deficit

Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

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Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more

Boeing employees refuse updated agreement, corporation reports $6 billion deficit

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Boeing employees refuse updated agreement, corporation reports billion deficit

Boeing had a challenging day that was expected to improve on Wednesday night. However, it did not as more than 32,000 striking factory workers rejected Boeing’s latest contract offer after the company reported a $6 billion loss for the quarter. With production at Boeing’s facilities in the Pacific Northwest halted, the company’s bargaining power seems … Read more