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Tag Archives: Boeing

Boeing faces losses in Q3

Boeing, the aerospace company, reported losses in the third quarter of this year, as revealed in Wednesday’s earnings reports. Additionally, the company adjusted its expectations, indicating a lower delivery of 737 MAX aircraft than previously anticipated. The adjusted losses for the American giant company were $3.26 per share, which was …

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Despite Friday’s decline, Dow closes trading week with gains

Despite declining on Friday, the Dow Jones Industrial Average had a good week as investors weighed a disappointing retail sales report that dampened expectations for a stronger-than-expected start to corporate earnings. To reach 33,886.47, the 30-stock Dow fell 143.22 points, or around 0.42%. S&P 500 index decreased 0.21% to 4,137.64. …

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Dow falls for the first time in four sessions amid earnings season

US stocks fell on Wednesday after the latest corporate earnings that fueled existing concerns that some of the most outstanding US companies are struggling amid successive rate hikes and recession concerns.The Dow Jones Industrial Average snapped three days of gains, last down 80 points, or 0.24%. The Nasdaq Composite retreated …

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API: US oil stocks rose by 14.8 million barrels

The American Petroleum Institute said that crude oil inventories rose by 14.8 million barrels in the week ending on the sixth of January. In its weekly report, the Petroleum Institute stated that gasoline stocks rose by 1.8 million barrels, and distillate stocks increased by 1.1 million barrels. Today, Wednesday, the …

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