Boeing and union leaders resumed negotiations on Monday but reached a stalemate by the end of Tuesday. IAM District 751 said Boeing was "hell-bent" on its second offer, which had now been withdrawn.
The plane maker withdraws its recent offer to the union.
S&P Global Ratings may downgrade Boeing bonds due to cash issues amid a strike. The strike risks Boeing's recovery and affects 737 Max production — and the company's cash flow.
Boeing (BA, Financial) shares dropped more than 1.5% in pre-market trading, priced at $152.29. S&P has placed Boeing on a negative ratings watch, indicating a potential downgrade to junk status.
Boeing (BA, Financial) faces a significant threat to its credit rating from S&P due to an ongoing strike. The credit rating agency warns that Boeing could be downgraded to junk status.
Boeing Co's (NYSE:BA, ETR:BCO) share price ended lower after the company announced it had withdrawn its pay rise offer to striking workers, citing a breakdown in negotiations with the International As
Boeing said Tuesday it has withdrawn a pay raise offer made to its striking factory workers and no further negotiations with union representatives are planned at the moment after talks between both si
Talks between Boeing and its largest union to end an almost monthlong strike collapsed for a third time, extending a shutdown of the planemaker's key commercial manufacturing base on the US west coas
Boeing said it withdrew its contract offer after talks with the machinist union broke down. More than 32,000 Boeing machinists walked off the job on Sept.
Boeing on Tuesday said that it has withdrawn its pay offer after negotiations with the International Association of Machinists and Aerospace Workers (IAM), whose members are on a strike against the co
Boeing (BA, Financial) is reportedly considering raising billions through stock and similar securities issuance to prevent its credit rating from being downgraded to junk status. The company has recei
Boeing is examining options to raise billions of dollars through a sale of stock and equity-like securities, two sources familiar with the matter said, as the planemaker tries to avoid slipping in to
Sheila Kahyaoglu, Jefferies analyst, joins 'Closing Bell Overtime' to talk Boeing's recent slate of troubles and what it means for the stock.
Boeing's credit ratings at heightened risk of downgrade to junk as strike puts company's recovery “at risk,” S&P says.
Global ratings agency S&P said on Tuesday it had placed Boeing's rating on CreditWatch negative as about 33,000 of the U.S. planemaker's workers remain on strike, halting production of its best-sellin
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE