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Boeing Machinists Have Ended Their 7-Week Strike
Boeing Just Lost $10 a Share -- and It Wasn't All Because of the Strike
How big were those losses? If we subtract the $3 billion in charges for the 777X and 767 programs from the $4 billion total loss at the commercial airplanes division, this implies the strike cost Boeing $1 billion in Q3 from sales lost during the strike. This further implies that strike-related losses will cost Boeing another $2 billion in Q4.
Boeing to refund lost pay to employees furloughed during Machinists strike
However, the immediate cash crunch from the
strike
that triggered the furloughs was eased late last month when
Boeing
raised more than $21 billion by selling
stock
and
stock
-linked bonds. And with the
strike
over and the Machinists returning to work with a ...
Boeing Machinists Have Ended Their Seven-Week Strike
Striking Boeing machinists started returning to work on Wednesday after voting for a new contract with substantial wage increases. The 33,000 Seattle-area machinists voted 59 percent to accept, just two weeks after two-thirds of them voted to reject a slightly worse contract.
7h
Where Will Boeing Be In 3 Years?
Boeing reported its third-quarter earnings late last month. The news wasn't great: A 1% decline in sales to $17.8 billion, ...
2d
The Boeing strike ends, United stock flies, and all about boarding planes: Airlines news roundup
United Airlines shares are doing really well. Boeing machinists finally voted to end their strike and approve a new union ...
4d
on MSN
Boeing’s stock fails to hold gains after strike ends, but bonds are holding up
Spreads on Boeing’s outstanding bonds are moving tighter on the day after workers voted to end a 53-day strike.
Barron's on MSN
5d
Boeing Stock Is Falling. Don’t Blame the Union, Workers Voted to End the Strike.
Boeing has finally reached a deal with union employees to end a damaging strike, allowing the focus to shift to other ...
13d
Boeing Will Sell $19 Billion in Stock as Strike Weighs on Finances
The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a ...
4d
Boeing Stock Edges Lower After Union Vote to End Strike
Boeing shares crept lower Tuesday morning after machinists ratified a new labor deal, ending a weeks-long strike and clearing ...
5d
on MSN
Boeing Strikers Vote On Contract That Could End Strike
In July,
Boeing
agreed to plead guilty to conspiracy to commit fraud for deceiving regulators who approved the 737 Max. As ...
12d
on MSN
Boeing, in need of cash, looking to raise up to approximately $19B in offering
Boeing is looking to raise up to approximately $19 billion in a stock offering as the aerospace giant, which is dealing with ...
13d
Boeing Kicks Off Stock Sale That Could Raise Around $19B
Boeing on Monday launched the sale of around $19 billion in stock and depositary shares, as the troubled plane maker seeks to ...
12d
The Boeing strike is an existential threat, Boeing says
As it treads water awaiting the end of its machinists’ strike, Boeing (BA) just formally announced Monday that it’s raising ...
2d
on MSN
Boeing Supplier Spirit Aero Adds Another Worry to the Stock’s Turnaround Story
Boeing and the aerospace supply chain have navigated a costly labor strike with surprising ease. One of Boeing’s key ...
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