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 ...
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.
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.
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.
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.
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.
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.
Boeing Co.’s potential sale of its Jeppesen navigation unit is attracting major aviation suppliers and private equity suitors ahead of the deadline for first-round bids next week, according to people familiar with the matter.
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.
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President Donald Trump. Optima, headquartered in Quebec,
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.
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.