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.
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.
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
Boeing Strike: Union Refuses to Vote on 'Final' Contract Offer This Week
Boeing Increases Pay Offer Amid Union Strike Entering Second Week
Express News | Spirit Aero conducted an investigation into abnormal parts records in the past decade and found no potential safety issues.
boeing (BA.US) proposed a 30% salary increase to quell strikes but was firmly rejected by the union.
boeing (BA.US) bypassed angry union leaders and directly proposed a 30% pay raise to striking workers.
Boeing Union Balks at Sweetened Pay Offer Citing 'Disrespect'
Express News | Boeing offered a "final" quote to striking workers; the union refused to vote.
Can't hold on anymore! Boeing has come up with the "best and final" solution, with an overall salary increase of 30%.
Boeing requested the union to approve the contract by Friday night at 12 o'clock.
Express News | Latest Offer Did Not Fully Address Priorities Around Retirement, Wages and Other Issues - Iam Lead Negotiator
Express News | Boeing Union to Survey Members on Offer for 30% Wage Hike on Monday Night - Iam Lead Negotiator
Boeing Makes a 'Final Offer' to Striking Workers, but Union Says It's Not Good Enough
Express News | Boeing: Significantly improved the best and final salary increase proposal, addressing feedback from the union and employees. The proposal was submitted to the union before being shared with employees.
Express News | Boeing Says It Presented the Offer to Union Before Sharing With Employees
Boeing Makes New Offer to Union in Hopes of Ending Strike -- 2nd Update
Express News | The International Association of Machinists and Aerospace Workers (IAM) stated that boeing's quote was not discussed with the union; this matter was brought up without any discussion.
Express News | Boeing's union criticized the company's strategy in the latest proposal.
Express News | Iam Says Boeing's Offer Was Not Negotiated With Union; It Was Thrown Without Any Discussion