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Boeing workers vote on a new contract

Boeing posts a $6 billion loss as striking workers vote on a new contract

Boeing reported a staggering loss of $6 billion dollars in the third quarter. The disappointing earnings report comes the same day as striking machinists are voting on a new contract offer.

ABC · 21m

Boeing workers vote on proposal that could end strike

The strike was set to cost Boeing $108 million per day in lost revenue, amounting to as much as $5.5 billion in losses should the work stoppage last 50 days, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 40 days.

Yahoo Finance on MSN · 32m

Boeing reports $6B quarterly loss with big union vote looming

Boeing (BA) released third quarter earnings on Wednesday morning, highlighting the precarious nature of the plane maker ahead of another momentous event: a labor vote set for later Wednesday. Boeing reported a net loss of $6.

Boeing CEO presses turnaround

Business Insider on MSN · 2h

Boeing's CEO lays out his 4-part turnaround plan to fix 'festering of issues' in a memo to employees

Boeing's CEO revealed a 4-part turnaround plan on Wednesday. In a memo to employees, he promised improved culture and better execution. The struggling planemaker is facing a machinists strike that could end Wednesday.

Reuters on MSN · 3h

Boeing CEO presses turnaround as loss balloons to $6 billion

By Abhijith Ganapavaram and Allison Lampert (Reuters) -Boeing CEO Kelly Ortberg laid out a turnaround plan on Wednesday, calling for a "fundamental culture change" at the struggling planemaker as its quarterly losses surged to $6 billion due to a crippling strike.

CNN · 3h

Boeing CEO says the company must fundamentally change as losses surge

Boeing reported huge quarterly losses Wednesday, as new CEO Kelly Ortberg conceded “it will take time to return Boeing to its former legacy.”

Boeing-made satellite explodes in space

CBS News · 2h

Boeing-made satellite explodes in space after experiencing an "anomaly"

Since the breakup, the U.S. Space Force is now tracking "around 20 associated pieces" of the satellite in space.

Live Science · 18m

Boeing-made satellite shatters in orbit, and nobody knows why

The Boeing-made Intelsat 33e satellite broke apart in orbit over the weekend. But company representatives don't yet know why.

BBC · 11h

Boeing-made satellite breaks up in space

"We are coordinating with the satellite manufacturer, Boeing, and government agencies to analyse data and observations," Intelsat said. Boeing did not comment directly on the incident, referring BBC News to Intelsat's statements.

Q3, ap and Boeing

Houston Chronicle · 3h

Boeing: Q3 Earnings Snapshot

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Boeing Co. (BA) on Wednesday reported a loss of $6.17 billion in its third quarter. On a per-share basis, the Arlington, Virginia-based company said it had a loss of $9.97. Losses, adjusted for non-recurring gains, came to $10.44 per share. The results did not meet Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of $10.34 per share. The airplane builder posted revenue of $17.84 billion in the period, meeting Street forecasts. Boeing shares have dropped 39% since the beginning of the year, while the S&P's 500 index has climbed 23%. The stock has decreased 12% in the last 12 months.

Business Insider · 3h

The Boeing Co. Q3 Loss Increases

The Boeing Co. (BA) reported Loss for its third quarter that increased from the same period last year The company's bottom line

SFGate · 4h

Coca-Cola: Q3 Earnings Snapshot

The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. The world's largest beverage maker posted revenue of $11.85 billion in the period,

Can Boeing’s Cultural Shift Overcome Failures And Reclaim Leadership?

Boeing's cultural transformation aims to overcome the 737 MAX crisis, improve program execution, and rebuild investor trust, ...

New Boeing CEO is 'saying the right things' to investors amid weak Q3 results

Boeing (BA) has posted its third quarter earnings, posting a $6.17 billion loss — its biggest quarterly loss since 2020. The ...

Boeing Machinists appear split on offer to end strike as they cast ballots

The union members will vote until 5 p.m. today on the contract offer, after Boeing earlier announced another staggering ...

1hon MSN

New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense ...

WFXR Roanoke on MSN1d

Tentative deal to end Boeing strike

Tentative deal to end Boeing strike ...

1don MSN

The Boeing strike could end this week. The stakes are huge

Boeing’s (BA) future could hang in the balance of a union ratification vote on Wednesday. Over the weekend, the International Association of Machinists and Aerospace Workers (IAM) told its members ...

4hon MSN

Boeing is set to report earnings for first time under CEO Ortberg. Here's what Wall Street expects to hear

Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense ...

Boeing strike costliest in economic damage so far in 2024

Boeing and its striking union machinists have reached a tentative deal that could end the work stoppage, which analysts say ...

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Boeing workers vote on a new contract

Boeing CEO presses turnaround

Boeing-made satellite explodes in space

Q3, ap and Boeing

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