Boeing Company (BA)
Boeing Stock Faces Strike Turbulence As Potential Credit Downgrade Looms
Boeing Co. BA recently halted negotiations with the International Association of Machinists and Aerospace Workers (IAM), pulling its latest offer off the table after a month-long strike began in September.
Boeing Worker Strike Costs It $1 Billion a Month
24/7 Wall St. Insights A worker strike is costing Boeing Co.
Boeing's negotiations with union leaders break down 2 days after restarting
Boeing and union leaders resumed negotiations on Monday but reached a stalemate by the end of Tuesday. IAM District 751 said Boeing was "hell-bent" on its second offer, which had now been withdrawn.
Boeing Stock Is Falling. Talks With the Union Have Broken Down.
The plane maker withdraws its recent offer to the union.
Boeing's latest headache: a possible junk downgrade
S&P Global Ratings may downgrade Boeing bonds due to cash issues amid a strike. The strike risks Boeing's recovery and affects 737 Max production — and the company's cash flow.
Boeing (BA) Faces Downgrade Risk Amid Strikes and Failed Negotiations
Boeing (BA, Financial) shares dropped more than 1.5% in pre-market trading, priced at $152.29. S&P has placed Boeing on a negative ratings watch, indicating a potential downgrade to junk status.
Boeing (BA) Strike Threatens Downgrade to Junk Status by S&P
Boeing (BA, Financial) faces a significant threat to its credit rating from S&P due to an ongoing strike. The credit rating agency warns that Boeing could be downgraded to junk status.
Boeing stock loses altitude after aerospace giant withdraws pay rise offer
Boeing Co's (NYSE:BA, ETR:BCO) share price ended lower after the company announced it had withdrawn its pay rise offer to striking workers, citing a breakdown in negotiations with the International Association of Machinists and Aerospace Workers (IAM) union. The plane maker accused the union of failing to seriously consider its final offer, which included a 30% pay rise over four years, compared to the 40% demanded by the union.
Boeing Withdraws Offer Made To Striking Factory Workers—No Further Negotiations Planned
Boeing said Tuesday it has withdrawn a pay raise offer made to its striking factory workers and no further negotiations with union representatives are planned at the moment after talks between both sides collapsed, extending the major work stoppage that began last month as the plane maker grapples with multiple financial and regulatory woes.
Boeing Strike: Talks With Labor Union Collapse, S&P Weighs Junk Credit Rating
Talks between Boeing and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker's key commercial manufacturing base on the US west coast. S&P Global Ratings is weighing downgrading Boeing's credit score to junk as the company continues to suffer from the fallout of the strike.
Boeing withdraws contract offer after talks with union end without a deal
Boeing said it withdrew its contract offer after talks with the machinist union broke down. More than 32,000 Boeing machinists walked off the job on Sept.
Boeing withdraws pay offer after negotiations with striking union
Boeing on Tuesday said that it has withdrawn its pay offer after negotiations with the International Association of Machinists and Aerospace Workers (IAM), whose members are on a strike against the company.
