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Wall Street analysts anticipate the company will seek to raise cash by selling stock. At the end of the second quarter, Boeing had roughly $58 billion in total debt and $12.6 billion in cash.
Boeing shares have fallen 4% since early last week, hitting a 52-week low of $154.02 on Monday before rising slightly to sit above the $155 mark at close. The stock is down 38% from the start of a ...
Boeing stock (BA) hovered near 52-week lows on Tuesday as the aircraft maker looked to strike a deal as soon as possible with its largest union on strike while at the same time cutting costs to ...
September 19, 2024 at 11:31 AM. Jason Redmond—AFP via Getty Images. Boeing’s standoff with over 33,000 striking workers is already taking a toll. On Wednesday, the company told executives and ...
The Boeing 737 MAX groundings has had a deep financial effect on the aviation industry and a significant effect on the national economy of the United States. No airline took delivery of the MAX during the groundings. Boeing slowed MAX production to 42 aircraft per month until January 2020, when they halted until the aircraft was reapproved by ...
Boeing stock fell 3.7% Friday, bringing its decline for the year to nearly 40%. The strike started soon after a regional branch of the International Association of Machinists and Aerospace Workers ...
Boeing workers wave picket signs as they strike after union members voted to reject a contract offer, Sunday, Sept. 15, 2024, near the company's factory in Everett, Wash. (AP Photo/Lindsey Wasson)
Back then, management forecast that the company's free cash flow (FCF) would hit $10 billion in 2025 or 2026. On a segmental level, the Boeing commercial airplanes (BCA) division is expected to do ...
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