According to Reuters, JP Morgan (JPM), Bank of America (BAC), and Merrill Lynch (MER) will cut a total of almost 20,000 jobs. Reuters reports that Boeing (BA) will sign a new deal…
According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in this session of Congress are poor. Reuters reports that the US is…
Maybe Boeing (BA) should just stop selling airplanes and leave the market to Airbus. At least once a month, the US company says it will have to delay deliveries to customers. Not…
Douglas A. McIntyre According to Reuters, Toyota (TM) cut production and Nissan was downbeat about its prospects. Reuters reports that if a new CEO at Yahoo! (YHOO) wants to be well-regarded by shareholders, he or…
We have been tracking the developments in corporate bond spreads and the lack of liquidity for new capital. Over the last ten days or so we have witnessed several corporate bond offerings…
It seems like only yesterday that Boeing (BA) settled a six-week strike with its machinists. That took six weeks and delayed production of scores of planes which have customers panting to get…
Douglas A. McIntyre According to Reuters, concerns about the global economy are growing as the G20 nations are meeting. Reuters says that Congress challenged banks on how they would use bailout funds. Reuters reports that…
According to Reuters, Europe prepared rate cuts as the economy their worsened. Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in loans,…
According to Reuters, Obama won the race for US president Reuters reports that stock index futures were steady after the Obama win.
According to Reuters, South Korea launched a major economic stimulus package. Reuters reports that nearly 1,800 publicly held institutions could apply for U.S. government investments. Reuters reports that HBOS took an $8.5…
The Boeing Company (NYSE: BA) has filed for a shelf registration to allow its Boeing Capital Corporation unit to raise up to $5,000,000,000.00 ($ billion) via the sale of debt securities.
Douglas A. McIntyre According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the Fed is expected to cut rates with Japan likely to follow. Reuters…
Moving into the pit of a recession, Boeing (BA) executives managed to prolong a strike with the company’s machinists for seven weeks before reaching an four-year accord. Management almost certainly knew their…
Douglas A. McIntyre According to Reuters, GM (GM) and Chrysler have asked the government for $10 billion to close their merger. Reuters reports that Boeing (BA) and its machinists have entered into a tentative labor…
According to Reuters, former Citigroup (C) CEO Sandy Weill may start a fund to invest in distressed financial companies. Reuters writes that Amazon (AMZN) turned in a weak forecast hurting its stock.…