Must-Read Stock News: Boeing, Stellantis, and General Motors
After more than a week of strike, boeing conceded and proposed a 30% pay raise, calling it the "best and final" version of the plan.
The major strike involves 0.033 million assembly machinists of boeing's popular aircraft. Analysts say that due to the strike, boeing's 'cash cow' 737 Max and other jetliners' production halts may lead to boeing burning through an extra $1.3 billion in cash each month.
Boeing's Striking Workers Reject 'Best And Final' Offer: '...It Missed The Mark On Many Of The Things'
Jefferies Financial lowers Boeing's target price to $240.
Gelonghui September 24th | Jefferies Financial: Lowered boeing's target price from $270 to $240, maintaining a "buy" rating.
UBS Maintains Boeing(BA.US) With Buy Rating, Maintains Target Price $240
UBS analyst Gavin Parsons maintains $Boeing(BA.US)$ with a buy rating, and maintains the target price at $240.According to TipRanks data, the analyst has a success rate of 48.1% and a total average
The Federal Aviation Administration of the USA vows to hold Boeing accountable and requires it to improve its safety management system.
Sept. 24th, according to a written testimony cited by Reuters, Mike Whitaker, the director of the Federal Aviation Administration (FAA) in the usa, will testify before the U.S. House Aviation Subcommittee on Tuesday, stating that the agency will hold boeing accountable to ensure the production of safe aircraft and improve its safety management system. Whitaker mentioned that boeing needs to make significant changes to its quality system and strengthen safety measures. He is prepared to fully utilize his authority to ensure that manufacturers, airlines, and the operational departments of the FAA take their respective responsibilities. Whitaker is also