Cost-cutting, Pricing Pressure And Sec Probe Hit Boeing Stock Again

By Scott Hamilton Seattle, Feb. 11, 2016: The bad news just keeps on coming for Boeing. The negative surprise last month of lower-than-expected 2016 earnings and aircraft delivery guidance sent stock plunging as low as 10% off the previous day’s close. Yesterday, Ray Conner, the CEO of Boeing Commercial Airplanes (BCA), told the [...]

BING NEWS:
  • Boeing CEO’s penchant for cost-cutting doesn’t apply to his trips on the company jet
    To get it in your inbox, sign up for free, here. New York CNN — When it comes to building planes, Boeing CEO Dave Calhoun is all about streamlining costs. An accountant by training, Calhoun has ...
    04/12/2024 - 1:00 am | View Link
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