Hobart is one of many suppliers that dot Boeing's home turf around Puget Sound in Washington state, and the Bresters had planned to double their four-person workforce to meet Boeing's ambitions for increased production of its best-selling 737 jets. Hobart supplies parts to larger companies that sell directly to Boeing. Those plans are now up in the air after U.S. regulators curbed Boeing's production following a mid-air jet panel blowout, and the Bresters are not alone.
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Nvidia’s $50 Billion Share Buyback Is an Epically Bad Decision That Sends the Wrong Message to Wall Street and Investors
Although share repurchases are known for lifting earnings per share (EPS) and instilling confidence in investors, Nvidia’s decision to announce a hefty buyback program will struggle on both fronts. Source
