Frankfurt - Delayed Quote ? EUR The Boeing Company (BCO.F) Follow Compare 147.68 +5.26 (+3.69%) As of October 21 at 8:39 PM GMT+2. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Boeing CEO must 'commit to the long term': Leadership expert Boeing (BA) has reached a tentative agreement with striking International Association of Machinists and Aerospace Workers (IAM) members. Union workers are set to vote on the deal on Wednesday, which could end the five-week-long strike. The news sent Boeing shares higher during intraday trading on Monday, though the stock is down roughly 38% year-to-date. Wednesday's union vote coincides with Boeing's release of third quarter earnings results. Former Medtronic CEO Bill George joins Josh Lipton and Jared Blikre on Market Domination to discuss what Boeing and new CEO Kelly Ortberg need to do to turn things around. George says the tentative deal “is a very lucrative settlement” for the workers: “Boeing had to do it to get people back to work. They desperately need to get the cash flow from aircraft coming off the production lines. Their customers are demanding that they get the aircraft. So I think they had no choice but to settle it. But it's a far more lucrative settlement than you would expect in a 2% inflation environment, but I'm glad they got it settled.” He says that Boeing’s current challenges are “the reality of what happens when you play the short-term financial game and don't take into account the long-term nature of Boeing's business.” Boeing CEO Kelly Ortberg — who started his role as chief executive on August 8 of this year — needs “to handle these short-term problems and pacify his customers to try to get them today's aircraft, but he's got to commit to the long term. [Former Boeing CEO] David Calhoun did not do that. He worked short-term problems, and they seemed to get worse.” To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Naomi Buchanan. Yahoo Finance Video ? 8 hours ago BA Tesla earnings, Goldman's S&P 500 forecast, Boeing: 3 Things Electric vehicle manufacturer Tesla (TSLA) will kick off earnings season for Big Tech's Magnificent Seven, reporting its third quarter results on Wednesday, October 23. Investors will be closely watching Tesla's vehicle production figures and guidance after being disappointed by CEO Elon Musk's grand unveiling of the Cybercab robotaxi. While stock futures (ES=F, NQ=F, YM=F) prepare for this busy week for earnings, Goldman Sachs warned that the S&P 500 (^GSPC) may not maintain its above-average performance, writing investors should expect equity returns to be "toward the lower end of their typical performance distribution" over the next decade. Lastly, aircraft manufacturer Boeing (BA) has reportedly reached a tentative agreement with the striking International Association of Machinists and Aerospace Workers (IAM) union with a vote currently set for Wednesday. This coincides with Boeing's expected earnings release date. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 17 hours ago BA ES=F TSLA Analysts revamp Boeing stock price targets on strike deal A contract vote by 33,000 striking workers comes Oct. 23. TheStreet ? 5 hours ago BA Boeing a Good Long-Term Growth Story: Gabelli's Bancroft Gabelli Funds Aerospace and Defense Analyst Tony Bancroft believes that Boeing will be able to come through a difficult year to re-establish itself as a leader in the aviation industry for both customers and investors. He speaks with Katie Greifeld on "Bloomberg Markets." Bloomberg ? 9 hours ago BA GE Aerospace’s Earnings Are Coming. They Better Be Good. The company reports its third-quarter results on Tuesday, Wall Street is looking for earnings per share of about $1.13 from sales of $9 billion. Barrons.com ? 9 hours ago GE BA Dow, S&P 500 Retreat From Record Highs Ahead of Major Earnings Dow, S&P 500 Retreat From Record Highs Ahead of Major Earnings PREMIUM MT Newswires ? 9 hours ago ^GSPC ^DJI BA Boeing’s Striking Machinists Make $115,000 a Year. Here’s How Much They Could End Up Earning in New Deal. Aerospace firm Boeing and a union have a tentative labor deal to end a strike. Some 33,000 union members vote Wednesday. Barrons.com ? 9 hours ago BA Dow, S&P 500 Retreat From Record Highs Ahead of Week's Major Earnings Dow, S&P 500 Retreat From Record Highs Ahead of Week's Major Earnings PREMIUM MT Newswires ? 9 hours ago ^GSPC ^DJI BA Emirates to nearly double 777 freighter fleet by late 2026 Emirates has placed an order for five current-generation 777 freighters and is eyeing a big order for next-generation freighters from either Airbus or Boeing. The post Emirates to nearly double 777 freighter fleet by late 2026 appeared first on FreightWaves. FreightWaves ? 10 hours ago BA These Stocks Moved the Most Today: Boeing, Kenvue, Cigna, Tesla, Spirit Airlines, UPS, Disney, and More Boeing and the leaders of its machinists union reach a new tentative agreement that could end a strike that has lasted longer than a month, while a report says activist Starboard Value has taken a sizeable stake in Kenvue. Tesla is scheduled to report earnings Wednesday. Barrons.com ? 10 hours ago SAVE BA Boeing Rebounds On Union Deal, But Worker Vote, Earnings Just Ahead Boeing stock rises after the Dow Jones plane maker sends a new offer to striking union members. Boeing reports Q3 results Wednesday. Investor's Business Daily ? 10 hours ago BA Tesla, Verizon and Boeing to Report This Week as Earnings Season Heats Up Results season gathers pace this week, as bellwether companies across industries give updates on their performance. Here's a look at some of the main players, along with a few economic data points and events that investors will be watching. The Wall Street Journal ? 10 hours ago BA TSLA US Equities Markets End Mixed Monday as Traders Await Next Batch of Earnings US Equities Markets End Mixed Monday as Traders Await Next Batch of Earnings PREMIUM MT Newswires ? 10 hours ago BA Stocks trading lower: Boeing, Kenvue, ASML, and more are big movers Here are the stocks making the biggest market moves midday. TheStreet ? 10 hours ago BA ^GSPC JNJ Equities Mostly Fall Intraday as Markets Await This Week's Major Earnings Equities Mostly Fall Intraday as Markets Await This Week's Major Earnings PREMIUM MT Newswires ? 12 hours ago ^GSPC BA ^DJI How the CEO of a major aerospace company totally rewrote his playbook after a $4.2 billion deal with Boeing fell through: ‘It was a baptism by fire’ The Brazilian plane manufacturer is enjoying a "harvest season" after a lot of turbulence. Fortune ? 12 hours ago ERJ BA Boeing, Union Reach Tentative Deal to End Strike. Wages Would Jump 35%. Saturday, Boeing’s striking machinists’ union announced it was taking a new labor contract to a vote. Barrons.com ? 13 hours ago BA Boeing's $50 Million-a-Day Nightmare: Can a Bold New Deal End the Strike? With a pivotal union vote looming, Boeing's turnaround plan hangs in the balance amid massive daily losses and production chaos. GuruFocus.com ? 13 hours ago BA Boeing Stock Rises After Jet Maker, Union Reach Deal Boeing shares gained about 3% after the plane maker and its machinists union reached a tentative deal that could end the strike that has halted most production. Read more: Boeing, Union Reach Wage ... The Wall Street Journal ? 13 hours ago BA Boeing Stock Rises as Plane Maker Reaches Tentative Deal With Machinists Boeing shares advanced Monday on word the plane maker and its machinists tentatively have agreed to a new contract, which could end the union's five-week strike. Investopedia ? 13 hours ago BA Performance Overview Trailing total returns as of 10/21/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return BCO.F S&P 500 YTD -36.75% +22.73% 1-Year -13.90% +38.58% 3-Year -21.08% +29.05%
