Boeing (BA) News & Analysis

The October jobs report, though muddied by Hurricane Milton and the Boeing strike, bolstered the case for addition Fed rate cuts, aiding the S&P 500.
The post Jobs Report: Fed Rate-Cut Odds Jump As Hiring Stalls Amid Strike, Hurricane; S&P 50…

Boeing overcharged the Air Force nearly $1 million for spare parts on C-17 cargo planes, including an 8,000% markup for simple lavatory soap dispensers, according to the Pentagon’s inspector general.The Defense Department’s auditor reviewe…

Boeing’s recent rush to raise capital is a desperate survival trade. The company has struggled mightily and is doing mass layoffs. It looks like a breakup with spinoffs is the best path forward, and increasingly likely. Also: while Boeing crashes, “the Next Nvidia” stocks are soaring. Read more here. Watch the Video Read […]

The post Boeing’s (BA) ‘Survival Trade’ Precedes a Breakup appeared first on 24/7 Wall St..

A British Airways Boeing 777 did a U-turn after flying about 2,000 miles towards Costa Rica and took passengers back to London.

The October jobs report showed a big decline in hiring as storms and strikes disrupted labor markets.

This month’s report reflects a lot of noise due to hurricanes, Boeing machinists strike.

U.S. Treasury yields dropped after data showed job creation stalled last month amid the effects of a big strike at Boeing and two recent hurricanes,.

Some 33,000 Boeing machinists have been on strike for weeks. Union leadership said the latest proposal adds a general wage increase of 38% over four years.

The company is offering a 38% wage increase over four years in its latest proposal. That is up from its original offer of 25%, which was overwhelmingly rejected by a union local representing machinists.

The IAM, which represents Boeing union machinists, said in a statement that Boeing offered a 38% pay raise over four years.

Striking workers at Boeing will vote on a new contract offer next week

The aerospace manufacturer’s largest union said it would put the contract to a vote on Monday by its 33,000 members, who rejected two earlier agreements.

The Boeing Company (NYSE:BA – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 14,420,000 shares, a growth of 13.1% from the September 30th…

According to a Pentagon audit, Boeing has overcharged the Air Force on spare parts for a major cargo plane, including marking up the price of simple lavatory soap dispensers by 8,000%

Boeing (NYSE:BA) Shares Down 1.9% – Here’s Why

Hurricanes and the Boeing strike are the name of the game in October, and we expect this combination of shocks to heavily (but temporarily) distort this month’s jobs figures.

The two sides remain far apart on the issue of the company pension plan.

Airbus just posted a $1 billion quarterly profit, compared with Boeing’s $6 billion loss, and appears to be coping better with supply-chain problems.

Boeing (NYSE:BA) Trading 1% Higher – What’s Next?

Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.

Less than a week before the presidential vote, employment figures will reflect hurricane damage and a long strike at Boeing.

The two sides come together with a push from the Labor Department as the strike stretches to a seventh week.

One should refrain from investing in BA stock right now, considering its poor ROIC, dismal year-to-date performance, dim near-term prospects as well as persistent industry challenges.

Investors are still not entirely convinced a downgrade can be averted

The Air Force paid over 80 times the going rate for a bathroom soap dispenser, per a new watchdog report.

Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.

Boeing (NYSE:BA) Sees Strong Trading Volume – What’s Next?

A five-decade trend shows the number of workers on pension plans shrank by nearly 75 percent, making this contract objective unlikely.

Companies In The Article Are:BA, TSM,MRNA, ON

Boeing announced a major fundraise this week to help its financial crisis as the Dow Jones plane maker faces an extended strike, quality issues.
The post Boeing Seeks $21 Billion To Plug Cash Drain; Pension Deal Unlikely appeared first on Investor&#039…

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 Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating downgrade to junk. The common-share portion alone would tota…