News Source: Los Angeles Times
| about 1 month ago
Boeing's plane troubles lead to a $1.6-billion loss. Northrop Grumman Corp. on Wednesday said it posted lower third-quarter profit because of higher pension expenses, but the results surpassed analysts' expectations and the company lifted its profit...
News Source: Seattle Times
| about 1 month ago
Biotechnology company Amgen Inc. says lower costs for sales and research pushed third-quarter profit up 24 percent, despite a continued downturn in anemia drug sales. Profit rose to $1.39 billion, or $1.36 per share, from $1.12 billion, or $1.05 per...
News Source: The State
| about 1 month ago
tool goes here Airplane maker Boeing says it will announce the location of a second assembly line for its long-delayed 787 jetliner in the next couple of weeks. CEO Jim McNerney says Boeing has narrowed the choices to Charleston, and Everett, Wash.,...
News Source: Simi Valley - Moorpark Examiner
| about 1 month ago
In this Sept. 9, 2009 file photo, a visitor looks at the model of a Boeing 747-8 at the Asian Aerospace International Expo in Hong Kong. Boeing Co. said Wednesday, Oct. 21, 2009, it lost $1.6 billion in its third quarter because of problems with two...
News Source: Xtra News
| about 1 month ago
Boeing announced a disappointing quarter Wednesday, posting a loss of 1.56 billion dollars on hefty charges to modify its 787 Dreamliner and the new version of its 747 jumbo jet. Although the charges had been previously announced, the loss amounting...
News Source: Independent
| about 1 month ago
Boeing today posted a third-quarter loss and reduced their full year profit forecast following $3.5bn in charges for delays to its new 787 Dreamliner and 747-8 jumbo jet programmes. The net loss was $1.56bn compared with net income of $695m a year...