The Republican governors of Utah, Missouri and Montana on Tuesday urged Boeing and the union representing 33,000 striking machinists to end a nearly seven-week old strike citing the impact to their states and to the planemaker's suppliers.
The Airbus A321XLR is a potential game changer, offering unmatched range and payload capabilities, making it an ideal replacement for the Boeing 757 on transcontinental routes. The A321XLR enables airlines to economically serve thinner-demand routes, opening new market opportunities and reducing reliance on busy hubs. Despite its advantages, the A321XLR isn't suitable for all airlines, with some opting for alternatives like the Boeing 737 MAX 10 or rationalizing fleet plans.
Boeing overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap dispensers by 7,943%, according to a report by a Pentagon watchdog.
Boeing is reportedly exploring the sale of portions of its space business, such as its Starliner space vehicle and operations supporting the International Space Station.
Noted for his strange – and often worse – stock picks, Jim Cramer has yet again doubled down on his arguably most controversial recommendation of 2024.
Zacks.com users have recently been watching Boeing (BA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Boeing announced a major fund raise this week to help its financial crisis as the Dow Jones planemaker faces an extended strike, quality issues.
During earnings season, some companies will purposely release very bearish earnings reports, disclosing all the bad news at once. These are referred to as ‘kitchen sink' quarters, where they "throw out everything but the kitchen sink.
Boeing (BA) shares could remain on radar screens Tuesday after the embattled airplane maker upsized a share offering announced earlier yesterday in a bid to shore up its finances and preserve its investment grade credit rating.
The Boeing Co. said Tuesday it will raise almost $21 billion from the capital raise announced Monday through public offerings of common stock and depositary shares, more than the roughly $19 billion initially mooted.
As had been mooted, Boeing Co (NYSE:BA, ETR:BCO) announced a stock and convertible securities offering to reinforce its finances amid a prolonged strike by its machinist union workers and production issues impacting its 737 MAX aircraft. In an update, it said could rake up to $24.3 billion as the planemaker increased its stock offering to 112.5 million shares priced at $143 each, a 7.75% discount, and issued $5 billion in convertible securities.
With the US presidential election mere days away, manufacturers brace for potential policy shifts that could reshape the industry's trajectory for years. While they're on track for one of their best years, many firms remain cautious about the unknowns, particularly around trade policies under potential Trump tariffs.