Boeing Company (BA)
Boeing (BA) Explores Stock Issuance to Avoid Credit Downgrade
Boeing (BA, Financial) is reportedly considering raising billions through stock and similar securities issuance to prevent its credit rating from being downgraded to junk status. The company has received financing proposals from investment banks like Goldman Sachs, JPMorgan Chase, Bank of America, and Citigroup, suggesting various options like common stocks, mandatory convertible bonds, and preferred stocks.
Boeing weighs options for raising cash as ratings downgrade looms, sources say
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources familiar with the matter said, as the planemaker tries to avoid slipping in to junk territory on its credit ratings.
S&P places Boeing on 'creditwatch negative' on strike-related financial risk
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk Boeing's recent slate of troubles and what it means for the stock.
Boeing on the hook for $1 billion a month because of strike, as S&P frets anew
Boeing's credit ratings at heightened risk of downgrade to junk as strike puts company's recovery “at risk,” S&P says.
S&P places Boeing's rating on CreditWatch negative as strike drags on
Global ratings agency S&P said on Tuesday it had placed Boeing's rating on CreditWatch negative as about 33,000 of the U.S. planemaker's workers remain on strike, halting production of its best-selling jets.
Boeing delivers 33 jets in September but strike impact looms
CNBC's Phil LeBeau reports on the latest news from Boeing.
Boeing (BA) Aircraft Deliveries Impacted by Strike Amid Competitive Pressure
Boeing Company reported the delivery of 33 jet aircraft in September, marking an increase of six units compared to the same month last year. However, the company remains concerned about the ongoing machinists' strike, now in its fourth week, which may affect future deliveries.
Boeing's (BA) Q3 Aircraft Deliveries Reach 116 Amid Strike Concerns
Boeing has announced its major project deliveries for its commercial and defense segments in the third quarter of 2024. The company delivered a total of 116 aircraft during this period, comprising 92 units of the 737, 14 units of the 787, and 6 units of the 767.
Boeing delivers 33 jets in September as strike weighs on output
Boeing said on Tuesday it delivered 33 jets in September, down from 40 plane deliveries in August, as a strike mid-month by around 33,000 U.S. West Coast factory workers weighs on output.
Boeing delivers 33 jets in September but strike impact looms
Boeing's deliveries are down year over year through September. The company handed over 27 of its bestselling 737 Max aircraft last month.
Boeing Surprises With $34 Billion In Defense Contract Wins
Boeing's defense contract value surged to $34 billion, nearly doubling year-over-year, driven by aircraft and bomb programs despite challenges in other areas. Excluding indefinite delivery/indefinite quantity contracts, BA's contract value still increased by 40% year-over-year, highlighting strong demand for profitable legacy programs. Boeing's defense segment faces profitability issues due to fixed-price contracts on next-generation programs, resulting in significant losses and margin fluctuations.
Senior warns on profits due to slower Boeing and Airbus aircraft production
Shares in Senior PLC (LSE:SNR) crashed 16% after the engineer warned on profits due to challenges in the aerospace market from troubles at Boeing, resulting in slower growth in the third quarter. The FTSE 250-listed aerospace, defence and power systems engineer said it expects a lower performance (meaning profit) from its aerospace division in the second half than the first.
