Boeing Company (BA)
Boeing Machinists Reject Contract, Extending Strike
The machinists' union members voted against a new labor deal and will the extend six-week strike.
Boeing workers reject the company's latest proposal, which included a 35% wage hike
Boeing workers just rejected a proposal with a 35% wage increase over four years. The strike has halted most of Boeing's manufacturing for over five weeks.
Boeing Union Workers Approve/Reject Contract
The vote will extend a monthlong strike at factories where the aerospace company makes its best-selling commercial airplane.
Boeing machinists reject new labor contract extending more than 5-week strike
Boeing machinists walked off the job on Sept. 13 after overwhelmingly rejecting an earlier proposal.
Boeing factory workers reject wage deal, extending strike
Boeing U.S. factory workers rejected a new wage offer on Wednesday, extending a strike that is crippling the finances of the troubled planemaker and its suppliers.
Jim Cramer explains why Boeing might be a potential buy
'Mad Money' host Jim Cramer explains why Boeing might be a potential buy.
Jim Cramer explains why Boeing is a buy even after a troubled quarter: 'They'll be fine once they raise the cash'
CNBC's Jim Cramer on Wednesday explained why he thinks Boeing is a buy even though it posted a third-quarter loss of more than $6 billion, saying there simply aren't many competitors who can manufacture aircraft at scale. "The worse Boeing's financials might be, the better the buy, because as soon as this machinists strike is over and Boeing raises some money, it'll be back on the road to profitability," he said.
Boeing defense's business is 'core', but struggles abound for new CEO
Boeing CEO Kelly Ortberg anticipates the planemaker's defense business will continue to struggle under the weight of budget-busting older contracts, but he said on Wednesday that despite many problems the unit making helicopters, fighter jets and missiles remains "core" to the company's future.
Boeing's new plan to fix its broken culture: Execs on the factory floor
Boeing's new CEO plans to change the company culture by placing executives on factory floors. This strategy aims to address safety, communication, and trust in Boeing.
Boeing's space business risks falling behind SpaceX
Aircraft manufacturer Boeing (BA) reported a $2 billion loss in its aerospace and defense programs, now totaling up to $3 billion in losses in 2024 year-to-date. In its third quarter earnings results, Boeing announced a net $6.17 billion loss across its divisions for the quarter.
Boeing CEO on restoring company culture
Boeing's new CEO Kelly Ortberg on Wednesday said the company needs to restore company culture by getting back to its roots. Boeing reported a more than $6 billion loss for the third quarter, its largest since 2020 when the pandemic halted most aircraft demand and its best-selling airplane was grounded after two crashes.
The Boeing Company (BA) Q3 2024 Earnings Call Transcript
The Boeing Company. (NYSE:BA ) Q3 2024 Earnings Conference Call October 23, 2024 10:30 AM ET Company Participants Matt Welch - Vice President, Investor Relations Kelly Ortberg - President and Chief Executive Officer Brian West - EVP & Chief Financial Officer Conference Call Participants Myles Walton - Wolfe Research David Strauss - Barclays Sheila Kahyaoglu - Jefferies Doug Harned - Bernstein Ron Epstein - Bank of America Seth Seifman - JPMorgan Peter Arment - Baird Noah Poponak - Goldman Sachs Scott Deuschle - Deutsche Bank Jason Gursky - Citi Cai von Rumohr - TD Securities Richard Safran - Seaport Research Partners Operator Thank you for standing by.
