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Tag Archives: ba stock

Boeing Could Halt or Cut 737 Max Production Plan

Boeing mulls pausing Boeing 737 max production as the possibilities for regulatory clearance for the grounded plane’s comeback will probably happen after January 2020.A decision is expected soon as Boeing’s directors are already reviewing the manufacturing plans for the 737 program, the company’s biggest source of cash.Usually, the board would set the company’s dividend for the coming year and decide on its share repurchases. However, the latter was suspended while Boeing deals with the...

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Boeing (BA) Stock Up Despite Falling Short of Wall Street Expectations in Q3 Earnings

The stock of Boeing (BA) rallied 3.5% on Wednesday closing at $340.50 after the company announced its Q3 2019 earnings. However, the share price movement is not in accordance with the dismal performance shown by the company as it falls short of the Wall Street expectations by a huge margin.The Chicago-based airline manufacturer saw a 51% drop in net income. Boeing reported a net income of $1.17 billion in Q3 2019 with the per-share profit shrinking to $1.45 against $2.09 expected by the...

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