May 18, 2024
Home Boeing Co
Funds

Renaissance Technologies, Two Sigma among funds that dumped Boeing in first quarter

  • May 15, 2024

By David Randall NEW YORK (Reuters) – Renaissance Technologies, Two Sigma Investments and Arrowstreet Capital were among large firms that sold all their shares of embattled aircraft maker Boeing Co in the first quarter, according to securities filings released on Wednesday. Renaissance Technologies sold 1,057,900 shares in Boeing over the first quarter, a position that

Read More
Finance

Boeing’s financial woes continue, while families of crash victims urge US to prosecute the company

  • April 25, 2024

Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers. CEO David Calhoun said the company is in “a

Read More