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Boeing reported a surprising $3.3 billion loss for the third quarter Wednesday, as revenue fell short of expectations and it took huge losses for fixed-cost government programs including new Air Force One presidential jets.
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Microsoft shares sank about 5 percent after the company reported that quarterly earnings dropped 25 percent. The Redmond-based software giant is trying to…
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Microsoft shares slumped more than 3 percent after the company reported a net loss of $3.2 billion in the most recent quarter as it wrote down much of the…
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Amazon shares jumped more than 5 percent after the company provided results for its cloud-computing business for the first time and showed it to be more…
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Investors are becoming more optimistic about Boeing’s ability to generate cash even as deferred costs continue to mount for the 787 Dreamliner program.…
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Microsoft’s profit dropped 11 percent in the most recent quarter, partly due to expenses connected to layoffs after the company’s purchase of the Finnish…
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Amazon disappointed investors Thursday by posting a bigger loss than expected, sending its shares down 11 percent in after-hours trading.Analysts and…
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Boeing Chief Executive Jim McNerney says he understands that shifting engineering work away from Washington state may be controversial, but he says these…
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Microsoft sales and profit rose less than analysts expected in the most recent quarter as the company continues to struggle with slow adoption of its…
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Nordstrom says profit and sales climbed in the most recent quarter, although earnings came in just below what analysts predicted.Nordstrom says men’s…