BA Jun 2024 135.000 put
- Yahoo Finance Video
Boeing CFO warns of slow deliveries, negative cash flow
Boeing (BA) stock is falling off in Thursday's trading session as CFO Brian West warns that the airline manufacturer anticipates slowing fleet deliveries and negative free cash flow. Market Domination's Josh Lipton and Julie Hyman report on West's statements and what they may mean for Boeing's future. In an interview with Yahoo Finance on Wednesday, US Secretary of Transportation Pete Buttigieg said Boeing still has "a long way to go" as the Federal Aviation Administration (FAA) continues its review on Boeing production concerns. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Bloomberg
Boeing Shares Decline After CFO Walks Back 2024 Cash-Flow Target
(Bloomberg) -- Just months after ending a five-year hiatus, Boeing Co. has again stopped delivering airplanes to customers in China, a fresh roadblock in the company’s push to restore its battered reputation. Most Read from BloombergNvidia Stock Surges as Sales Forecast Delivers on AI HopesHarvard Students Walk Out of Commencement Protesting SuspensionsStocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets WrapIsrael to Restart Gaza Talks After Hostage Video Sparks OutrageSpaceX Weighs Plan
- Reuters
Boeing updates training for new hires in manufacturing and quality
Its new hires will now receive 10 to 14 weeks of foundational skills training before moving to the production floor, which is one to two weeks more on average per employee than in the past. At its Renton training center, Boeing has installed a section of 737 fuselage for employees to practice skills such as wiring installation and identifying potential defects.
