Boeing shares slide; investors brace for slow deliveries, profit hit
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Boeing (BA) Loses $8 Billion in Market Cap as Guidance Sends Shockwaves
January 27, 2016 10:12 AM ESTBoeing (NYSE: BA) is under extreme pressure Wednesday following fourth quarter results but more importantly lower-than-expected 2016 guidance. Shares last traded down over 9%, losing near $8 billion in market cap.
The world's largest jetliner maker reported Q4 EPS of $1.60, $0.34 better than the analyst estimate of... More
