Boeing Company (BA)
Boeing: A $6 Billion Loss Was Hardly A Surprise, Neither Was The $22 Billion Capital Raise
Boeing's Q3 earnings and revenues missed expectations, with a $4 billion loss in Commercial Airplanes and continued cost overruns in Defense, Space and Security. Boeing's 2024 outlook has worsened due to supply chain issues, production delays, the strike, and additional costs, necessitating a capital raise. Boeing Global Services showed strong earnings but missed estimates, indicating limited growth potential at current revenue and profit levels.
Boeing's rumored space division sale could net a billion-dollar windfall, according to analysts
Boeing Co (NYSE:BA, ETR:BCO) may be looking to offload its space-related assets, the Wall Street Journal reported late last week. Bank of America viewed the idea positively, given the division's underperformance and cost overruns.
Boeing launches US$19bn share issue to ease liquidity crunch
Boeing Co (NYSE:BA, ETR:BCO) has launched a near US$19 billion share sale to bolster its finances as it battles strikes, production problems and a reputational crisis. Without new equity, the plane maker has said it faces its credit rating being reduced to junk status.
Boeing Launches $19 Billion Share Sale to Stave Off Downgrade
Boeing launched a nearly $19 billion share sale Monday, offering to sell 90 million common shares and about $5 billion of depositary shares, to address the troubled planemaker's liquidity needs. Sid Philip reports on Bloomberg Television.
Boeing Kicks Off Stock Sale That Could Raise Around $19B
Boeing (BA) on Monday launched the sale of around $19 billion in stock and depositary shares, as the troubled plane maker seeks to shore up its finances.
Boeing Is Selling Stock—A Lot of It. The Shares Are Surprisingly Steady.
The U.S. planemaker announced plans Monday to sell up to 103.5 million shares of common stock.
Boeing explores sale of space business
CNBC's Becky Quick reports on the lates news.
Boeing's stock bounces after announcing a $19 billion capital raise
Boeing's stock bounced to a gain Monday after a larger-than-expected capital raise was announced.
Boeing is looking for a $19 billion boost
Boeing is looking to raise nearly $19 billion to combat its lack of cash. It comes after Boeing reported a net loss of $6.1 billion in the third quarter.
Boeing launches offering of 90 mln common shares, $5 bln depositary shares
Boeing on Monday launched an offering of 90 million common shares and $5 billion of depositary shares as the planemaker looks to strengthen its finances squeezed by a more than month-long strike by its workers and preserve its investment-grade credit rating.
Boeing Capital Raise Over $15 Billion May Come as Soon as Monday
Boeing is planning to raise more than $15 billion of capital as early as Monday, in an offering that would help the beleaguered airplane maker boost its liquidity. Kate Duffy reports on Bloomberg Television.
Boeing Plans To Raise More Than $15B in Capital as Soon as Monday, Report Says
Boeing (BA) reportedly is planning to raise more than $15 billion in capital as soon as Monday, as the troubled plane maker seeks to shore up its finances.
