Leaders at Boeing Co. have been struggling to turn the company around after years of bad headlines. Now, some investors are hoping they’ll look to a new tactic: selling some of its businesses, which could shore up the company’s balance sheet and lift the stock from its doldrums.
Boeing’s recent troubles —including a strike by 33,000 machinists last fall—have drawn intense scrutiny to the aerospace industry’s treatment of its unionized workforce. Now, as GE ...
GE Aerospace delivered 46% order growth in Q4 FY24. See why we recommend a 'Strong Buy' rating for GE stock with a $250 fair value.
Boeing ( BA 1.50%) will release its fourth-quarter 2024 earnings on Jan. 28. Naturally, investors will eagerly await the company's outlook from CEO Kelly Ortberg (appointed in August). There's plenty of potential for improvement at Boeing.
In a report released yesterday, Jason Sum from DBS maintained a Buy rating on Boeing (BA – Research Report), with a price target of $240.00.
GE Aerospace reported better-than-expected fourth-quarter earnings on Thursday. The 2025 outlook from the company looked solid too. Investors don’t have much to complain about. Shares were rising after the results were released.
GE Aerospace stock surges on strong Q4 earnings, projecting double-digit growth in 2025. Click here to find out why I rate GE stock a Buy.
The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and its dividend by 30%. Production delays at Boeing and Airbus have resulted in longer wait times for new jets.
From repositioning parts to stocking up on materials such as steel and lobbying for tariff exemptions, aerospace suppliers are scrambling to limit tariff risk to their bottom lines. The tariffs, if implemented, could raise costs for already-stressed suppliers and their planemaking customers, such as U.S.-based Boeing.
GE Aerospace reported robust profits last quarter and is in the midst of a $15 billion stock buyback program. Workers say these funds should be redirected into fair wages, secure retirements, better health care and improved working conditions-a necessary investment to attract and retain skilled aerospace talent amid a wave of retirements.
FORT WORTH, TX, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Today, GE Aerospace union workers converged on the 2025 Aero-Engines and Engine Leasing, Trading & Finance (ELTF) Americas Conference with banners ...
CEO Kelly Ortberg took over at Boeing knowing that the company was in trouble. Those troubles added up to an $11.8 billion loss last year, the company reported on Tuesday.