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How can we stop it? Boeing, which is pleading with Washington for a $60 billion bailout amid the coronavirus pandemic, announced on Friday that its CEO Dave Calhoun and Board Chairman Larry … Read more
via Zerohedge Earlier today, we reported that Boeing shocked the investing community when it announced that due to “market turmoil”, it would immediately draw down on its full $13.825 revolving credit facility, … Read more
Of immediate concern is how much cash Boeing is burning due to the 737 MAX fiasco and now the coronavirus, and how much cash it can pile up to avoid … Read more
Boeing got battered too but not nearly enough. Introducing my SADJAUS stock index tracking the 7 largest US airlines. By Wolf Richter for WOLF STREET. Boeing shares dropped 5.8% today, to $287.76, below … Read more
by Fabius Maximus Summary: Boeing has crashed. We can only guess at the boardroom action that put it on that course. But on rare occasions, they speak frankly. Like these words … Read more
finance.yahoo.com/news/boeing-737-max-scandal-cio-hilary-kramer-194939428.html “I’m looking for companies that could go up,” explains Kramer. “GE, I didn’t think the news was all that strong today. Boeing, they can come back. They had the … Read more
Imagine if i bought calls Grounding planes for a couple months more justifies a 10% loss in stock price? Thank god tdameritrade allows 4x margin (My account is 80k but … Read more
Blame the Fed. Blame tariffs. Blame GM. Blame Boeing. But US industrial production has fallen from 5.4% growth in September 2018 to minus-1.01% in December. “Production has been negative for … Read more
Boeing. Everyone wants to buy the dip, but it’s still trading near its highest EV to sales ever. It could be the Enron scandal of our day. Or it could … Read more
by mark000 ANSWER: Intel 286, created way back in 1982 www.palisadeshudson.com/2019/07/is-ancient-silicon-the-root-of-boeings-problems/ The 80286 is a microprocessor that was two generations obsolete in personal computers before my recently married daughter was … Read more
Having become a master of financial engineering instead of aircraft engineering. By Wolf Richter for WOLF STREET. The first thing to know about Boeing’s mad scramble to line up “$10 billion or more” in … Read more
by: Ethan Huff (Natural News) All eyes seem to be on Boeing these days as the legacy aircraft manufacturer’s reputation continues its slide into oblivion over the ongoing 737 Max … Read more
Boeing has identified a new software flaw in the grounded 737 Max that will require additional work, possibly further delaying the plane’s return to service. The company alerted the U.S. … Read more
The release of a batch of internal messages has raised more questions about the safety of Boeing’s 737 Max. In one of the communications an employee said the plane was … Read more
Chairman Dave Calhoun is set to replace Muilenburg, the company announced Boeing said ‘a change in leadership was necessary to restore confidence’ Company had already said it will temporarily halt … Read more
www.reuters.com/article/us-boeing-737max-economy/boeings-737-production-halt-could-dent-u-s-first-quarter-gdp-idUSKBN1YL286 WASHINGTON (Reuters) – Boeing Co’s (BA.N) decision to stop production of its best-selling 737 MAX aircraft involved in two fatal crashes will impact U.S. economic growth and employment, but … Read more