Boeing Company (BA)
Boeing plans to raise up to $35B to shore up finances as strike continues
Boeing announced in a regulatory filing that it plans to raise up to $25 billion in a stock and debt offering and has entered into a $10 billion credit agreement.
BA CEO "Has Quite a Lot of Work to Do" for Turnaround
Boeing (BA) seeks to raise $25 billion in securities over the next three years. Ben Tsocanos of S&P Global Ratings has a BBB rating with a negative credit watch for Boeing but notes considerable downward pressure on the company due to a slew of other headwinds.
Boeing launches new billion-dollar liquidity moves
CNBC's Phil LeBeau reports on the latest news from Boeing.
Boeing To Raise Up To $25 Billion, Gets $10B Credit Line
Boeing (BA) shares edged higher Tuesday morning after the struggling plane maker reported that it has taken steps to secure cash.
Boeing Fallen-Angel Risk Leads to $25 Billion Cash Plan
Boeing is likelier to lean more heavily on new stock rather than debt as it considers raising $25 billion, according to Bloomberg's Brooke Sutherland, who writes the Industrial Strength newsletter. The troubled planemaker already risks becoming the largest-ever US fallen angel with its credit rating teetering near junk status, Sutherland says on Bloomberg's ``Open Interest.
Brokers Suggest Investing in Boeing (BA): Read This Before Placing a Bet
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
Boeing CEO Kelly Ortberg needs to change the company culture, says Yale's Gautam Mukunda
Gautam Mukunda, professor of management at the Yale School of Management, joins 'Squawk Box' to discuss the state of the machinist strike at Boeing, the challenges facing the company and CEO Kelly Ortberg, and more.
Boeing tees up $35bn funding through share sale and loans
Boeing Co (NYSE:BA, ETR:BCO) has unveiled plans to raise US$35 billion (£26.8 billion) through share sales and a new loan as issues for the planemaker pile up. Plans were laid out for a US$25 billion stock and debt offering in a regulatory file on Tuesday, which also showed Boeing had agreed to a US$10 billion credit facility.
Boeing gets 3 analyst price target cuts a week ahead of earnings
Boeing's (NYSE: BA) long-haul flight to the bottom of the stock price chart doesn't look like it will end any time soon — on October 14, a week before the company's October 23, Q3 2024 earnings report, three equity researchers from major Wall Street firms revised their price targets downward.
Boeing to raise as much as $25 billion to shore up balance sheet
Boeing said it could raise as much as $25 billion to shore up its balance sheet. The company said in a separate filing that it has reached a $10 billion credit agreement with banks.
Boeing to Sell Stock to Raise Cash. It Isn't About the Strike.
Aerospace firm Boeing disclosed it plans to raise up to $25 billion by selling securities. The company had about $20 billion in total liquidity at the end of September.
Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts
Boeing is raising $10 billion as a machinists' strike enters its fifth week. In a regulatory filing Tuesday, the planemaker said it had entered a credit agreement with Bank of America, Citibank, Goldman Sachs, and JPMorgan Chase.
