Investors are clamoring for new Boeing debt after the company's $641 million first-quarter loss, report says | Markets Insider

📆 30/04/2020 23:25:00
📰 BusinessInsider

⏱ Reading Time:
14 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 51%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Investors are clamoring for new Boeing debt after the company's $641 million first-quarter loss, report says

through the first quarter and posted a $641 million loss, its second profit shortfall in five years. Boeing also issued production cuts for its commercial plane segment and said it planned to cut 10% of its workforce.

A bond sale isn't the only option Boeing has explored to shore up cash. The plane manufacturer sought $60 billion in US government loans in mid-March and drew down on a $14 billion loan.Now read more markets coverage from Markets Insider and Business Insider:

Scrivi un Commento

Investors? Try FED proxies guaranteed not to lose. That's how billionaires become Trillionaires.

because investors have become stupid.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Boeing to cut workforce, production as pandemic delivers 'body blow' to business
Fonte: ABC - 🏆 471. / 51 Leggi di più »