By Dan Catchpole, Allison Lampert and David Shepardson SEATTLE (Reuters) -Boeing warned on Thursday that it expected a fourth-quarter loss of about $4 billion to close a year marred by a production quality crisis,

The machinist strike and Pentagon projects have sapped the manufacturer’s cash flow.

Boeing said it expects a fourth-quarter GAAP loss of $5.46 a share, well above the $1.55-a-share loss that Wall Street forecast.

The company's shares rose 6.5% in trading before the bell after GE Aerospace also announced plans to increase its share buybacks to $7 billion in 2025 and dividend by 30%. Production challenges at Boeing and Airbus have resulted in longer wait times for airlines to take delivery of new jets,

In a report released today, Chloe Lemaire from Jefferies maintained a Buy rating on Boeing (BA – Research Report), with a price target of

Boeing Co. said it incurred nearly $3 billion worth of charges in the fourth quarter of 2024 due to a lengthy labor stoppage, job cuts and problems with a number of government programs

Texas Instruments reported lower profit and revenue in the fourth quarter, while its first-quarter outlook missed expectations. The chipmaker reported a profit of $1.21 billion on revenue of $4.01 billion,

Boeing announced fourth quarter details showing it lost last year about $11.8 billion, the second heaviest loss in Boeing history.

President Donald Trump said he would ask Saudi Arabia and other OPEC nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addressed world leaders in Davos.