Worst possible news for Boeing

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January 19th, 2020 at 11:08:11 AM permalink
petroglyph
Member since: Aug 3, 2014
Threads: 22
Posts: 4649
January 19th, 2020 at 12:58:58 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 59
Posts: 7556
Quote: petroglyph
The lowest price isn't always the best deal.
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: 59
Posts: 7556
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: 22
Posts: 4649
https://www.zerohedge.com/markets/boeing-slides-no-new-airplane-orders-january

First time since 1962.
Everyone gets thrown from the plane to maintain altitude
February 11th, 2020 at 6:53:43 PM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 59
Posts: 7556
Quote: petroglyph
boeing-slides-no-new-airplane-orders-january
First time since 1962.
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: 22
Posts: 4649
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%:"
Everyone gets thrown from the plane to maintain altitude
March 17th, 2020 at 10:58:25 AM permalink
Fleastiff
Member since: Oct 27, 2012
Threads: 59
Posts: 7556
Boeing asks for Fifty Billion from Government.
March 17th, 2020 at 11:05:30 AM permalink
terapined
Member since: Aug 6, 2014
Threads: 47
Posts: 5622
Quote: Fleastiff
Boeing asks for Fifty Billion from Government.

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: 10
Posts: 1408
Quote: terapined
I don't think they should get it


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: 47
Posts: 5622
Quote: SOOPOO
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.

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"
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