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Boeing says fixing 737 Max will cost it $1 billion. Jet-maker pulls its 2019 forecast, suspends stock buybacks.

Boeing estimates that it will spend $1 bill.....»»

Category: topSource: chicagotribuneApr 24th, 2019

Boeing"s troubled jet is costing $1 billion to fix so far

Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people......»»

Category: topSource: moneycentralApr 24th, 2019

Boeing"s troubled jet is costing $1 billion to fix so far

Boeing is already estimating a $1 billion increase in costs related to its troubled 737 Max and has pulled its forecast of 2019 earnings because of uncertainty surrounding the jetliner, which remains grounded after two crashes that killed 346 people......»»

Category: topSource: moneycentralApr 24th, 2019

Defending against Xerox, HP doubles down on share buybacks, cost cuts

HP Inc said on Monday it would step up efforts to slash costs and buy back stock, as it seeks investor support to defend against a $35 billion takeover offer from U.S. printer maker Xerox Holdings Corp ......»»

Category: topSource: reutersFeb 24th, 2020

The Tell: Stock buybacks of $570 billion next year may support the S&P 500 even if there’s a recession, report says

According to French bank Societe Generale, stock buybacks for S&P 500 companies may reach $570 billion in 2019......»»

Category: topSource: marketwatchNov 13th, 2019

GE lifts forecast but warns Boeing grounding may cost $1.4 billion

General Electric Co raised its 2019 forecast on Wednesday, but disclosed more than $1 billion in potential costs from Boeing's grounded 737 MAX jetliner, puncturing an early share rally......»»

Category: topSource: reutersJul 31st, 2019

Apple Repurchased a Whopping $24 Billion in Stock Last Quarter

The Mac maker provides its annual update to its capital return program, expectedly focusing on buybacks again......»»

Category: topSource: foxnewsMay 8th, 2019

Boeing suspends forecasts amid 737 MAX troubles

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months......»»

Category: videoSource: reutersApr 24th, 2019

Boeing scraps its 2019 forecast and halts buybacks as 737 Max crisis continues

“How did this happen?” That question, posed.....»»

Category: topSource: latimesApr 24th, 2019

Boeing abandons outlook, takes $1 billion cost hit in MAX crisis

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far......»»

Category: topSource: reutersApr 24th, 2019

Boeing abandons financial outlook, sees $1 billion in extra cost on 737 MAX

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far......»»

Category: topSource: reutersApr 24th, 2019

Boeing abandons financial outlook, stops buybacks after 737 MAX groundings

Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and announced $1 billion in increased costs due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months......»»

Category: topSource: reutersApr 24th, 2019

The Latest: Boeing pulls 2019 forecast, suspends buybacks

The Latest on Boeing Co.'s quarterly results......»»

Category: topSource: foxnewsApr 24th, 2019

Boeing pulls 2019 forecast, suspends buybacks as 737 Max takes toll on earnings

Boeing is pulling its 2019 forecast over 737 Max .....»»

Category: topSource: chicagotribuneApr 24th, 2019

Boeing pulls 2019 forecast and suspends buybacks in aftermath of 737 Max crashes

Boeing is pulling its 2019 forecast over 737 Max .....»»

Category: topSource: latimesApr 24th, 2019

Investors Are Missing How Far Caterpillar Has Dug Into Costs

The heavy-equipment maker is producing more machines from fewer assembly lines. Such moves could allow it to report record operating profits in 2019 despite sales that are $9 billion less than peak. Caterpillar stock could turn into a butterfly......»»

Category: topSource: barronsMar 21st, 2019

Boeing stock tumbles again as 737 MAX groundings spread

Boeing's stock losses mounted to more than $20 billion in two days as more countries, including the United Kingdom, grounded the plane maker's 737 MAX 8 aircraft Tuesday after the deadly crash of a Nairobi-bound Boeing 737 MAX 8......»»

Category: topSource: moneycentralMar 12th, 2019

Boeing stock tumbles again as 737 MAX groundings spread

Boeing's stock losses mounted to more than $20 billion in two days as more countries, including the United Kingdom, grounded the plane maker's 737 MAX 8 aircraft Tuesday after the deadly crash of a Nairobi-bound Boeing 737 MAX 8......»»

Category: topSource: moneycentralMar 12th, 2019

Boeing stock sinks again as 737 MAX groundings spread

Boeing's stock losses mounted to more than $20 billion in two days as more countries, including the United Kingdom, grounded the plane maker's 737 MAX 8 aircraft Tuesday after the deadly crash of a Nairobi-bound Boeing 737 MAX 8......»»

Category: topSource: moneycentralMar 12th, 2019

Boeing stock sinks again as 737 MAX groundings spread

Boeing's stock losses mounted to more than $20 billion in two days as more countries, including the United Kingdom, grounded the plane maker's 737 MAX 8 aircraft Tuesday after the deadly crash of a Nairobi-bound Boeing 737 MAX 8......»»

Category: topSource: moneycentralMar 12th, 2019