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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.
1d
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.
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 ...
12d
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 ...
deseret on MSN
4d
Third time’s the charm: Boeing strike ends as workers vote to accept new labor contract
Over 33,000
Boeing
workers who have been on
strike
for the past seven weeks are headed back ... Last week,
Boeing
...
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 ...
12d
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 ...
7d
on MSN
Boeing Will Be Much Less Profitable After the Strike
Assuming Boeing's new preferred shares are also converted into 40.6 million shares of common stock eventually, this will grow ...
The Associated Press - Business News on MSN
6d
Boeing machinists are holding a contract vote that could end their 7-week strike
A vote to ratify the contract would clear the way for the aerospace giant to resume airplane production and bring in ...
4d
on MSN
Boeing workers set to resume work after strike, but planemaker's woes remain
Striking workers at Boeing have approved a new contract proposal, ending a more than 7-week stoppage that had cost the ...
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