Can Boeing's Spirit AeroSystems acquisition restore trust?

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 53 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 63%

Spirit Aerosystems News

Boeing,Josh Lipton,Seana Smith

Shares of Boeing (BA) are climbing after agreeing to buy back fuselage maker Spirit AeroSystems (SPR) in a deal valued at around $4.7 billion. Josh Lipton...

Well, shares of Boeing on the rise today, the jet maker announcing that it will buy back supplier Spirit Aero Systems for 3725 a share of the deal uh just around $4.7 billion.Now, they're doing this just about 20 years after the spin off from uh Spirit aerosystems here.

But again, analyst, at least early reaction do remain cautious on what exactly or how big of a catalyst this is going to be for Boeing, at least in the media, uh, I guess in the near term, near to medium term.We had a lot of, then we had reports that you saw Sean Doj plans to charge Boeing with criminal fraud.This was tied to uh two previous fatal crashes.

In addition to their track record of yielding solid returns in the long run, the strong fundamentals of these two Canadian Stocks make them attractive buy-and-hold forever stocks for TFSA investors. The post 2 Canadian Stocks to Buy and Hold Forever in Your TFSA appeared first on The Motley Fool Canada.As the first half of 2024 concludes, Canadian markets have shown resilience with solid gains, particularly benefiting from sectors like utilities and gold while maintaining lower volatility.

Warren Buffett says the key to a long marriage is 'low expectations' — how he applies that to his portfolio‘Roaring Kitty’ Sued Over Alleged GameStop ‘Pump and Dump’

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Roaring Kitty reveals Chewy stake, Boeing to buy Spirit AeroSystems: Yahoo FinanceAn SEC filing has revealed that Keith Gill, aka 'Roaring Kitty' on social media, has a $245 million stake in online pet retailer Chewy (CHWY). The investment...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »