Moreover, Boeing management has already told investors that this will be a year of cash burn, and Wall Street ... Wall Street expects $8 billion in FCF, $10.8 billion in earnings before interest ...
Wells Fargo analyst Matthew Akers has maintained their bearish stance on BA stock, giving a Sell rating on September 13. Matthew Akers has ...
While Machinists strikes aren’t new for Boeing, the stoppage comes as the company faces heightened regulatory scrutiny, ...
If the Fed cuts interest rates today, borrowers will likely see interest rates ease off their peaks on things like credit ...
Boeing’s strained balance sheet and an expected cash burn of at least $5 billion this ... operating loss during the first six months of 2024, slightly worse than a year earlier.
After Boeing workers went on strike Friday, new CEO Kelly Ortberg announced via email that "temporary furloughs" would be necessary to keep the company afloat. Boeing's CFO delivered a sobering ...
Billionaire Kam Ghaffarian's startup wants to build a space station to replace the ISS. But missteps, dire financials and ...
They also maintain their 2024 production guidance from the first quarter. The company expects third-quarter ... a concern to me due to ongoing cash burn and modest production growth.
The risk of a strike at Boeing appears to be growing, as factory workers complain about a contract offer that their union negotiated with the giant aircraft manufacturer. The president of the ...
Burning Cash: The two EV makers ... Lucid has already commenced pre-production of its Lucid Gravity SUV and expects to start production later this year. The Gravity SUV is expected to start ...