Wall Street pegs Boeing"s 737 MAX bill at more than $25 billion
Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service......»»
Wall Street pegs Boeing"s 737 Max bill at more than $25 billion
The company has already booked $9 billion in costs related to the grounding......»»
Wall Street pegs Boeing"s 737 MAX bill at more than $25 billion
Boeing Co's bill for the 737 MAX grounding could balloon to more than $25 billion, analysts estimated on Wednesday, a day after the U.S. planemaker warned of further delay in returning its once best-selling jet to service......»»
Bill Gates reportedly transferred another $850 million in shares to Melinda, taking total transfers since their divorce to nearly $4 billion
Bill Gates transferred $850 million in Deere stock to Melinda French Gates, the Wall Street Journal reported - about 7% of his stake in the co.....»»
The Wall Street Journal: Ex-Tiger Asia manager Bill Hwang behind big ViacomCBS, Discovery selloff
The liquidations appear to have left Archegos, which managed an estimated $10 billion of personal wealth for Hwang and his family, under extreme pressure following heavy losses......»»
Wall Street banks extend Boeing $5.28B credit line
Boeing reported a loss of $11.9 billion in 2020......»»
Some on Wall Street not buying Boeing’s bailout balk
The Boeing Co. has publicly distanced itself this week from a need for a share of the COVID-19 stimulus bill, but some on Wall Street aren’t buying the going-solo talk. Company CEO David Calhoun said earlier this week that the company had $15 bi.....»»
The Wall Street Journal: Boeing secures funding options amid 737 Max crisis, including $12 billion bank loan
Boeing Co. has lined up at least $12 billion in bank loans and may tap the commercial paper market to counter the cash drain from the 737 Max crisis......»»
737 Max crisis could cost Boeing as much as $20 billion, Wall Street estimates
Repeated delays to the return of the 737 Max will likely lead Boeing to take another charge when it reports later this month, analysts say......»»
The Wall Street Journal: Boeing may raise more debt to curb loses from 737 MAX
Boeing had $20 billion in available funds at the end of the September quarter, but the MAX crisis costs are getting bigger......»»
Boeing may tap debt market to help pay 737 MAX costs: WSJ
Boeing could raise as much as $5 billion in debt to help cover expenditures that could top $15 billion in the first half, The Wall Street Journal reported, citing people familiar with the matter. Finances at the plane maker have been.....»»
The Wall Street Journal: Boeing gets $5.9 billion of orders for grounded 737 MAX jet
Boeing Co. received 50 orders for its grounded 737 MAX, a boost for the embattled plane maker as it continues to deal with the fallout from two fatal crashes involving the jet......»»
The Wall Street Journal: Major drug distributors in talks to settle opioid lawsuits for $18 billion
Three major drug distributors are in talks to pay $18 bill.....»»
The Wall Street Journal: Boeing gets liquidity boost from $3.5 billion bond sale
Boeing Co. sold $3.5 billion of bonds Tuesday, providing the company with a liquidity boost as it faces at least $1 billion of costs related to the grounding and reduced production of its 737 Max airplanes......»»
T-Mobile Ready to Pay $26 Billion to Buy Sprint
In this segment from the MarketFoolery podcast host Chris Hill and Motley Fool Asset Management s Bill Barker were pleased to see that Wall Street s M amp A cohort had a busy weekend with a pair of heavyweight telecoms preparing to join forces assuming.....»»
A $500 billion money manager has built an Amazon Alexa for Wall Street — and it"s already helping trade billions of dollars (AB)
David Becker/Getty Images Meet Abbie, an artificial-intelligence-powered bot that's helping conduct fixed-income trades at the $500 bill.....»»
The Wall Street Journal: Senate OKs $867 billion farm bill, but omits food-stamp work requirement
The Senate on Thursday passed a five-year bill to reauthorize farm programs, aiming to complete work important to a key GOP constituency well before the midterm elections......»»
New Zealand makes $1.5 billion purchase from Boeing
New Zealand is buying four surveillance jets from Boeing in a $1.5 billion deal. The Wall Street Journal reports that the move, to purchase Boeing Co. P-8A Poseidons, is part of an effort to counter a Chinese buildup in the Pacific. “We are step.....»»
The Wall Street Journal: Boeing wins contract to build Air Force trainer jets for third score in a few weeks
Boeing Co. on Thursday secured a hat-trick of Pentagon contract wins after it was awarded a deal worth up to $9.2 billion to build new trainer jets for the Air Force......»»
JPMorgan Smashes Expectations with EPS of $4.44 and Revenue Over $42 Billion in First Quarter
JPMorgan Chase & Co. (NYSE:JPM) recently announced its quarterly earnings, surpassing Wall Street predictions and highlighting its significant financial strength. ... Read more.....»»
Bitcoin claws back as Wall Street breaks losing streak
The rebound came after bitcoin suffered brutal losses in a broad sell-off that vaporized several billion dollars in the cryptocurrency market......»»