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What's Going On With Boeing's Shares On Tuesday
Tuesday, June 18, 2024 - 11:17am | 507Shares of aircraft giant Boeing Co. (NYSE:BA) are trading lower on Tuesday. Boeing is facing fresh allegations from a quality inspector, over the alleged mishandling of hundreds of defective parts potentially installed on new 737 Max aircraft, even as the aircraft maker continues to face scrutiny...
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Boeing Stock Takes Off After US Aviation Bill Passes, But Possible Turbulence Ahead With Legal Uncertainties
Thursday, May 16, 2024 - 12:03pm | 707Boeing Co (NYSE:BA) is facing a mix of regulatory changes, potential legal challenges and technical indicators that suggest a cautious outlook. Here’s a closer look at the recent developments and what they mean for Boeing stock investors. Aviation Bill Boosts Boeing Stock The U.S. House of...
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2 Boeing Whistleblowers Die Within Weeks Of Each Other
Thursday, May 2, 2024 - 3:37pm | 762Boeing Co (NYSE:BA) shares are trading higher on Thursday, inline with a broader market upswing in response to a Wednesday decision by the Fed to keep interest rates steady for the upcoming period. The company appeared unaffected by the latest chapter in its saga of bad publicity: the sudden death...
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Does Boeing's Q1 Earnings Beat Offer A Buy-The-Dip Opportunity While Investors Stay Bearish?
Wednesday, April 24, 2024 - 12:34pm | 552Boeing Co (NYSE:BA) is currently a mixed bag. The Arlington County, Virginia-based company reported better-than-feared quarterly results and noted stabilization in its 737 Max supply chain, despite outrage and potential lawsuits over two tragic crashes. Outgoing CEO Dave Calhoun continues to tout...
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Boeing Will Deliver Q1 Earnings While At Center Of Air Safety Scandal: 'Everybody Wants Boeing To Succeed' (CORRECTED)
Monday, April 22, 2024 - 5:33pm | 1127Editor’s note: This story has been corrected to reflect that Boeing reports earnings premarket Wednesday. As the market awaits Boeing Co's (NYSE:BA) earnings call this week, investors are wondering whether the company's results will be strong enough to counter recent scandals hunting the...
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Boeing Investors Favor 'Clear Favorite Candidate' For CEO As Market Challenges Persist
Tuesday, April 16, 2024 - 12:27pm | 575As Boeing Co (NYSE:BA) continues to tread a turbulent trajectory, with its stock down 32% YTD, investors are getting more anxious with each passing day. Now, with the company reporting in 8 days, investors and analysts are pivoting their attention to its Q1 earnings. Boeing’s New CEO...
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Boeing Severs Ties With Lobbying Firm Involved In 737 Max Crisis Management: Report (CORRECTED)
Tuesday, April 16, 2024 - 10:05am | 706Editor’s note: The headline of this story has been corrected to fix a spelling error. In a strategic shift, Boeing Co. (NYSE:BA) reportedly parted ways with the lobbying firm that played a pivotal role during one of the company’s most challenging periods. What Happened: Boeing ended its...
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Boeing Stock Down 25% Year-To-Date: Emergency Landing In Minnesota Worsens Turbulent Trajectory
Monday, April 1, 2024 - 11:22am | 733Boeing Co (NYSE:BA) faces a challenging year, with its stock plummeting 25% year-to-date. The recent emergency landing of a Delta Air Lines flight at Minneapolis-St. Paul International Airport (MSP) further compounds the company’s turbulent trajectory. Chart: Benzinga Pro The Delta flight,...
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Outgoing Boeing CEO Vows Persistence In Crisis Aftermath: 'We Have Another Mountain To Climb'
Monday, March 25, 2024 - 3:38pm | 849David Calhoun, the CEO of Boeing Co (NYSE:BA), has stepped down along with chairman Larry Kellner in the wake of an investigation by federal authorities into the January Alaska Airlines (NYSE:AAL) incident when a door panel blew out in mid-flight. Calhoun has said he will stay on until the end of...
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Boeing CEO Dave Calhoun To Resign In 2024: 'Eyes Of The World Are On Us' (UPDATED)
Monday, March 25, 2024 - 9:02am | 613Editor’s note: This story has been updated with additional details. Boeing Co. (NYSE:BA) CEO Dave Calhoun is set to resign by the end of 2024, marking a major leadership transition for the aerospace titan, the company said Monday. This announcement is part of a comprehensive management...
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Congressman Sells Boeing Stock Day Before DOJ Investigation: Why The Trade From Top Trader Is Drawing Scrutiny
Thursday, March 14, 2024 - 1:36pm | 535The stock and option trades made by members of Congress have drawn increased scrutiny from investors and the general public. One recently disclosed trade is drawing red flags across social media. What Happened: The timing of trades made by members of Congress can often alarm experts who follow...
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Emergency Landings Put Boeing Under Further Pressure: 'Serious Transformation' Needed, Says Buttigieg
Thursday, March 14, 2024 - 12:26pm | 861When it rains, it pours for Boeing Co. (NYSE:BA) as a string of recent mechanical failures that forced emergency landings have highlighted. The company, which came under investigation by the U.S. Federal Aviation Administration (FAA) in January after a door panel blew out in mid-flight, remained...
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Boeing Shares Tumble After FAA Investigation Fails 33 Out Of 89 Audits
Tuesday, March 12, 2024 - 6:01pm | 797Boeing Co (NYSE:BA) was reported on Tuesday to have failed 33 out of 89 audits carried out by the Federal Aviation Administration following the Alaska Air (NYSE:ALK) incident in January in which a door panel blew out of a 737 Max jet. Share in Boeing fell 4.2% to $184.40 in midday trade in New York...
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Boeing 737 Max Door Plug That Flew Off Alaska Air Flight Missing 4 Key Bolts: Preliminary NTSB Report
Tuesday, February 6, 2024 - 5:02pm | 467Preliminary findings from an independent investigation show that a handful of key bolts appear to be missing from the door plug that blew out of a Boeing Co (NYSE:BA) 737 Max 9 plane midflight in early January. What To Know: New photos released Tuesday appear to show four key bolts were missing ...
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Airline CEOs Express Frustration With Boeing's Failures: 'This Isn't New'
Friday, January 26, 2024 - 4:45pm | 649Boeing Company (NYSE:BA) shares have had a down week after the Federal Aviation Administration (FAA) barred Boeing from expanding production of its 737 Max jets late Wednesday. Airlines are forecasting losses resulting from the fallout, and executives are speaking out about Boeing's quality control...