Boeing books charges and warns on fourth-quarter revenue and profit
Read more at Financial Times
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Boeing warns investors to brace for steeper quarterly losses, lower revenue
Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.MarketWatch - 1h -
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - 4h -
Travelers Upbeat on Momentum Despite Fires as Fourth-Quarter Profit Surges
The property-and-casualty insurer said the strong results and outlook would allow it to support customers affected by the wildfires that devastated L.A.The Wall Street Journal - 1d -
Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - 2d -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - Jan. 15 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3
More from Financial Times
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Singapore eases monetary policy for first time in 4 years
City-state’s central bank cites ‘trade frictions’ behind move to adjust currency exchange ratesFinancial Times - 1h -
India’s restaurants versus Swiggy and Zomato
Also in this newsletter, Hindustan Unilever readies for Gen Z customers and the 76th Republic Day paradeFinancial Times - 1h -
Profits at Indian banks dented as RBI curbs retail loans
Bad loan provisions also grow after millions of households loaded up on debt during ‘exuberant’ periodFinancial Times - 1h -
Fuchsia Dunlop’s culinary guide to Lunar New Year
The writer, cook and Chinese-food champion gets ready to greet the Year of the Snake. Plus, FT correspondents reveal how their cities will mark the occasionFinancial Times - 2h -
Crypto executive freed after kidnap in France
Assailants demanded large ransom after abduction of Ledger co-founder David BallandFinancial Times - 4h
More in World
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French man on death row in Indonesia expected to return home in two weeks, minister says
Serge Atlaoui is expected to be transferred after an agreement was reached with the government in Paris, Yusril Ihza Mahendra says. A French man who has been on death row in Indonesia since 2007 ...The Guardian - 17m -
Mexico’s Ambitious Plan to Prepare to Receive Its Citizens Deported From the US
The plan, called “Mexico Embraces You,” seeks to reassure undocumented migrants facing expulsion. Some experts question if the government is really ready to reabsorb them.The New York Times - 32m -
Ukraine war briefing: Russians say major oil refinery burning after Ukrainian drone strikes
Trump says Opec should cut oil prices to starve Russia of war funding; Ukraine evacuating children from towns in Kharkiv region. What we know on day 1,066. See all our Ukraine war coverage ...The Guardian - 43m -
French Crypto Entrepreneur and Wife Are Freed After Kidnapping
David Balland, a founder of Ledger, a prominent cryptocurrency company, and his wife were freed after a 48-hour police search. Ten people have been arrested.The New York Times - 56m -
Trudeau says Americans will pay more whenever Trump decides to impose tariffs on Canada
Outgoing Canadian Prime Minister Justin Trudeau says prices for Americans will go up if President Donald Trump follows through with his vow to apply sweeping tariffs on Canadian productsABC News - 1h