The Boeing Company (BA)
Boeing Withdraws Offer To Strikers; S&P Global Warns of Debt Downgrade
Boeing (BA) shares fell Wednesday after the plane maker withdrew its contract offer for its striking machinists and S&P Global put its bond rating on a watch list.
Boeing strike a 'near-term blip': Portfolio manager
Shares of Boeing (BA) are under pressure as negotiations between the aircraft manufacturer and its striking factory workers broke down this week. Gabelli Funds portfolio manager Tony Bancroft joins Morning Brief to discuss how the International Association of Machinists and Aerospace Workers (IAM) union strike is weighing on the aerospace giant.
Boeing Strike, Nvidia Highs And FOMC Minutes
Stocks staged broad rallies on Tuesday with the S&P 500 jumping nearly 1% and Nasdaq Composite gaining 1.45% Small cap stops were flat on the day and the Dow Jones Industrial Average gained 0.3%.
Boeing Strike Drags On Dow As Talks Collapse, Payment Offer Withdrawn
Boeing and its mechanist union held an unproductive round of talks on Monday and Tuesday. Boeing stock falls as the strike continues.
Boeing Stock Faces Strike Turbulence As Potential Credit Downgrade Looms
Boeing Co. BA recently halted negotiations with the International Association of Machinists and Aerospace Workers (IAM), pulling its latest offer off the table after a month-long strike began in September.
Boeing Worker Strike Costs It $1 Billion a Month
24/7 Wall St. Insights A worker strike is costing Boeing Co.
Boeing's negotiations with union leaders break down 2 days after restarting
Boeing and union leaders resumed negotiations on Monday but reached a stalemate by the end of Tuesday. IAM District 751 said Boeing was "hell-bent" on its second offer, which had now been withdrawn.
Boeing Stock Is Falling. Talks With the Union Have Broken Down.
The plane maker withdraws its recent offer to the union.
Boeing's latest headache: a possible junk downgrade
S&P Global Ratings may downgrade Boeing bonds due to cash issues amid a strike. The strike risks Boeing's recovery and affects 737 Max production — and the company's cash flow.
Boeing (BA) Faces Downgrade Risk Amid Strikes and Failed Negotiations
Boeing (BA, Financial) shares dropped more than 1.5% in pre-market trading, priced at $152.29. S&P has placed Boeing on a negative ratings watch, indicating a potential downgrade to junk status.
Boeing (BA) Strike Threatens Downgrade to Junk Status by S&P
Boeing (BA, Financial) faces a significant threat to its credit rating from S&P due to an ongoing strike. The credit rating agency warns that Boeing could be downgraded to junk status.
Boeing stock loses altitude after aerospace giant withdraws pay rise offer
Boeing Co's (NYSE:BA, ETR:BCO) share price ended lower after the company announced it had withdrawn its pay rise offer to striking workers, citing a breakdown in negotiations with the International Association of Machinists and Aerospace Workers (IAM) union. The plane maker accused the union of failing to seriously consider its final offer, which included a 30% pay rise over four years, compared to the 40% demanded by the union.
