Investors believe a Boeing stock sale is coming. Exactly when and how much the company will raise remains a mystery.
Boeing Co (NYSE:BA, ETR:BCO) plans to raise around $15 billion through a combination of stock sales and mandatory convertible bonds to strengthen its finances, according to sources cited by the Reuters news agency. The aerospace giant, facing regulatory issues, production setbacks, and a loss of customer confidence, is also considering a structured finance deal to raise an additional $5 billion.
Boeing is closing in on a plan to raise around $15 billion with common shares and a mandatory convertible bond as the jet maker bolsters finances worsened by a crippling strike, four sources familiar with the matter told Reuters.
Boeing (BA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dubai's Emirates, one of the world's largest cargo carriers, is expanding its fleet of Boeing 777F freighters as it plans for sharp growth in cargo traffic, industry sources said.
Boeing (BA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Delivery delays from planemakers Airbus and Boeing are "massively frustrating" and are not yet getting better, the head of the global airline body IATA said on Wednesday.
Delta Air Lines is set to update the cabins of its Boeing 757 and Airbus A350 jets. The 757s being updated are at least 20 years old as Delta waits on delayed new 737 jets.
A federal judge on Tuesday ordered Boeing and the U.S. Justice Department to detail the impact of diversity and inclusion policies on the selection of an independent monitor before he decides whether to accept the planemaker's plea deal.
BA secures a $24.5 million contract to support the C-17 Globemaster III program.
Boeing will be sending out thousands of layoff notices after CEO Kelly Ortberg last week announced the company would be cutting 10% of its workforce.
Boeing stock is higher Tuesday after the aerospace giant filed to raise as much as $25 billion and entered a credit agreement worth $10 billion.