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Worst possible news for Boeing
| January 19th, 2020 at 11:08:11 AM permalink | |
| petroglyph Member since: Aug 3, 2014 Threads: 25 Posts: 6227 | https://www.telegraph.co.uk/business/2020/01/18/staff-emails-claim-boeing-777x-shares-max-problem/?utm_content=telegraph&utm_medium=Social&utm_campaign=Echobox&utm_source=Twitter#Echobox=1579370131 The lowest price isn't always the best deal. The last official act of any government is to loot the treasury. GW |
| January 19th, 2020 at 12:58:58 PM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | Of course not. Indeed it is often the worst deal. Even the defense department gives only 80% to the lowest bidder and 20% to the next lowest bidder. If Lowest bidder cuts too many corners, DOD will easily be able to change that ratio. |
| January 22nd, 2020 at 12:17:12 PM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | BOEING STOCK FALLS FIVE PERCENT...TRADING HALTED. BOEING estimated June or July for 737 MAX return to service, BOEING seeking ten billion in cash, some analysts predict twenty billion will be final tab. |
| February 11th, 2020 at 5:52:43 PM permalink | |
| petroglyph Member since: Aug 3, 2014 Threads: 25 Posts: 6227 | https://www.zerohedge.com/markets/boeing-slides-no-new-airplane-orders-january First time since 1962. The last official act of any government is to loot the treasury. GW |
| February 11th, 2020 at 6:53:43 PM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | When you lose both the corporate culture and the corporate treasury, yeah your stock goes down. |
| March 12th, 2020 at 12:10:51 PM permalink | |
| petroglyph Member since: Aug 3, 2014 Threads: 25 Posts: 6227 | https://wolfstreet.com/2020/03/11/boeing-crashes-as-43-billion-in-past-share-buybacks-turn-into-existential-threat/ "Boeing’s shares [BA] came unglued, plunging 18.1% today, after having already plunged over the past four weeks. Since February 12, shares have crashed 46%, and since the peak on March 1, 2019, 57%:" The last official act of any government is to loot the treasury. GW |
| March 17th, 2020 at 10:58:25 AM permalink | |
| Fleastiff Member since: Oct 27, 2012 Threads: 62 Posts: 7831 | Boeing asks for Fifty Billion from Government. |
| March 17th, 2020 at 11:05:30 AM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 |
I don't think they should get it Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |
| March 17th, 2020 at 4:56:49 PM permalink | |
| SOOPOO Member since: Feb 19, 2014 Threads: 22 Posts: 4171 |
Not agreeing nor disagreeing. Should Hyatt get money? How about Royal Caribbean? How about MGM? How about the company you work for? How about shuttered random small business in NYC? How about my son the bug expert in Florida? How about you? In general I totally agree with you that the government should not prop up failing businesses, but even I see how this is an acceptable exception. |
| March 17th, 2020 at 5:02:39 PM permalink | |
| terapined Member since: Aug 6, 2014 Threads: 73 Posts: 11791 |
Its one thing for a company to struggle due to the virus Boeing is struggling due terrible business decisions regarding the 737MAX. They did it to themselves. Sometimes we live no particular way but our own - Grateful Dead "Eyes of the World" |