Boeing's Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street -- WSJ

Dow Jones

2024/10/24

The Boeing machinist union rejected a deal to increase wages by 35% over the next four years. "Boeing's Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street" incorrectly said it was a 64% pay rise.

(END) Dow Jones Newswires

October 24, 2024 07:36 ET (11:36 GMT)

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Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street -- WSJ","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     The Boeing machinist union rejected a deal to increase wages by 35% over the next four years. \"Boeing's Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street\" incorrectly said it was a 64% pay rise. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2024 07:36 ET (11:36 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Boeing's Strike Is Still On. 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Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-24 18:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     The Boeing machinist union rejected a deal to increase wages by 35% over the next four years. \"Boeing's Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street\" incorrectly said it was a 64% pay rise. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 24, 2024 07:36 ET (11:36 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EADSY","symbol_name":"空中客车集团","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2477550729","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477550729","pubTimestamp":1729765680,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Boeing's new chief executive Kelly Ortberg has many active fronts in his battle to \"reset\" the company, including addressing labor strikes, re-establishing a culture of accountability, fixing ongoing problems at the defense division and figuring out how to build innovative plane models again.On Wednesday, the plane maker said that it had lost $6.2 billion and experienced a free cash flow of negative $2 billion during the third quarter, as a result of a strike that started in September. But the worse news came later in the day, when its largest machinist union rejected a deal to increase wages by 64% over the next four years.Investors don't have the stomach for much more leverage, however. Debt was $57.7 billion at the end of September. After accounting for the $10 billion cash buffer, net debt amounts to more than three times the earnings before interest, tax, depreciation and amortization, or Ebitda, that Boeing would be expected to generate in five years' time if it overcame the curr","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"EADSY":"空中客车集团","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","BK4551":"寇图资本持仓","BA":"波音","BK4588":"碎股","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","BK4585":"ETF&股票定投概念","BK4516":"特朗普概念","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4564":"太空概念","BK4187":"航天航空与国防"},"translate_title":"波音公司的罢工仍在继续。其紧张的资产负债表使情况变得更糟。——在街上听到的——华尔街日报","themeId":"0c9e4327b60707819306ce117439227a","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BA":1,"EADSY":0.9},"content_text":"The Boeing machinist union rejected a deal to increase wages by 35% over the next four years. \"Boeing's Strike Is Still On. Its Strained Balance Sheet Makes Matters Worse. -- Heard on the Street\" incorrectly said it was a 64% pay rise. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 24, 2024 07:36 ET (11:36 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}