White House: Obama Speech Focus on Jobs
White House Domestic Policy Director Cecilia Munoz lays out presidential priorities, including action on jobs, immigration and gun control, featured in the State of the Union address. (Feb 12.)
While the top- and bottom-line numbers for Spirit Aerosystems (SPR) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
(Reuters) -Spirit AeroSystems is looking to improve its liquidity, the aerospace supplier said on Tuesday, after its net loss more than doubled in the first quarter due to lower 737 production at its biggest customer, Boeing. Shares of Spirit fell 4.5% before the opening bell, after the Wichita, Kansas-based company burned more cash than expected, using $444 million in the three months ended March 28, compared with $69 million a year earlier. Analysts on average were expecting usage of $108 million for the quarter, according to LSEG data.
“Those people aren’t just being useless (and being coddled to think useless jobs actually matter—they don’t), but they are also taking money away from the rest of the workforce’s retirement programs.”
You won't believe the amount of money that the bottler intends to return to shareholders.
Over the past six years, billionaire Bill Gates has spent more than $113 million purchasing Nebraska farmland and has taken out two loans totaling $700 million against it. Gates owns about 20,000 acres of farmland in Nebraska, where longtime friend and fellow billionaire Warren Buffett resides. The farmland is held by more than 20 shell companies. Why would one of the world's richest people need to take out a loan? Many high-net-worth individuals borrow against their assets if they need money th
Prepare yourself for a big shock.
The Oracle of Omaha's short-term actions and long-term ethos don't always mesh.
While a high yield today is great, finding companies that consistently increase dividends can provide greater returns in the long run. These four companies just took steps to reward their shareholders with higher payouts, demonstrating a commitment to ...
The industrial giant has taken the right actions in cutting its dividend and clarifying its legal issues, and it is now fully in restructuring mode.