Boeing reveals more job cuts amid 737 MAX issues, pandemic

Boeing’s third-quarter earnings report was accompanied by a warning about more job cuts as fallout from the 737 MAX aircraft problems continues. The airplane maker and defense contractor reported lower-than-expected losses and higher-than-expected revenue during the quarter but the problems with its flagship airplane and the COVID-19 pandemic are proving to be too much.Q3 2020 hedge fund letters, conferences and moreBoeing’s earnings resultsBoeing reported adjusted losses of $1.39 per share, compared to the $2.38 per share in losses analysts were expecting. GAAP losses amounted to 79 cents per…

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HEDGE accordingly