Boeing stock slides as company posts sharp decline in October ...
9 hours ago · The strike, which began on Sept. 13, was estimated to have cost Boeing, its workers, and suppliers nearly $10 billion in lost wages, earnings, and supplier losses, according to an Anderson ...
Boeing Stock Is Falling. Don’t Blame the Union, Workers Voted
Boeing stock climbed some 2% in premarket trading on Tuesday but was down 2% at $152.07 in afternoon trading. The S&P 500 and Dow Jones Industrial Average were up 1.1% and 0.9%, respectively. The ...
What this Boeing strike is really all about | CNN Business
Sep 14, 2024 · At the heart of the Boeing strike that began Friday is a story about what happens when penny-pinching executives lose the plot and it falls to workers to get everyone back on track.
Boeing delivers fewest planes in years as strike recovery will
9 hours ago · Boeing stock was down about 2.8% on Tuesday afternoon. The shares are down by 42.5% so far this year. As the machinists return to factories this week, Boeing said a full restart will take weeks.
Boeing, in need of cash, looking to raise up to approximately …
Oct 28, 2024 · Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with a contentious strike, faces liquidity issues and tries to raise cash. Boeing Co. said Monday that it will offer 90 million in common stock and $5 billion in depositary shares.
Is this the deal to end Boeing’s crippling 7-week strike?
Nov 1, 2024 · More than 30,000 Boeing workers will vote again Monday on whether or not to end a crippling seven-week strike. The result of that vote will have significant implications not just for them, but...
Boeing Will Sell $19 Billion in Stock as Strike Weighs on Finances
Oct 28, 2024 · Boeing on Monday began to raise roughly $19 billion by selling stock, an attempt to shore up its finances as a costly and disruptive worker strike weighs on the plane maker’s balance sheet.
Boeing reports $6.1 billion third-quarter loss as strike ... - CBS News
Oct 24, 2024 · Boeing reported a massive third-quarter loss of more than $6 billion, as the airplane manufacturer was dragged down by a strike and billions in charges tied to its commercial aircraft and...
Boeing will sell $19 billion in shares to avoid credit downgrade
Oct 28, 2024 · Cash-strapped Boeing can’t afford a credit downgrade to junk as over 32,000 factory workers continue their crippling strike. The company is responding with a long-anticipated share sale, one of the...
Boeing stock falls amid breakdown in union talks, risk of credit …
Oct 9, 2024 · Boeing stock (BA) fell more than 3% on Wednesday after negotiations with its machinist union broke down and the aircraft maker withdrew its contract proposal. The company also faces the threat...