The Boeing Company (BA)
Boeing CEO Kelly Ortberg needs to change the company culture, says Yale's Gautam Mukunda
Gautam Mukunda, professor of management at the Yale School of Management, joins 'Squawk Box' to discuss the state of the machinist strike at Boeing, the challenges facing the company and CEO Kelly Ortberg, and more.
Boeing tees up $35bn funding through share sale and loans
Boeing Co (NYSE:BA, ETR:BCO) has unveiled plans to raise US$35 billion (£26.8 billion) through share sales and a new loan as issues for the planemaker pile up. Plans were laid out for a US$25 billion stock and debt offering in a regulatory file on Tuesday, which also showed Boeing had agreed to a US$10 billion credit facility.
Boeing gets 3 analyst price target cuts a week ahead of earnings
Boeing's (NYSE: BA) long-haul flight to the bottom of the stock price chart doesn't look like it will end any time soon — on October 14, a week before the company's October 23, Q3 2024 earnings report, three equity researchers from major Wall Street firms revised their price targets downward.
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said it could raise as much as $25 billion to shore up its balance sheet. The company said in a separate filing that it has reached a $10 billion credit agreement with banks.
Boeing to Sell Stock to Raise Cash. It Isn't About the Strike.
Aerospace firm Boeing disclosed it plans to raise up to $25 billion by selling securities. The company had about $20 billion in total liquidity at the end of September.
Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts
Boeing is raising $10 billion as a machinists' strike enters its fifth week. In a regulatory filing Tuesday, the planemaker said it had entered a credit agreement with Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase.
Boeing files registration statement for securities, stock sale of up to $25 bln
Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up to $25 billion through an offering of various debt securities and classes of stock.
Boeing enters $10 billion credit agreement as it moves to boost liquidity
Boeing Co.'s stock BA rose 2.8% premarket Tuesday, after the aerospace giant said it has entered a $10 billion supplemental credit agreement with a group of banks, easing concerns about its liquidity position.
Boeing enters $10 bln credit agreement with banks amid crippling strike
Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt maturities.
Boeing factory workers to rally in Seattle as strike enters second month
Boeing factory workers will hold a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the troubled planemaker further into financial crisis.
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations. Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead.
Boeing to issue layoff notices to thousands next month, union and source say
Boeing will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.
