Boeing Company (BA)
FAA chief to testify on Sept. 24 on Boeing quality turnaround plan
The head of the Federal Aviation Administration will testify on Sept. 24 before the House of Representatives Transportation Committee on Boeing's quality improvement plan, the committee said Monday.
Strike could cost Boeing $100 million-plus in daily revenue, analysts say
Boeing could lose over $100 million in daily revenue until it reaches a settlement with its union that represents more than 30,000 workers, analysts said on Monday.
Boeing's CFO says business 'in difficult position': Read memo to employees
Boeing's CFO delivered a sobering update to employees as the machinist strike rages on threatening the near-term future of the plane maker's financial position.
Boeing crafts plan to furlough ‘many' employees as workers strike for higher pay
US planemaker says strike of about 33,000 workers, which began last week, ‘jeopardizes recovery in a significant way'
Boeing freezes hiring after strike spurs drastic measures to save cash
Boeing Chief Financial Officer Brian West said the "strike jeopardizes our recovery in a significant way and we must take necessary actions to preserve cash and safeguard our shared future."
Boeing Freezes Hiring, Delays Pay Raises as Strike Worsens Finances
Boeing BA -1.24%decrease; red down pointing triangle said it would freeze hiring and delay pay increases for its salaried workforce as the jet maker grapples with financial fallout from a strike launched Friday by its largest union.
Boeing's credit rating not immediately impacted by strike, says S&P
While Moody's Ratings placed the credit on review for a possible downgrade Friday on fears the strike will put more pressure on free cash flow, and Fitch Ratings said it's badly timed, S&P said its ratings are not immediately affected by the strike.
Boeing imposes hiring freeze, takes steps to conserve cash after strike starts
Boeing is pausing hiring and taking sweeping steps to conserve cash after about 33,000 workers went on strike on Friday including considering temporary furloughs for many employees.
Boeing freezes hiring in sweeping cost cuts as it grapples with factory worker strike
More than 30,000 Boeing factory workers began a strike on Friday after overwhelmingly voting down a new contract. Boeing's CFO said Friday that the company is focused on conserving cash.
Investors Heavily Search The Boeing Company (BA): Here is What You Need to Know
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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The S&P 500 has been trading within 10% of its all-time high price, which means most investors and stocks could be doing great by following the overall market trend. However, that's not the case today, as some names have significantly fallen behind the broader market.
Insight: Boeing strike: bosses bruised, blindsided and on brink of crisis
Boeing bosses are staring down the barrel.
