Boeing (BA) Tells Suppliers To Disclose Titanium Paperwork By August 9 - Reuters

Key things to watch when Boeing reports on Wednesday

July 30, 2024 4:00 PM EDT

As Boeing (NYSE: BA) prepares to report its second-quarter earnings on Wednesday, there are several critical areas that analysts and investors should monitor closely, according to a note from Stifel analysts.

Production Expectations: The investment firm says Boeing's production plans for the 737 MAX will be under scrutiny.

They believe analysts will be keen to see if the company reiterates its goal of reaching 38 units per month before year-end and what steps are necessary to lift the current FAA cap of 38 units per month. Additionally,... More

Boeing (BA) Tells Suppliers To Disclose All Paperwork On Titanium Bought From China Since 2014 - Reuters

July 26, 2024 2:05 PM EDT

Boeing (NYSE: BA) Tells Suppliers To Disclose All Paperwork On Titanium Bought From China Since 2014 - Reuters

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Southwest Airlines reports Q2 results ahead of estimates, plans to end open seating

July 25, 2024 6:46 AM EDT

Southwest Airlines (NYSE: LUV) saw its shares slip in premarket trading Thursday despite reporting Q2 earnings and revenue that beat analyst estimates.

The US carrier posted Q2 earnings per share (EPS) of $0.58, surpassing the consensus estimate of $0.52. Revenue came in at $7.35 billion, also ahead of the consensus projection of $7.32 billion.

Still, the companys shares fell more than 2% in the... More

Boeing finalizes 737 MAX guilty plea deal, US outlines reasons

July 24, 2024 7:01 PM EDT

By David Shepardson, Allison Lampert and Chris Prentice

(Reuters) -Boeing finalized a guilty plea to a criminal fraud conspiracy charge and agreed to pay at least $243.6 million after breaching a 2021 agreement with the U.S. Justice Department, according to a court filing on Wednesday.

The planemaker allowed potentially risky work at its factories and did not ensure key airplane record keeping was accurate or complete, the Justice Department said as it outlined why it believed the planemaker had violated the 2021 deferred prosecution agreement.

Boeing on July 7 agreed in principle to plead guilty to conspiring to defraud the Federal... More

Goldman Sachs Shares Six new Catalyst-Based Idiosyncratic Trades (AAPL) (SNOW) (IBM) (EBAY)

July 24, 2024 7:48 AM EDT

Goldman Sachs Shares Six new Catalyst-Based Idiosyncratic Trades.

The analyst comments "Along with modest weakness in the US equity market over the past week, the Momentum factor saw a reversal in trend (-1.8% vs. +15.0% YTD) and Growth continues to be the worst performing factor this year (-9.5% YTD) after... More