Stocks were headed for a lower open Wednesday, as investors remained nervous about the corporate results being reported.
Boeing expects to take a $1 billion pre-tax charge against its the third quarter results due to higher production costs and tough market conditions related to its 747-8 program, the company said in a statement released Tuesday.
Inside a freezer in a research laboratory at the University of Washington are blood and blood plasma samples from 92 people who suffer from mysterious illnesses, including tremors, memory loss and severe migraine headaches.
Boeing beat analysts' estimates, posting a 17% increase in second-quarter profits compared to 2008. Under normal circumstances that would be cause for the Street to celebrate, but the good news was overshadowed by the lack of news about the jet Boeing's future is hanging on -- the 787 Dreamliner.
A former engineer for Rockwell International and Boeing was convicted Thursday of economic espionage and acting as an agent of China, authorities said.
Boeing will slash about 1,000 jobs from its Integrated Defense Systems department because of funding cuts by the Pentagon, according to a memo to employees. These cuts are in addition to previously announced job cuts at the aerospace giant.
We now know that Boeing's super-cool, and super-late, 787 Dreamliner is going to be earthbound a bit longer. The world's largest commercial aircraft maker announced that during "static" testing they noticed stress where the wings are joined to the body of the plane, a factor that hadn't been predicted in computer models.
Boeing's 787 Dreamliner airplane is facing yet another delay, the company announced Tuesday, this time saying it needed to reinforce a section of the aircraft before starting test flights.
Boeing stock has plunged as air travel swoons globally. This year is expected to be only the third time air traffic has declined in its 50-year history.
Boeing is asking pilots who fly its 737 jets to pay careful attention to flight instruments after Dutch investigators said a faulty altimeter contributed to the recent crash of a 737 in the Netherlands.
Stocks were headed for a lower open Wednesday, as investors remained nervous about the corporate results being reported.
Boeing expects to take a $1 billion pre-tax charge against its the third quarter results due to higher production costs and tough market conditions related to its 747-8 program, the company said in a statement released Tuesday.
Inside a freezer in a research laboratory at the University of Washington are blood and blood plasma samples from 92 people who suffer from mysterious illnesses, including tremors, memory loss and severe migraine headaches.
Boeing beat analysts' estimates, posting a 17% increase in second-quarter profits compared to 2008. Under normal circumstances that would be cause for the Street to celebrate, but the good news was overshadowed by the lack of news about the jet Boeing's future is hanging on -- the 787 Dreamliner.
A former engineer for Rockwell International and Boeing was convicted Thursday of economic espionage and acting as an agent of China, authorities said.
Boeing will slash about 1,000 jobs from its Integrated Defense Systems department because of funding cuts by the Pentagon, according to a memo to employees. These cuts are in addition to previously announced job cuts at the aerospace giant.
We now know that Boeing's super-cool, and super-late, 787 Dreamliner is going to be earthbound a bit longer. The world's largest commercial aircraft maker announced that during "static" testing they noticed stress where the wings are joined to the body of the plane, a factor that hadn't been predicted in computer models.
Boeing's 787 Dreamliner airplane is facing yet another delay, the company announced Tuesday, this time saying it needed to reinforce a section of the aircraft before starting test flights.
Boeing stock has plunged as air travel swoons globally. This year is expected to be only the third time air traffic has declined in its 50-year history.
Boeing is asking pilots who fly its 737 jets to pay careful attention to flight instruments after Dutch investigators said a faulty altimeter contributed to the recent crash of a 737 in the Netherlands.
Boeing Co. reported an unexpected fourth-quarter loss Wednesday and forecast 2009 earnings well below Wall Street estimates as it grapples with a dip in demand for its planes while airlines feel the pain of recession.
Aircraft maker Boeing, one of the few employers that added workers through the nationwide labor market downturn last year, announced Friday it will cut 4,500 jobs this year, undoing the employment gains it achieved in 2008.
High net-worth individuals will always find ways to enjoy, celebrate and flaunt their wealth -- the yacht at Monte Carlo, the chateau, the vineyard and the Rolls Royce Phantom. The very wealthy add to this their private jets -- Gulfstreams and Lears -- providing mobile bedrooms and boardrooms for upwards of four people.
Machinists union members ratified a new contract with The Boeing Co. on Saturday, ending an eight-week strike
Boeing and its largest union reached a tentative agreement on a new four-year contract that could end a strike that has shut down the company's commercial airplane operations since early September.
A week ago, there was one sector of the battered U.S. economy that was performing particularly well - aerospace manufacturing.
Workers at Boeing walked off the job on Saturday after nearly two days of around-the-clock talks failed to avert what could one of the nation's most disruptive strikes in more than a decade.
Boeing Co. machinists walked out on strike Saturday after talks with a federal mediator failed to produce an agreement
Nearly two days of round-the-clock talks aimed at averting a strike at aircraft maker Boeing broke down Friday evening, setting the stage for what could be one of the nation's most disruptive strikes in more than a decade.
Leaders of Boeing Co.'s Machinists union called for a strike Friday after deciding a proposed labor contract the aerospace company called its "best and final" offer wasn't good enough
Boeing Co. is considering bailing out of a politically charged competition for a $35 billion contract to build aerial refueling tankers for the Air Force, if it does not receive an additional four months from the Pentagon to assemble its offer
European plane maker Airbus emerged as the clear winner at the Farnborough International Airshow on Thursday after racking up plane orders dwarfing the deals done by U.S. rival
The world's largest air show opened Monday with several new orders for Boeing Co. and aerospace executives upbeat about the future of the industry despite high fuel prices and the credit crisis
Who should win? Who will win? Don't ask Richard Zoglin. But here's his ballot, with his annotated choices
The Dreamliner is a plane that many people never expected to be built, especially by Boeing. A sizable camp believed that Boeing, the outfit that ushered in the Jet Age, no longer had the right stuff to build an entirely new airliner.
Boeing Co., the world's second biggest commercial airplane manufacturer, said Wednesday that it earned a better-than-expected $1.2 billion in the first quarter
Stocks rose Wednesday as investors welcomed better-than-expected results from Boeing and anticipated a strong showing from tech companies reporting after the bell.
When Boeing Company announced Wednesday yet another delay in the production of its upcoming 787 commercial jet, company executives moved fast to convince Wall Street and its customers that it could deliver on its promises.
The Boeing Co. delayed its 787 jetliner program again, pushing back its expected debut in commercial service to the third quarter of 2009 as it continues grappling with problems involving its supply chain and the need to redo work done by contractors
An Air Force pilot injured when his F-15C fighter broke apart over Missouri in November is suing Boeing, the plane manufacturer, over the accident, according to the pilot's lawyer.
Despite protest on Capitol Hill, a tanker contract awarded to an Airbus-led consortium reflects the realities of a global aircraft market to which the U.S. firm will have to adapt to survive
Stocks pared earlier losses Monday morning as oil prices set a new trading high and investors looked past signs of weakness in the manufacturing sector.
U.S. stocks eased at Monday's open, with investors considering some comments about the economy and awaiting a key report on manufacturing.
The U.S. Air Force on Friday announced one of the largest military acquisition programs in U.S. history, saying the service had chosen Northrop Grumman over Boeing to replace its aging air refueling tanker fleet.
The U.S. Air Force is expected to announce this week a $40 billion contract to replace its aging fleet of air refueling tankers, a process which has been mired in corruption and political wrangling for years.
It's a scenario befitting a Hollywood thriller.
Stocks skidded at the start of trading Friday as the December employment report came in much weaker than expected.
The outlook for stocks turned sour Friday after a government report showed that jobs grew much less than expected last month.
When Henry "Bud" Hebeler was winding down his career at Boeing nearly 20 years ago, he was appalled at the advice he got from retirement planning software.
U.S. stock futures were weaker Wednesday, as a bigger-than-expected writedown of assets at No. 1 brokerage firm Merrill Lynch again brought attention to problems in the credit markets.
The United States' payment of illegal subsidies to Boeing Co. has cost rival plane maker Airbus $27 billion in lost revenues over the past three years, the European Union said Wednesday.
Boeing Co.'s new 787 jetliner will not begin flight testing until mid-November or mid-December, months later than originally planned, because it's taking longer than anticipated to get the first plane ready, the head of the company's commercial airplanes unit said Wednesday.
Boeing Co. on Wednesday reported a higher-than-expected second-quarter profit and raised its full-year forecast as it ramped up delivery of its hot-selling commercial planes, sending its stock to an all-time high.
What's green and plastic and costs $10 billion dollars? The newest addition to Boeing's fleet: the 787 Dreamliner
Wall Street looked set for an upbeat opening Monday as traders geared up for the beginning of the earnings reporting period.
The Boeing 787 Dreamliner is aptly named. When it lifts off the runway at PAE Paine Field in Everett, Wash. for its first test flight this summer, it will carry the dreams of more than 900 small subcontractors that helped create it. With 584 copies on order as of June, it's the fastest-selling new plane in the history of commercial aviation and will keep Boeing and its suppliers busy for a decade or longer.
Boeing Co. unveiled its lightweight, carbon-composite 787 Dreamliner Sunday in front of 15,000 cheering employees, customers and suppliers, capping a weekend of hype and a flurry of orders for the new fuel-efficient plane.
German low-cost airline Air Berlin said it ordered 25 of Boeing Co.'s new 787 Dreamliner planes, in a deal worth $4 billion at list prices.
The eyes of the aviation industry will be on the 787 Dreamliner's unveiling on Sunday but is the fastest selling airliner in history ready for its close-up?
When Boeing showed interest in Thermion System's wing de-icing technology in 2002, the startup thought it had arrived. "Getting on the 787 would have given us the Good Housekeeping seal of approval," says Thermion vice president Jeffrey Parkin. The company, based in Stratford, Conn., says it spent $10 million to perfect its system. But because Boeing wouldn't buy directly from such a small outfit, it hooked up with industry giant GKN Aerospace (aerospace.gknplc.com), which went on to win a 14-year contract to make part of the de-icing system. In 2004, GKN issued a press release announcing a partnership with Thermion to work on the 787, but no contract was signed and Thermion (thermion.com) received no orders. With its hopes circling the drain, Thermion filed a $75 million lawsuit last October, alleging that GKN had substituted its own technology to grab a greater share of the 787 contract. Officials at GKN decline to comment. The case has been sent to arbitration in Britain (where
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The head of Boeing Co.'s commercial aircraft unit Sunday backed a call by rival Airbus to work closely on producing more environmentally friendly planes, but said real progress was the responsibility of jet-engine makers, rather than plane builders.
Times have never been headier for Boeing. It booked record orders in 2005 and 2006. Its new 787 is scheduled for rollout on July 8 - that's 7/8/07. The Dreamliner, as it is known, is living up to i...
Any multimillionaire can buy a plane these days -- worldwide shipments of private jets jumped 18 percent in 2006, their third straight year of double-digit growth, according to the General Aviatio...
Charles Schwab, which made its name as a no-frills discount broker, is building quite a reputation for stock picking. Since the company began using its Schwab Equity Ratings system in 2002, its mod...
Last month Airbus began painting the Singapore Airlines livery on its first A380 superjumbo, due for delivery in October this year, while Boeing continues to receive healthy orders for its 787 Dreamliners.
It would be a dream come true for the airline industry: a plane that uses up to 30 percent less gas to reach its destination, compared with today's jets. That's the promise of the blended-wing, a r...
It would be a dream come true for the airline industry: A plane that uses up to 30 percent less gas to reach its destination, compared with today's jets.
Boeing Friday took the first step towards shutting down production of the C-17 military jet, a move that could cost 7,000 jobs by 2009, due to lack of additional orders for the aircraft.
Boeing Co. is offering to install advanced antijamming technology on some future commercial satellites for the first time as protection against terrorists and hostile governments, the Wall Street Journal reported.
Stocks dipped early Monday as investors eyed higher oil prices and a downgrade of Dow component Boeing at the start of a busy week for company earnings.
From cell phone use to high-speed Internet access, the connected life is spreading to the skies.
A futuristic new jet hopes to be the biggest revolution in commercial aircraft design in fifty years.
Here are some of the big movers just before Tuesday's closing bell:
Friday's preliminary report on gross domestic product showed growth at an annual rate of only 1.6 percent. That was disappointing - most economists were expecting around 2 percent.
Posted: October 23, 2006
Boeing ranks no. 91 on FORTUNE's Global 500 this year, with $54.8 billion in revenues, up 4.4% from the previous year. The Chicago, Illinois-based company was ranked no. 76 on the 2005 list. Its 2005 profits were $2.6 billion, up 37.4% from a year earlier. 2005 was a banner year for most Global 500 companies.
Blue-chips dipped near midday Thursday, retreating after a four-day advance, but the tech sector managed to stabilize after a shaky morning.
Stocks crept lower Thursday morning, as investors showed some caution after a four-day advance in the face of a mild August retail sales report.
Stocks slipped Wednesday morning after a key measure of inflation in the morning's reading on second-quarter productivity revived concerns about the economy.
Aircraft maker and defense contractor Boeing could be liable for further payments due to an ongoing Air Force review of a tainted cargo-plane contract stretching back to 2000, according to a published report.
It wasn't that long ago that Boeing appeared to be what General Motors is today: A lumbering giant struggling to fight off a more nimble competitor from overseas.
Forget big metal birds of steel, the aircraft of the future will be constructed out of non-metal materials.
Three Republican senators have written to Attorney General Alberto R. Gonzales questioning Boeing's settlement with the Department of Justice that may allow the plane maker to write off the $615 million fine as a tax deduction, according to The New York Times.
The dollar has been in a slide for the past three years, and that's generally a good thing for the earnings of big U.S. companies; our products are cheaper for foreigners whose currencies are risin...
The dollar has been in a slide for the past three years, and that's generally a good thing for the earnings of big U.S. companies; our products are cheaper for foreigners whose currencies are rising relative to the dollar.
Stocks got off to a positive start Monday as a big acquisition from Dow component Boeing buoyed sentiment and investors cheered an upbeat report on consumer spending.
Stocks gained Wednesday morning, as strong earnings tempered worries about rising interest rates, sparked by the morning's stronger-than-expected read on durable goods orders.
When you're trying to decide which areas of the stock market look most promising, consider where our society is putting its resources. Right now a disproportionate share is going to the military.
Boeing's now-discredited ex-CEO Harry Stonecipher, who worked with the company for only two months of last year, cashed in $11 million in incentive awards before he was forced out in a fallout over an extramarital affair with a female employee, according to a report published Tuesday.
The Nasdaq climbed Thursday morning, extending the recent two-day advance, but the Dow industrials struggled amid weakness in component Boeing following a downgrade.
Air travel has spread its wings even farther with a record-breaking 22-hour Boeing flight from Hong Kong to London, but will ultra long-haul flights last the distance in a competitive air industry?
What is on your 2006 wish list when it comes to business travel?
12 Who Fell Off
Stocks slipped Wednesday morning, as weaker-than-expected earnings from Amazon.com and Boeing and a rise in Treasury yields offset any benefit from falling oil prices.
New earnings disappointments from Amazon.com and Boeing hit stocks early Wednesday, although futures got some support from lower oil prices ahead of the closely watched U.S. fuel inventory report in the minds of investors early Wednesday.
Stocks look to get a lift Monday from falling energy prices after Hurricane Rita proved less destructive to the nation's energy sector than earlier feared.
Falling oil prices and a mostly solid August jobs report gave a modest lift to stocks early Friday.
Blue chips gained and the broader market drifted as investors welcomed upbeat earnings from Amazon, Boeing and others, but remained in cautious mode.
THE OPENING OF THE PARIS AIR SHOW in mid-June could signal the emergence of a new top gun: Boeing. Yes, after years of scandal, both sexual and ethical, along with a general corporate paralysis, th...
[HIT] What happens when you've got a good crystal ball ... For years Airbus has been giving Boeing a drubbing--especially with the A330, a competitor to Boeing's 767. But thanks to a smart bet it m...
The innovative carrier plane used to air launch SpaceShipOne has a new mission. At the Mojave, California inland spaceport, the White Knight mothership has been involved in fit and high-speed taxi checks with a new passenger -- the X-37, an unpiloted, reusable space plane.
The board of India's state-owned international airline, Air-India, approved an order to purchase 50 Boeing aircraft worth $8 billion Tuesday, Boeing executives in Mumbai confirmed to CNN.
Stocks rallied Monday, recovering from Friday's selloff, powered by a merger in energy, an upbeat read on housing and an upgrade of tech stock favorite Apple Computer.
A New York-based defense contractor is facing a federal criminal probe over faulty electronic parts built by one of its units, according to the Wall Street Journal.
Boeing CEO Harry Stonecipher resigned Monday, just over a year after he took the top job at the embattled aircraft maker and defense contractor, due to what the company said was an improper relationship with a female executive.
Stocks crept higher early Thursday, supported by sliding crude oil prices and a surprise drop in jobless claims.
In 2001, everything was looking up for Scott Carson, head of Boeing's Connexion division. Less than a year after launching the unit to outfit planes with Wi-Fi, the 31-year Boeing veteran had persu...
The best performing Dow stock this year is one that's had more than its share of trouble with investors in recent years -- Boeing Co.
The next generation of passenger jets from the world's biggest airplane manufacturers will soon be coming off the production line.
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