bearish phases appears to be the safest approach. Yet ...
The launch of Boeing's star-crossed Starliner spacecraft on its first piloted test flight is slipping to at least June 1 to give engineers more time to assess a small-but-persistent helium leak in ...
After nearly three weeks of exhaustive tests and data analysis, NASA managers said Friday they are confident Boeing's oft-delayed Starliner crew capsule can safely launch "as is" on June 1, saying ...