Arconic Inc. said it expected to lose $400 million in sales and could cut jobs this year as a result of Boeing Co.’s halted production of the 737 MAX. However, shares of the supplier rose 5.4% to $30.67 after it reported a higher profit for its latest quarter. Chief Executive John Plant said on an investor call that uncertainty over MAX production...
Source: Wall Street Journal January 27, 2020 19:25 UTC