The Boeing Company (BA)
Boeing Withdraws Offer Made To Striking Factory Workers—No Further Negotiations Planned
Boeing said Tuesday it has withdrawn a pay raise offer made to its striking factory workers and no further negotiations with union representatives are planned at the moment after talks between both sides collapsed, extending the major work stoppage that began last month as the plane maker grapples with multiple financial and regulatory woes.
Boeing Strike: Talks With Labor Union Collapse, S&P Weighs Junk Credit Rating
Talks between Boeing and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker's key commercial manufacturing base on the US west coast. S&P Global Ratings is weighing downgrading Boeing's credit score to junk as the company continues to suffer from the fallout of the strike.
Boeing withdraws contract offer after talks with union end without a deal
Boeing said it withdrew its contract offer after talks with the machinist union broke down. More than 32,000 Boeing machinists walked off the job on Sept.
Boeing withdraws pay offer after negotiations with striking union
Boeing on Tuesday said that it has withdrawn its pay offer after negotiations with the International Association of Machinists and Aerospace Workers (IAM), whose members are on a strike against the company.
Boeing (BA) Explores Stock Issuance to Avoid Credit Downgrade
Boeing (BA, Financial) is reportedly considering raising billions through stock and similar securities issuance to prevent its credit rating from being downgraded to junk status. The company has received financing proposals from investment banks like Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup, suggesting various options like common stocks, mandatory convertible bonds, and preferred stocks.
Boeing weighs options for raising cash as ratings downgrade looms, sources say
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources familiar with the matter said, as the planemaker tries to avoid slipping in to junk territory on its credit ratings.
S&P places Boeing on 'creditwatch negative' on strike-related financial risk
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk Boeing's recent slate of troubles and what it means for the stock.
Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
Boeing's credit ratings at heightened risk of downgrade to junk as strike puts company's recovery “at risk,” S&P says.
S&P places Boeing's rating on CreditWatch negative as strike drags on
Global ratings agency S&P said on Tuesday it had placed Boeing's rating on CreditWatch negative as about 33,000 of the U.S. planemaker's workers remain on strike, halting production of its best-selling jets.
Boeing delivers 33 jets in September but strike impact looms
CNBC's Phil LeBeau reports on the latest news from Boeing.
Boeing (BA) Aircraft Deliveries Impacted by Strike Amid Competitive Pressure
Boeing Company reported the delivery of 33 jet aircraft in September, marking an increase of six units compared to the same month last year. However, the company remains concerned about the ongoing machinists' strike, now in its fourth week, which may affect future deliveries.
Boeing's (BA) Q3 Aircraft Deliveries Reach 116 Amid Strike Concerns
Boeing has announced its major project deliveries for its commercial and defense segments in the third quarter of 2024. The company delivered a total of 116 aircraft during this period, comprising 92 units of the 737, 14 units of the 787, and 6 units of the 767.
