Similar Stories to Boeing To See $5.6 Billion Hit On 737 Max Groundings on Bing News

MarketWatch.com - Top Stories, MarketWatch
Thu, 07/18/2019 - 2:02pm

Boeing Co. said late Thursday it will record an after-tax charge of $4.9 billion, or $8.74 a share, in the second quarter in connection with the 737 Max groundings. That will result in a $5.6 billion dent in revenue and pre-tax earnings in the quarter, the company says.

PREV NEXT
Topics:  boeing co   max   billion   quarter   
BING NEWS:
  • FBI warns of uptick in scams targeting older people
    Ahead of World Elder Abuse Awareness Day on June 15, the Federal Bureau of Investigation warned it has seen a double-digit increase in reported elder fraud cases.
    06/14/2024 - 7:09 am | View Link
  • Tesla shareholders approve Elon Musk's $56B pay package
    Tesla shareholders voted to reinstate Elon Musk's massive $56 billion compensation package and to move its incorporation headquarters to Texas at the company's annual meeting Thursday.
    06/13/2024 - 1:09 am | View Link
  • Change is wanted: Activist investor discloses $1.9 billion stake in Southwest Airlines
    Elliott Investment Management disclosed a $1.9 billion stake in Southwest Airlines. The company has been grappling with revenue growth.
    06/11/2024 - 12:40 am | View Link
  • Activist investor slams Southwest Airlines CEO, board for ‘poor execution,’ seeks new leaders
    Elliott, known for pushing for change to boost shareholder returns, said Southwest CEO Bob Jordan has delivered “unacceptable” financial and operational performance quarter after quarter, resulting in ...
    06/10/2024 - 9:20 am | View Link
  • Investment firm alleges Southwest failed to keep up with other airlines and suffers from outdated technology and operations
    Activist shareholder Elliott Investment Management has bought a $1.9 billion stake in Southwest Airlines and is seeking to force out the CEO of the airline.
    06/10/2024 - 3:44 am | View Link
  • More
PREV NEXT

 

PREV NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News