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Boeing (BA) 4Q 2025 earnings

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Boeing (BA) 4Q 2025 earnings
How Boeing turned things around after years of decline

Boeing reported revenue ahead of Wall Street expectations for the fourth quarter as the company’s turnaround picked up steam following years of crises.

The company’s airplane deliveries last year were the highest since 2018, helping drive revenue. Boeing brought in $23.9 billion in the last three months of 2025, a 57% increase over the same period in 2024 and topping analysts’ expectations. Cash flow of $400 million was roughly double what Wall Street was expecting.

CEO Kelly Ortberg told staff that the company is making progress and that there’s “a lot to be optimistic about” in 2026.

“At the same time, with progress comes expectations, and our customers and stakeholders are going to expect more from us this year,” he said.

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Boeing CEO Kelly Ortberg on Q4 results

Ortberg told CNBC’s Phil LeBeau on Tuesday that the company is expecting positive free cash between $1 billion and $3 billion for 2026.

“That’ll continue to grow as we ramp up production and deal with some of these headwinds that we have to cash flow in the near term,” he said. “We’re marching to this $10 billion free cash flow number and it’s going to take us a little bit of time but we’ve got a methodical plan to get there.”

Here’s how Boeing performed in the fourth quarter, compared with analysts’ estimates compiled by LSEG:

  • Loss per share: $1.12 adjusted vs. a loss of 39 cents expected
  • Revenue: $23.95 billion vs. $22.6 billion expected

That adjusted loss per share excludes a $9.6 billion gain on Boeing’s sale of its Jeppesen aircraft navigation unit. Boeing said that sale boosted its earnings by $11.83 per share, and stripping that out left an adjusted loss of $1.12 per share.

The company beat Wall Street estimates on its commercial airplane revenue, reporting $11.38 billion versus $10.72 billion expected, according to StreetAccount. That marked a nearly 140% increase from the year prior. Its defense unit revenue rose 37% from the fourth quarter of 2024 to $7.42 billion.

Boeing still has a long road ahead to deliver delayed aircraft — some of which haven’t yet won regulator approval — to customers around the world. 

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Boeing delivered 600 airplanes to customers last year, nearly double the number from 2024 and the most since 2018. Ortberg, who came out of retirement to run the manufacturer in 2024, and other executives have said more production increases are on the horizon in the coming months.

Deliveries are key for aircraft manufacturers because customers pay the bulk of an aircraft’s price when they receive it.

For Boeing, it’s a crucial ramp-up after the company has burned through roughly $40 billion since the first quarter of 2019 — when the second of two fatal crashes of the bestselling 737 Max plunged it into crisis for years — through the third quarter of 2025. The Covid-19 pandemic, residual supply chain and labor shortages, and a host of production problems have continued to hamstring the company, the largest U.S. exporter by value.

Boeing handed over 63 jetliners to customers last month, and 44 of those deliveries were 737 Maxes, the manufacturer said earlier this month.

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Airbus still delivered more aircraft last year than Boeing, with 793, though that total is below the record 863 airplanes the European manufacturer handed over in 2019.

But Boeing outsold Airbus with 1,173 net orders in 2025 over its European competitor’s 889 net orders for the year. Airlines are starting to look out to the 2030s, securing delivery slots as they chart growth and replace older, more fuel-thirsty planes. Boeing counts Alaska Airlines and Delta Air Lines as customers in recent weeks for deliveries into the next decade.

Boeing is far from out of the woods, though. Investors will be eager to hear from the company’s leadership about what delivery pace is most realistic this year. The manufacturer still needs the Federal Aviation Administration’s approval for further Max increases beyond 42 per month, a requirement the regulator instated after a near-catastrophic midair blowout of a panel in January 2024.

Investors are likely to seek a firmer timeline for long-delayed 737 Max 7 and Max 10 certification as well as the twin-engine 777X, which will become the largest wide-body in its lineup. They are also looking for an update on Boeing’s defense business, where delays have included the two 747s that will serve as the next Air Force One aircraft.

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Boeing reported fourth-quarter net income of $8.22 billion, or $10.23 a share, up from a loss $3.86 billion, or a loss of $5.46 billion, a year earlier.

Boeing executives will host an earnings conference call at 10:30 a.m. ET.

— CNBC’s Laya Neelakandan contributed to this report.

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Rentokil downgraded at Deutsche Bank on margin, growth gap

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Rentokil downgraded at Deutsche Bank on margin, growth gap

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PWG expands WA footprint with Perth acquisition

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PWG expands WA footprint with Perth acquisition

Partners Wealth Group has acquired Perth-based Investment & Financial Partners, with its acquisitive streak lifting local funds under management to $1.5 billion.

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Markets Start to Recover After Brutal AI Selloff

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Markets Start to Recover After Brutal AI Selloff

Stocks looked set to open in the green Tuesday as investors tried to make sense of yet another selloff tied to worries about rapid advancements in artificial intelligence.

Futures tracking the Dow Jones Industrial Average rose 80 points, or 0.2%. S&P 500 futures were also 0.2% higher, while contracts tied to the tech-heavy Nasdaq 100 were up 0.3%.

The indexes plunged on Monday, with the Dow shedding more than 800 points after a viral blog post by Citrini Research described a hypothetical scenario where AI drives the unemployment rate above 10% by 2028. Shares in food delivery apps, credit-card providers, and alternative asset managers tumbled.

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Government, Minderoo fund $21m Derby early learning centre

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Government, Minderoo fund $21m Derby early learning centre

A $21.4 million early learning centre will be built in Derby through a funding deal inked with the state and federal governments, and Minderoo Foundation.

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Barclays cuts Gossamer Bio stock rating on trial results

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Barclays cuts Gossamer Bio stock rating on trial results

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10 Key Things You Must Know Ahead of February 25 Unpacked Launch

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Samsung Galaxy S26 Ultra

With Samsung’s Galaxy Unpacked event set for Wednesday, February 25, 2026, in San Francisco, the Galaxy S26 Ultra stands poised as the flagship highlight of the 2026 lineup. Leaks, official teasers and promotional materials have revealed a device that refines the formula rather than reinvents it, emphasizing deeper Galaxy AI integration, privacy innovations and efficiency gains from cutting-edge hardware.

Samsung Galaxy S26 Ultra
Samsung Galaxy S26 Ultra

Here are 10 essential details to know about the Galaxy S26 Ultra based on the latest reports as of February 24:

1. **Unveiling Date and Availability**
Samsung will officially reveal the Galaxy S26 series, including the Ultra, at Galaxy Unpacked on February 25 at 10 a.m. PT (1 p.m. ET). Pre-orders are expected to open immediately in many markets, with general availability starting around March 11. The event will stream live on Samsung’s website, YouTube and other platforms, focusing on “the next AI phone” that simplifies daily interactions.

2. **Display: Privacy Display Takes Center Stage**
The 6.9-inch QHD+ Dynamic AMOLED 2X panel returns with a 120Hz refresh rate, up to 2,600 nits brightness and Corning Gorilla Armor 2 protection. The standout upgrade is the exclusive Privacy Display (powered by Flex Magic Pixel technology), which allows users to toggle pixel-level viewing angle restrictions to prevent shoulder-surfing. Leaked hands-on videos show it dynamically obscuring content from side views while remaining clear head-on, a hardware-first approach that could influence competitors.

3. **Processor: Snapdragon 8 Elite Gen 5 Powers It Globally**
Unlike potential regional splits in lower models, the S26 Ultra is expected to feature Qualcomm’s Snapdragon 8 Elite Gen 5 (3nm) chipset worldwide. Benchmarks show strong gains in multi-core performance, AI acceleration and thermal efficiency, positioning it as one of 2026’s most capable Android flagships. Paired with faster LPDDR5X RAM (likely 12GB standard, up to 16GB), it promises smoother multitasking and on-device AI processing.

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4. **Camera: Evolutionary Refinements, Not Revolution**
The quad-camera array remains largely unchanged: 200MP main (with a wider f/1.4 aperture for superior low-light capture), 50MP ultrawide, 10MP 3x telephoto and 50MP 5x periscope. Upgrades focus on hardware like larger apertures on main and zoom lenses, improved sensors and AI enhancements such as seamless Photo Assist editing. Low-light video and zoom quality should see meaningful boosts, though megapixel counts stay the same.

5. **Battery and Charging: Steady, Not Spectacular**
Despite early rumors of a 5,500mAh stacked battery, recent leaks and promo materials confirm a 5,000mAh capacity — unchanged from the S25 Ultra — with up to 31 hours of video playback. Wired charging jumps to 60W (a long-overdue upgrade), reaching 75% in 30 minutes, while wireless charging rises to 25W with Qi2 compatibility. Efficiency from the new chipset should extend real-world endurance.

6. **Galaxy AI: Deeper, More Personal Integration**
Samsung’s AI push continues with features like multi-agent support, Perplexity-powered searches in apps, conversational Bixby and unified camera-to-edit workflows. On-device processing prioritizes privacy, with tools for recreating photo elements and proactive suggestions. The Ultra’s hardware enables faster, more reliable AI without heavy cloud reliance.

7. **Design and Build: Iterative Tweaks**
Expect a familiar titanium frame with flat edges, refined ergonomics and a prominent camera island. Colors include Black, Cobalt Violet, Sky Blue and White, plus online-exclusive options like Silver and Pink Gold. Weight and dimensions stay similar (around 214g, 163.6 x 78.1 x 7.9 mm), with better anti-reflective coating on the display.

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8. **Storage and RAM: Solid Baseline**
Configurations start at 12GB RAM and 256GB storage (UFS 4.0), with options up to 16GB RAM and 1TB. No major changes here, though faster RAM speeds enhance performance. Base models may drop 128GB variants in some regions.

9. **Pricing: Likely Stable, Possible Regional Hikes**
U.S. starting price is rumored around $1,299, matching predecessors, with trade-in credits up to $900. Some markets could see slight increases due to component costs, but pre-order incentives like storage upgrades aim to maintain accessibility.

10. **What Sets It Apart in 2026**
The S26 Ultra combines mature hardware with standout software — Privacy Display, 60W charging and advanced AI — in a polished package. While not revolutionary, it targets professionals and power users valuing privacy, camera consistency and long-term support (seven years of updates promised).

As Unpacked approaches, final details will emerge, but current leaks position the S26 Ultra as a compelling evolution for those upgrading from older models or seeking top-tier Android performance.

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New Frontier for ex-Pacific boss

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New Frontier for ex-Pacific boss

Former long-serving Pacific Energy boss Jamie Cullen been appointed executive chairman of renewables aspirant Frontier Energy.

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A Leading Online Wine Retailer in 2026

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Winexpress.com

Wineexpress.com has established itself as a prominent online destination for wine enthusiasts, offering a wide selection of bottles, gift baskets and accessories since its launch. As the exclusive wine shop partner of Wine Enthusiast Magazine and Catalog, the retailer combines curated selections with value-driven promotions in a competitive direct-to-consumer market facing challenges from declining shipments and economic pressures.

Winexpress.com
Winexpress.com

Here are 10 essential facts about Wineexpress.com based on the latest information available as of February 2026:

  1. Official Partnership with Wine Enthusiast Wineexpress.com serves as the exclusive online wine shop for Wine Enthusiast Magazine and its catalog. This affiliation provides access to expert recommendations, ratings and featured selections from one of the industry’s leading publications. The partnership enhances credibility and allows the site to highlight wines with high scores, such as recent offerings praised in Wine Spectator or Wine Enthusiast lists.
  2. Extensive Global Wine Selection The retailer stocks an extensive range of wines from around the world, organized by varietal, region, type (red, white, rosé, sparkling) and price. Shoppers can browse iconic regions like Napa Cabernet Sauvignon, Tuscany reds, Provence rosé and California Chardonnay. The inventory includes everyday values as well as higher-end bottles, with filters for specific preferences like organic, sustainable or vintage-specific options.
  3. Gift Baskets and Curated Experiences Wineexpress.com specializes in wine gifts, including gourmet baskets featuring California wines, cheeses, chocolates and accessories. Options range from simple bottle-and-chocolate pairings to elaborate hampers for occasions like Valentine’s Day, birthdays or corporate events. The Wine Concierge service offers personalized curation for private celebrations or team-building, including virtual tastings and hosted experiences.
  4. Everyday Free Shipping and Case Discounts A key draw is everyday free shipping on qualifying orders, often combined with case discounts up to 15%. Promotions frequently include percentage-off deals, flash sales and featured bundles. Recent customer feedback highlights reliable free shipping during cooler months, with insulated packaging to protect bottles.
  5. Customer Service and Support The site provides a dedicated Help Center for order inquiries, delivery assistance and product questions. A toll-free number allows direct conversations with wine sales specialists. Customer care emphasizes responsive communication, though some reviews note occasional delays during peak seasons or weather-related holds.
  6. Temperature-Controlled Shipping Practices Wineexpress.com holds shipments during extreme heat to prevent damage, using temperature-controlled warehouses and vehicles when possible. Reviews from 2025-2026 mention nested cardboard protection and no ice packs for longer shipments, with success in non-extreme conditions. Hot-weather concerns persist in some areas, leading to occasional holds or reroutes.
  7. Mixed but Generally Positive Reviews On Trustpilot, Wineexpress.com holds solid ratings, with praise for fast shipping, great deals and wine condition upon arrival. Recent 2026 reviews describe excellent service on cross-country orders and appreciation for in-stock high-rated wines at discounts. However, older complaints include isolated shipping issues in high heat, with some users advising caution during summer.
  8. Active Blog and Educational Content The Expressions blog features wine news, recommendations, vintage insights and educational pieces like “Wine 101: Introduction to Winemaking.” Posts cover topics such as poor vintages offering value and winemaking processes for various styles. A YouTube channel (@WineExpress) hosts virtual tastings and team-hosted videos, helping customers discover new bottles.
  9. Affiliate Program and Multi-Channel Presence An affiliate marketing program rewards partners for referrals, paying competitive commissions. The site supports 24/7 online shopping alongside phone orders. Social media presence on X (@WineExpress) promotes deals, everyday free shipping and Wine Enthusiast ties.
  10. Navigating Industry Challenges Like much of the direct-to-consumer wine sector, Wineexpress.com operates amid a prolonged market downturn. The 2026 Direct-to-Consumer Wine Shipping Report noted record declines in volume and value for 2025 shipments, driven by economic factors and shifting consumer habits. Despite headwinds, the retailer continues emphasizing value, promotions and reliable delivery to maintain appeal.

Wineexpress.com remains a go-to for accessible, curated wine shopping with strong ties to industry expertise. Whether seeking everyday sippers, gifts or educational resources, it offers a convenient platform in a dynamic market.

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The Leading White-Label SEO Platform in 2026

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fatjoe

fatjoe.com has solidified its position as one of the world’s largest providers of outsourced SEO and digital marketing services, delivering more than 241,554 orders since its founding in 2012. As agencies, marketers and in-house teams increasingly turn to scalable, white-label solutions amid evolving search algorithms and rising demand for high-quality backlinks, fatjoe stands out for its productized approach, fast turnarounds and broad service catalog.

fatjoe
fatjoe

Here are 10 essential facts about fatjoe.com based on the latest available information as of February 2026:

  1. Founded in 2012 as a Comprehensive SEO Outsourcing Platform fatjoe was launched by Joe Davies and Joe Taylor with a mission to simplify outsourced marketing deliverables. Headquartered in Cannock, Staffordshire, England, the company has grown into a major player, serving over 40,000 agency accounts worldwide. It emphasizes transparency, no contracts and on-demand ordering, positioning itself as “the smarter way to get SEO done.”
  2. Core Focus on White-Label Services for Agencies and Teams fatjoe specializes in white-label solutions, allowing SEO agencies, digital marketing teams and resellers to offer services under their own branding. This model supports high margins and scalability, with ROI-focused pricing designed specifically for resellers. The platform handles everything from client communication to fulfillment, enabling agencies to expand without building internal teams.
  3. Five Main Service Categories Covering Full SEO Needs The company organizes offerings into Link Building, Digital PR, SEO Services, Content Writing, and Design & Video. Link Building includes blogger outreach, niche edits, guest posts and infographic outreach. Digital PR delivers media placements and campaigns, while SEO covers keyword research, local citations and more. Content Writing provides optimized articles, and Design & Video handles visuals and promotional content.
  4. Extensive Link-Building Marketplace with 10,000+ Websites fatjoe maintains a marketplace of over 10,000 vetted websites for link placements, making it one of the largest in the industry. Services range from high-DA guest posts to scalable outreach campaigns, with a focus on white-hat techniques. Recent reviews highlight reliable delivery, though some users note variability in link quality for budget tiers.
  5. Strong Reputation with High Customer Ratings fatjoe boasts a 4.8/5 rating based on over 1,565 reviews on Shopper Approved and positive feedback on Trustpilot. Customers praise responsive support, fast delivery (often 14 days or less for links) and quality results. In January 2026, it was named the best link-building service for agencies by Investing In Women, citing its scalability and array of options.
  6. Superfast Turnarounds and Productized Pricing One of fatjoe’s key selling points is predictable delivery times and fixed pricing with no hidden fees. Most services launch within days, with many completing in under two weeks. This speed appeals to agencies juggling client deadlines, and the productized model eliminates negotiation, offering clear packages for everything from single links to full PR campaigns.
  7. Commitment to Charity and Ethical Practices For every order placed, fatjoe donates £1 to Birmingham Children’s Hospital Charity. The company promotes ethical, white-hat SEO, avoiding black-hat tactics that risk penalties. It encourages sustainable link-building through relevant, high-quality placements rather than mass low-value links.
  8. Active Content and Education Through Multiple Channels fatjoe maintains a YouTube channel (@fatjoewho) with over 5,740 subscribers, releasing tutorials on SEO, link building and digital PR. The blog features case studies, such as a successful Digital PR campaign for Wolf River Electric, and industry insights like link-building statistics for 2025-2026. These resources help users stay updated on best practices.
  9. Mixed but Generally Positive Industry Feedback While many praise fatjoe for affordability, volume and agency-friendly features, some Reddit discussions and independent reviews note inconsistencies in lower-tier link quality. Users describe it as budget-friendly for bulk campaigns but recommend higher packages for premium results. Overall, it’s viewed as reliable for agencies scaling outreach without in-house effort.
  10. Continued Growth and Adaptation in a Competitive Market As of early 2026, fatjoe has expanded into AI-enhanced SEO tools and multilingual outreach, adapting to Google’s evolving emphasis on quality content and E-E-A-T signals. With thousands of agencies relying on it, the platform remains a go-to for outsourced deliverables, helping businesses navigate increasing SEO complexity.

fatjoe.com continues to thrive by prioritizing simplicity, speed and scalability in an industry often criticized for opacity. Whether for agencies reselling services or teams handling in-house SEO, it offers a streamlined alternative to building everything from scratch. As search competition intensifies, platforms like fatjoe play a key role in helping marketers focus on strategy over execution.

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At Close of Business podcast February 24 2026

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At Close of Business podcast February 24 2026

Mark Pownall talks to Elisha Newell about how Wesbeam has overcome significant challenges.

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