Boeing to cut 17,000 jobs as losses deepen during factory strike

[WatcherZero]

To announce your selling 90 million shares in a long trailed announcement then the very next day announce you were increasing the amount of shares on offer to 112.5m. Can see why the markets reacted badly to that, 25% increase in the size of the share placing within 24 hours hardly inspires confidence.

 

[aim9xray]

To announce your selling 90 million shares in a long trailed announcement then the very next day announce you were increasing the amount of shares on offer to 112.5m. Can see why the markets reacted badly to that, 25% increase in the size of the share placing within 24 hours hardly inspires confidence.

Why yes, that would dilute earnings per share (EPS). Of course, and closer to hand, dilution also reduces the metric of negative EPS, also known to the non-financial rubes (i.e. unwashed investor masses) as losses.

 

[zjz]

Not sure where to post this news, so here it goes :

USAF Overpaid For C-17 Parts, More Oversight Needed, Watchdog Says​

USAF Overpaid For C-17 Parts, More Oversight Needed, Watchdog Says | Aviation Week Network

The Defense Department Inspector General on Oct. 29 released an investigation into Boeing’s performance-based logistics contract for the C-17.

aviationweek.com

 

[edwest4]

The following is behind a paywall but Boeing management is only concerned about profits. Meaning profits using other peoples' money. Sad.

Boeing Is Exploring Possible $6 Billion Sale for Jeppesen Unit

 

[DWG]

Boeing Is Exploring Possible $6 Billion Sale for Jeppesen Unit

Probably better Jeppesen than anything else. I always thought Jeppesen was a weird fit for Boeing.