Boeing's plan to ramp up its production levels of 737 Max jets is running behind schedule. The planned increase will take "a little bit longer," CEO Kelly Ortberg said on Wednesday at the Morgan Stanley Laguna Conference in Laguna Beach, Calif. Boeing (BA) stock tumbled as much as 6% on the day, according to MarketSurge.
Shares ended the session at…
Extract — continue reading at the source.
Related stories
Warren Buffett exits Berkshire Hathaway as his son Howard becomes chairman
A sideways market and rising earnings are presenting opportunities not seen since ChatGPT first launched
Howard Buffett to succeed father Warren as Berkshire Hathaway chair
Former shoplifter ran 'steal-to-order' Whatsapp group
Russia seizes control of Nestlé and Auchan operations
The Fed’s never been so confident on economic growth. What investors should do now, according to KKR.