Boeing Stock Is Down Again. It Isn’t Trump’s Win. ...

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.In July, I covered Norwegian Air Shuttle ( OTCPK:NWARF ) and gave the stock a strong buy rating. While I would like to see my investment ideas show market outperformance, this has not been theDhierin runs the investing group The Aerospace Forum , w ...

The Boeing Company BA settled with its union. Shares are trading down fractionally.The chart of the stock offers some technical analysis lessons that can lead to profits. This is why it is our Stock of the Day.If a stock is trending lower, like Boeing was in late April, there aren't enough buy orders to fill all the sell orders. Traders who wish to sell are forced to push the price lower to get buyers interested.But at a support level the dynamic changes. There is enough demand to absorb all the supply. Som ...

Tuesday, November 5, 2024Pre-market indexes this Tuesday are inching upward to counter Monday’s non-extreme selloff. This is still the oscillation factor we’ve seen in the market, following the exuberance that took the top indexes to all-time closing highs before pulling back somewhat.The Dow is up +50 points at this hour, while the S&P 500 is up +12 and the Nasdaq +73 points. At these rates, we won’t be seeing any major moves in either direction, until Wednesday trading at the earliest. Bond yields remain ...

Key TakeawaysBoeing's machinists union voted to approve a third contract agreement, ending a crippling strike at the plane maker that has lasted nearly two months.Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. Boeing’s latest proposal received the support of 59% of the votes cast by union members. Boeing's (BA) machinists union voted to approve a third ...

TOPSHOT - Union members react as Aerospace Machinists District 751 President Jon Holden (out of ... [+] frame) announces that union members rejected a proposed Boeing contract and will go on strike, following voting results at their union hall in Seattle, Washington, on September 12, 2024. Boeing workers in the Seattle region overwhelmingly voted to strike on September 12, rejecting a contract the embattled aviation giant characterized as a boon for staff given the company's stressed financial condition. (P ...

Key TakeawaysBoeing's shares are rising in premarket trading Tuesday, after a union voted to approve a third contract agreement—ending a strike at the plane maker that has lasted nearly two months.Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. Boeing’s latest proposal received the support of 59% of the votes cast by union members. Boeing's (BA) shares ...

Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed cash.Leaders of the International Association of Machinists and Aerospace Workers district in Seattle said 59% of members who cast ballots agreed to approve the company’s fourth formal offer and the third put to a vote. The deal includes pay raises of 38% over four years, and ...

The International Association of Machinists and Aerospace Workers Local 751, which represents 33,000 members in Seattle, said it has accepted a new contract with Boeing, ending the union's strike after nearly two months. The union said machinists voted by 59% to accept the company's proposal, which includes a 38% pay raise over four years that would ultimately increase salaries from $75,608 to $119,309, Reuters reported. The proposal also included ratification and productivity bonuses.Boeing did not agree t ...

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