Stay updated with the latest business news, market trends, expert insights, and industry updates to help you stay ahead in the competitive world of business.
Boeing (BA) reports $3.5 billion operating cash flow loss in Q4 due to IAM strike, workforce reductions, and defense business changes. The company expects revenue of $15.2 billion and a GAAP loss per share of $5.46, both below consensus estimates. Boeing also anticipates pre-tax charges of $1.7 billion in its defense and space business.
Published on: January 24, 2025, 01:01 PM UTC
Verizon Communications (VZ) reported Q4 earnings that beat analyst estimates with wireless subscriber growth and revenue of $35.68 billion.
Published on: January 24, 2025, 01:01 PM UTC
American Express (AXP) Q4 Earnings Miss on Revenue, Net Income In Line; Shares Dip
Published on: January 24, 2025, 01:01 PM UTC
IMF chief says inflation 'genie' mostly back in the bottle, but more work needed
Published on: January 24, 2025, 12:05 PM UTC
First Citizens BancShares Inc. (FCNCA) reported Q4 EPS of $49.21, $5.64 better than estimates, and revenue of $3.7 billion, $160 million above consensus.
Published on: January 24, 2025, 12:05 PM UTC
Canadian helicopter parts supplier Optima Aero moves inventory to minimize risk from potential US tariffs, as aerospace suppliers scramble to limit tariff risk.
Published on: January 24, 2025, 12:05 PM UTC
JSW Steel Ltd. missed profit forecasts due to weak demand and prices. Net income plunged 70% to 7.17 billion rupees ($83.2 million) in the three months through December.
Published on: January 24, 2025, 12:04 PM UTC
Boeing (BA) shares are falling in premarket trading after the plane maker projected a wider-than-estimated Q4 loss of $5.46 per share—far larger than the $1.40-per-share consensus.
Published on: January 24, 2025, 12:04 PM UTC
Venture Global LNG debuts on public markets with a $60.5 billion valuation, making it one of the largest U.S.-listed energy companies amidst rising global LNG demand and pro-energy sector policies.
Published on: January 24, 2025, 12:04 PM UTC
Honeywell CEO Vimal Kapur discusses the company's plans to split into two independent publicly traded entities: one housing its automation division and the other its aerospace business.
Published on: January 24, 2025, 12:03 PM UTC