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Boeing Company (BA)

Market Open
22 Oct, 01:59 PM
NYSE NYSE
$
191. 10
-1.18
-0.6137%
$
150.54B Market Cap
- P/E Ratio
8.22% Div Yield
32,042 Volume
-6.14 Eps
$ 192.28
Previous Close
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Day Range
190.33 193.19
Year Range
176.77 254.35
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Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts

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.

Businessinsider | 2 years ago
Boeing files registration statement for securities, stock sale of up to $25 bln

Boeing files registration statement for securities, stock sale of up to $25 bln

Boeing filed a registration statement with the U.S. markets regulator on Tuesday that will allow the planemaker to raise up to $25 billion through an offering of various debt securities and classes of stock.

Reuters | 2 years ago
Boeing enters $10 billion credit agreement as it moves to boost liquidity

Boeing enters $10 billion credit agreement as it moves to boost liquidity

Boeing Co.'s stock BA rose 2.8% premarket Tuesday, after the aerospace giant said it has entered a $10 billion supplemental credit agreement with a group of banks, easing concerns about its liquidity position.

Marketwatch | 2 years ago
Boeing enters $10 bln credit agreement with banks amid crippling strike

Boeing enters $10 bln credit agreement with banks amid crippling strike

Boeing said on Tuesday it has entered a credit agreement worth $10 billion with a consortium of banks, as the U.S. planemaker readies financing sources amid a crippling strike and upcoming debt maturities.

Reuters | 2 years ago
Boeing factory workers to rally in Seattle as strike enters second month

Boeing factory workers to rally in Seattle as strike enters second month

Boeing factory workers will hold a large rally in Seattle on Tuesday to demand a better wage deal, mounting pressure on new CEO Kelly Ortberg to end a bitter strike that has plunged the troubled planemaker further into financial crisis.

Reuters | 2 years ago
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help

Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help

Julie Su is in Seattle to mediate Boeing worker strike to resume negotiations. Boeing's strike began after workers rejected a 25% pay raise, demanding 40% and other benefits instead.

Businessinsider | 2 years ago
Boeing to issue layoff notices to thousands next month, union and source say

Boeing to issue layoff notices to thousands next month, union and source say

Boeing will send 60-day notices in mid-November to staff being made redundant as part of a plan announced last week to cut 17,000 jobs at the debt-laden planemaker, an engineering union spokesperson and one industry source said on Monday.

Reuters | 2 years ago
Why another delay of Boeing's new 777X plane is such a big deal

Why another delay of Boeing's new 777X plane is such a big deal

Boeing's 777X, its largest passenger plane, is delayed yet again. Flight-test problems and an ongoing strike pushed the timeline to 2026, costing billions.

Businessinsider | 2 years ago
17,000 jobs will be cut at Boeing as monthslong strike continues

17,000 jobs will be cut at Boeing as monthslong strike continues

Boeing will cut 17,000 jobs—10% of its global workforce—delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. planemaker continues to spiral during a month-long strike.

Fastcompany | 2 years ago
Boeing: Buy or sell?

Boeing: Buy or sell?

Matthew Akers, Wells Fargo Securities analyst, and Richard Safran, Seaport Global Securities senior analyst, join CNBC's 'The Exchange' to discuss Boeing's third quarter losses, their outlook the stock, and more.

Youtube | 2 years ago
Boeing's strike is 'a metaphor' for a decade of issues: Barron's associate editor

Boeing's strike is 'a metaphor' for a decade of issues: Barron's associate editor

Boeing (BA) has released its preliminary third quarter earnings results, projecting a larger-than-expected loss. The aerospace giant also announced plans to cut approximately 17,000 jobs, representing 10% of its workforce.

Youtube | 2 years ago
Stock Of The Day: Boeing Stock Sells Off As Support Collapses, Job Cuts Loom

Stock Of The Day: Boeing Stock Sells Off As Support Collapses, Job Cuts Loom

The Boeing Company BA announced plans to reduce its headcount, following the stock breaking below a key support level. As traders and investors who created the support with their buy orders have either completed their transactions or withdrawn, Boeing's stock is showing signs of further downward pressure.

Benzinga | 2 years ago
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