Boeing (BA) reported fourth quarter results that came in below analyst expectations, falling short of revenue targets and reporting an adjusted loss of $5.90 per share. The aerospace giant had previously cautioned investors about the impact of its seven-week factory worker strike. The company also posted a substantial annual loss of $11.83 billion—its largest since 2020's pandemic-driven downturn — and a nearly $4 billion loss for the quarter tied to the machinists union strike that lasted nearly two months this past fall. Morning Brief anchors Seana Smith and Brad Smith examine the quarterly results and analyze the multiple challenges currently facing the aircraft manufacturer. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith
Sales in the company's food service business in the U.S., which caters to offices, amusement parks, casinos, bowling alleys and movie theaters, rose 4.1% in the quarter ended Dec. 28 from a year ago, slower than the 4.6% year-on-year increase in the prior quarter. Higher costs of products such as dairy and poultry have also pressured Sysco's quarterly margins, leading to a 11-basis-point decrease to 18.1% in the second quarter. Sysco is a distributor of a range of food items from meats and fresh produce to frozen foods and baked goods.
The stock market was struggling to claw back from yesterday’s DeepSeek selloff. The Nasdaq Composite was up 0.4%. The S&P pulled back from last week’s record close while the Nasdaq fell more than 3% on Monday amid a steep slide among shares of firms linked to the artificial intelligence trade.
Bain Capital has a 39% stake in the company, according to LSEG data. Shares of Surgery Partners rose 17% in early trading. The proposed premium is probably insufficient, which could invite competing higher bids, a process made more likely by the fact that some strategic and financial buyers have already taken a hard look at the company, Benchmark analyst Bill Sutherland said.
-Boeing CEO Kelly Ortberg said on Tuesday he is "not too worried" about the Trump administration's threats to impose tariffs on trade partners, including countries that are important parts of Boeing’s far-flung supply chain. "This administration’s very focused on jobs, on U.S. jobs, and, as you know, Boeing production is all U.S.-based, and we export these aircraft throughout the world,” he said in an interview. Boeing is working with the administration to speed up delivery of two replacement presidential aircraft, better known as Air Force One, Ortberg said.
The average brokerage recommendation (ABR) for CrowdStrike (CRWD) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?